30 January 2026 | 5:15PM CST Equity Research China Property: 3RL removal not new, but raise market expectations on timely policy support to strengthen YTD positive momentum On Jan 28th, onshore news reported that multiple property developers (spanning SOE/POE entities of stable/distressed operating conditions) confirmed that central regulators no longer require monthly submission of "Three-Red-Lines" ("3RL") indicator data. Our conversations with a couple of developers indicate that such monthly reporting h ...