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Tag: caixin

Shimao has not entered into a preliminary agreement to sell the Shanghai Shimao International Plaza.
Shimao Denies Reports of Property Sale as Ratings Agencies Downgrade Company
Shimao Group Holdings, a Chinese real estate developer, was recently reported to be selling all of its residential and commercial real estate projects. The news was first reported by Caixin and cited by Reuters. However,...
Evergrande Group Crisis Deepens; Protests Erupt Across China
Protests erupted across China over the weekend at numerous properties owned and operated by the Evergrande Group with home buyers, retail investors and even Evergrandes’ own employees speaking out against how the struggling company is...