Mainland developers have turned more cautious about investing, leaving much of their money on their balance sheets. Photo: EPA Mainland developers have turned more cautious about investing, leaving much of their money on their balance sheets. Photo: EPA
Mainland developers have turned more cautious about investing, leaving much of their money on their balance sheets. Photo: EPA

China property developers hoard cash

Mainland property companies are battening down the hatches while sitting on billions of dollars as they await fresh curbs on speculation

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Mainland developers have turned more cautious about investing, leaving much of their money on their balance sheets. Photo: EPA Mainland developers have turned more cautious about investing, leaving much of their money on their balance sheets. Photo: EPA
Mainland developers have turned more cautious about investing, leaving much of their money on their balance sheets. Photo: EPA
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