Free Trial

China Developers Fail to Reach 1H Targets: Journal

CHINA PRESS
MNI (Sydney)

China's property developers need to boost sales after a poor-performing 1H when they reached less than 40% of their targets, reports the China Securities Journal. Real estate companies should focus on outstanding sales to manage their cash flow and avoid blind expansion, the Journal quoted Li Jianqiao, a research director from the China Index Academy. Companies with a high leverage ratio and singular financing options will endure pressure, Li said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.