Major Chinese property developers see sell-off after delays of 2021 results

china housing market

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China's major property developers saw market sell-offs on Tuesday after several firms said they may not be able to publish their annual earnings results for 2021 as required by the end of March.

Sunac China, the country's third-largest property developer, saw its shares tumble by as much as 20% in Hong Kong after the company said late Monday that it would delay publishing its 2021 earnings results and suspend share trading . . .

 

 

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