China’s central bank and banking regulator may 'soon' issue measures to limit the use of debt in real-estate purchases after asset prices climbed, a Shanghai official said.

Regulators may reduce 'leverage ratios,' Fang Xinghai, the director-general of Shanghai’s financial services office, said at a forum in Beijing today. 'I would think that soon you will see these measures coming out of the central bank and banking regulatory commission.'