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Poly Property

Shimao is latest developer to see sales rise since China’s property rescue package

by Anas Siddiqui
Shimao is latest developer to see sales rise since China’s property rescue package

Shimao Group Holdings, one of several mainland Chinese developers facing liquidation suits for failing to repay debts, has become the latest to report higher property sales aided by Beijing’s stimulus …

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Poly Property’s sales slump as Beijing’s market rescue package produces mixed results

by Anas Siddiqui
Poly Property’s sales slump as Beijing’s market rescue package produces mixed results

In the first five months of the year, Poly Property sold properties worth about 21 billion yuan, 37 per cent lower than it recorded in the same period of 2023. …

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