Shao Mingxiao, CEO of Longfor Properties, says cheap funding will allow the developer to expand its portfolio of commercial complexes. Photo: May Tse
Shao Mingxiao, CEO of Longfor Properties, says cheap funding will allow the developer to expand its portfolio of commercial complexes. Photo: May Tse

Longfor Properties sees funding costs below 5pc despite credit tightening

The Chinese developer forecasts a further fall in its borrowing rates, thanks to sales growth and strong finances

Shao Mingxiao, CEO of Longfor Properties, says cheap funding will allow the developer to expand its portfolio of commercial complexes. Photo: May Tse
Shao Mingxiao, CEO of Longfor Properties, says cheap funding will allow the developer to expand its portfolio of commercial complexes. Photo: May Tse
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