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