China expands oversight of major banks amid property sector risks

On February 15, 2026, China announced an expansion of regulatory oversight over its major banks in response to growing risks in the property sector. The move aims to mitigate financial instability stemming from the real estate market, which has shown signs of stress impacting banking institutions. Key state-owned banks and large commercial lenders are now subject to enhanced scrutiny to ensure prudent risk management and capital adequacy. This development reflects Beijing's ongoing efforts to contain systemic risks and maintain economic stability amid challenges in the property market.