Evergrande's loans skirt government rules that require a minimum deposit of 30 per cent, while buyers who have put down as little as 6 per cent upfront would find it easier to bail if the market turns. Photo: ReutersEvergrande's loans skirt government rules that require a minimum deposit of 30 per cent, while buyers who have put down as little as 6 per cent upfront would find it easier to bail if the market turns. Photo: Reuters
Evergrande's loans skirt government rules that require a minimum deposit of 30 per cent, while buyers who have put down as little as 6 per cent upfront would find it easier to bail if the market turns. Photo: Reuters
Property /  Hong Kong & China

Chinese developer's zero-interest loans highlights industry risks

Reuters
Reuters

Updated: 1:59am, 19 Jul, 2014

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Evergrande's loans skirt government rules that require a minimum deposit of 30 per cent, while buyers who have put down as little as 6 per cent upfront would find it easier to bail if the market turns. Photo: ReutersEvergrande's loans skirt government rules that require a minimum deposit of 30 per cent, while buyers who have put down as little as 6 per cent upfront would find it easier to bail if the market turns. Photo: Reuters
Evergrande's loans skirt government rules that require a minimum deposit of 30 per cent, while buyers who have put down as little as 6 per cent upfront would find it easier to bail if the market turns. Photo: Reuters
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