A residential building under construction in China’s Jiangsu province. Friday’s meeting offered a chance for some of the top players in China’s 18.2 trillion yuan (US$2.7 billion) property market to voice their difficulties. Photo: Reuters
A residential building under construction in China’s Jiangsu province. Friday’s meeting offered a chance for some of the top players in China’s 18.2 trillion yuan (US$2.7 billion) property market to voice their difficulties. Photo: Reuters

Shanghai exchange organises call between five developers, investors after Greenland Holdings’ proposal to delay debt payment sours sentiment

  • Longfor Group Holdings, Country Garden, Midea Real Estate Holding, CIFI Holdings and Seazen Group present financial and business conditions during call
  • People are very disappointed by payment delay at government-backed Greenland, which has led to a slump in market confidence, analyst says

A residential building under construction in China’s Jiangsu province. Friday’s meeting offered a chance for some of the top players in China’s 18.2 trillion yuan (US$2.7 billion) property market to voice their difficulties. Photo: Reuters
A residential building under construction in China’s Jiangsu province. Friday’s meeting offered a chance for some of the top players in China’s 18.2 trillion yuan (US$2.7 billion) property market to voice their difficulties. Photo: Reuters
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