Delinquent Shimao, Kaisa units named and shamed as defaults rise
SHANGHAI, Jan 12 (Reuters) – 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 previous month, according to the list …
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