Shares of A-Living Services, a unit of Guangzhou-based Agile Group, have slumped in the last one month. Credit: Imaginechina via AFP
Shares of A-Living Services, a unit of Guangzhou-based Agile Group, have slumped in the last one month. Credit: Imaginechina via AFP

Why Chinese property management companies are losing favour with money managers

  • Shares of most Chinese property management firms, once a darling of investors, have been beaten down in recent months as the woes of their parent companies spill over
  • Property managers are being used as a financial tool by distressed developers to bail them out of sticky situations, JPMorgan says

Topic |   China property
Shares of A-Living Services, a unit of Guangzhou-based Agile Group, have slumped in the last one month. Credit: Imaginechina via AFP
Shares of A-Living Services, a unit of Guangzhou-based Agile Group, have slumped in the last one month. Credit: Imaginechina via AFP
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