Property developer Shimao put all property projects on sale, sending stocks, bonds soaring
Property developer Shimao put all property projects on sale, sending stocks, bonds soaring

Property developer Shimao put all property projects on sale, sending stocks, bonds soaring

 

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

 

 

China's Shimao Group has put all property projects on sale, including both residential and commercial properties as the troubled property developer tries to accelerate asset disposals amid a cash crunch.

Since late December, Shimao has asked agents to help seek buyers for its properties, according to Chinese news outlet Caixin.

Two industry insiders familiar with the issue confirmed the news to . . .

Sign In or Subscribe To Get Full Access. 

 

We Are Live On THE WIRE Every Trading Day. Don't Miss Out. Grab Limited-Time Welcome Offer!  See Samples
 
 

Join Us Now

 
 
 
 
 
 
 
 

Users' reviews 

 

They work with us