China Property Sector Bets on Relaxed Rules to Spur Recovery

China’s ailing property sector is hoping for a short-term rebound as developers in the country’s biggest cities race to ramp up sales on looser mortgage requirements laid out in the government’s latest stimulus package — efforts that some analysts warned aren’t enough to revive the overall gloomy sentiment.

In Guangzhou, developers including Poly Developments and Holdings Group Co. Ltd. (600048.SH) and China Vanke Co. Ltd. (000002.SZ) have been promoting the 20% minimum down-payment ratio for first homes as set out by the central government, although the local government has not announced whether it would adopt the ratio.