Delinquent Shimao, Kaisa units named and shamed as defaults rise
Author of the article: SHANGHAI — Property firms controlled by developers Shimao Group Holdings, Kaisa Group Holdings and Greenland Group have been named and shamed in a list of Chinese companies “consistently overdue” on commercial paper payments. The total number of such delinquent firms jumped 26% in December from the…
bubmagJanuary 12, 2022