Property brokerages fined over promotions
Print Edition
SIX real estate brokerages, including Lianjia, the city’s largest, were fined 130,000 (US$15,400) to 200,000 yuan for running false and misleading promotions, officials said yesterday.
Lianjia, Pacific Rehouse, Renfeng Real Estate, Hanyu Property, 5i5j and Jiaxin Real Estate advertised non-existent properties and fake home prices to promote second-hand property transactions, said the Shanghai Industrial and Commercial Administrative Bureau.
The fines were issued in accordance with the Anti-Unfair Competition Law.
A six-month crackdown on real estate brokerage irregularities targeting seven violations started this month, local authorities said.
Violations include spreading rumors regarding real estate price surges and property price speculation, concealing information to make properties seem more attractive, and fabricating documents.
The move follows an investigation of irregularities at Lianjia by Shanghai Consumer Rights Protection Commission in February.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
