Recently there have been rumors in the market that certain banks have started to monitor the risk of "land kings"; that they have stopped loaning “land kings” since the fourth quarter last year.

The latest news further points out banks have also tightened the development loans.

Under the background of destocking, “land kings” still frequently appear in some cities in China; the researchers at ANBOUND Consulting had suggested that stopping the fund would be the best way to handle this situation.

By stopping the financial channel of the developers that create “land kings”, it would be difficult for the situation to reappear.