Please try a new searchSHANGHAI/BEIJING, Jul 18 (Reuters) - Chinese regulators stepped up efforts to encourage banks to lend to qualified real estate projects, as the beleaguered property sector faces new risks from a growing boycott of home mortgage payments. unfinished.The China Banking and Insurance Regulatory Commission (CBIRC) told the industry's official newspaper on Sunday that banks should meet developers' financing needs when reasonable.The CBIRC expressed confidence that with concerted efforts, "all difficulties and problems will be properly resolved," the China Banking and Insurance News reported.The remarks come at a time when a growing number of homebuyers across China are threatening to default on their mortgages over stalled real estate projects, deepening a housing crisis that is hurting the economy.The latest news helped banking and real estate stocks recover some of their recent losses.The Chinese banking index, which slumped 7% to a more than two-year low last week, rebounded 1.4% on Monday.Chinese real estate shares gained 3.1% in mainland China and rose 3.7% in Hong Kong.The rebound in Chinese bank stocks was also helped by news that China will speed up the issuance of special local government bonds to help supplement small banks' capital as part of efforts to de-risk the sector.China could also allow homeowners to temporarily suspend mortgage payments on stalled real estate projects without incurring penalties, Bloomberg reported after the market closed on Monday, citing people familiar with the matter.The article added that the eligibility of homeowners and the length of grace periods would be decided by local governments and banks and that the still-unfinalized proposal from financial regulators would require approval from top Chinese officials.Official data on Friday showed real estate output fell 7% in the second quarter from a year earlier, marking the fourth consecutive quarter of decline.New real estate loans in June topped 150 billion yuan ($22.23 billion), down from a contraction in May, state television CCTV reported on Monday."I think the Chinese government has the will and the means to solve the problem and will probably take quick action," said Mark Dong, co-founder and CEO of Hong Kong-based Minority Asset Management."The biggest risk is deteriorating consumer confidence, which threatens the nascent recovery in home sales."Dong expects state developers to step in and buy troubled projects from their heavily indebted private counterparts, accelerating consolidation in the sector.The CBIRC promised last Thursday to strengthen its coordination with other regulators to "ensure the delivery of homes."More than 200 projects have already been affected by the mortgage boycott of home buyers across the country and at least 80 real estate developers have been affected so far, E-house China Research and Development Institution reported in a report published on Monday.E-house estimated that stalled real estate projects across China accounted for 900 billion yuan of mortgages in the first half, or 1.7% of total outstanding mortgage loans.In Sunday's interview, the CBIRC urged banks to "assume social responsibility" and actively participate in studying plans to cover the financing gap and support acquisitions of real estate projects.The regulator hoped that these measures would help stabilize the real estate market, allowing the rapid resumption of construction of paralyzed properties and the delivery of homes to buyers in advance.Mainland Chinese property stocks rallied strongly in Hong Kong.Country Garden Holdings Co soared 6%, Guangzhou R&F Properties jumped 9% and KWG Group Holdings jumped nearly 11%.(1 US dollar = 6.7475 Chinese yuan)(Reporting from the Beijing and Shanghai newsrooms; additional reporting by Clare Jim in Hong Kong; edited in Spanish by José Muñoz and Benjamín Mejías Valencia)Malaga, Jul 18 (.).- The Board of Trustees of the Unicaja Foundation was unable to hold this Monday a key meeting for the future of Unicaja Banco (BME: UNI), of which it is its main...New York, Jul 18 (.).- The Chilean government explained this Monday to US investors its latest intervention measures in the foreign exchange market and plans to...NEW YORK, Jul 18 (Reuters) - U.S. Treasury yields rose on Monday, although they closed below their session high, as economic data...From Investing.com Spain we invite you to interact with other users and share with them your points of view and your doubts in relation to the market.However, in order for the debate to be as enriching as possible, please, we ask you to take into account the following criteria:How does the comments section work?All comments are published automatically as long as they do not violate any of the above rules.As soon as the system detects a possible "infraction", the comment is pending review, so it may take longer to appear on the screen (avoid duplicating comments).If the moderator detects that it is an inappropriate comment, he will proceed to eliminate it.If the user engages in such behavior, we will proceed to temporarily suspend your account and it will count as a first notice.If the behavior is repeated after the first notice, the account will be permanently suspended.Contact Technical Support with any questions that may arise.It is the only way of communication to deal with these issues.Are you sure you want to block %USER_NAME%?By doing so, neither you nor %USER_NAME% will be able to see each other's posts on Investing.com.%USER_NAME% has been successfully added to your blocked users listYou just unblocked this person;you have to wait 48 hours to be able to block it again.Tell us what you think of this comment