China's business press carried the following stories on Monday. China.org.cn has not checked the stories and does not vouch for their accuracy.

Shenzhen banks tighten home loans -- China Securities Journal

Some Shenzhen banks have followed the example of the Beijing headquarter of the Bank of China in cutting the discount on mortgage interest for first-time home buyers, China Securities Journal reported Monday.

Shenzhen branches of the Bank of China and China Everbright Bank have cut the first-time buyer discount to 15 percent from 30 percent. Local branches of Shenzhen Development Bank have cut the discount to 20 percent.

First-time home buyers in Shenzhen can still get a 30-percent interest rate discount at local branches of the Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Bank of Communications, China Merchants Bank, Pudong Development Bank and China Minsheng Bank.

BoCom 'knows nothing' about MOF capital injection -- Shanghai Securities News

A source at state-owned Bank of Communications (BoCom) has told Shanghai Securities News that he knows nothing about a reported capital injection from the Ministry of Finance (MOF).

Last week, domestic media carried reports saying that MOF was considering increasing its holdings in BoCom by buying new shares issued by the bank. BoCom said yesterday that it had not received any instructions on the matter.

The Finance Ministry currently holds a 26.48 percent stake in BoCom.

HNA and Beijing govt. to set up airline -- Oriental Morning Post

HNA Group, the largest privately-owned air transport company in China, last Sunday signed an agreement with the Beijing municipal government to create a city airline.

Under the agreement, the two parties will inject capital into Deer Air, a subsidiary of HNA, and rename it "Capital Airlines". The Beijing Tourism Group will act for the Beijing government in the establishment of Capital Airlines.

Caijing.com cited an unnamed HNA executive saying that HNA Group will be the controlling shareholder in the new airline.

This is the third such partnership HNA Group has signed with local governments. In May 2009, the Tianjin municipal government paid 200 million yuan for a 15.4 percent stake in HNA's Grand China Express, later renamed as Tianjin Airlines. In June 2009, the Yunnan provincial government agreed to invest 290 million yuan in Lucky Air, another regional airline company owned by HNA.

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