19 August 2019

Beijing to tighten oversight of property agents, Xinhua says

Beijing will tighten supervision of property agents to curb irregular activities, Xinhua news agency reported Friday. Municipal authorities have held a meeting with about 20 major real estate agents, including Homelink and 5i5j, on ways to improve self-regulation and curb malpractice. Some agents have been found to publish false information of property sales on their websites and illegally seize rental deposits, among other irregular activities, the report said.

– Contact HKEJ at [email protected]



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