China could ease “three red lines” property rules – this would be a huge policy shift | Forexlive

Bloomberg with the news on what would be a massive support for China’s embattled property secot.

• China could ease “three red lines” property rules
• Would allow some property firms to add more leverage
• pushes back grace period for meeting debt target
• deadlines may be extended by at least six months

Should be a positive for property related stocks.

CNH strengthening: