Kaisa has been banned or restricted from selling flats at its property projects in Shenzhen by the city's government. Photo: SCMP
Kaisa has been banned or restricted from selling flats at its property projects in Shenzhen by the city's government. Photo: SCMP

update | Kaisa Group denies reports it is winding up, restructuring

"The company is currently assessing the overall impact on the financial position as a result of the recent developments of the group," co-chairman Sun Yuenan said in a filing to the Hong Kong bourse

Kaisa has been banned or restricted from selling flats at its property projects in Shenzhen by the city's government. Photo: SCMP
Kaisa has been banned or restricted from selling flats at its property projects in Shenzhen by the city's government. Photo: SCMP
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