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