Zhenro Properties Archives

Indebted Chinese developer Zhenro asks to delay restructuring amid ‘strained’ conditions, Ping An unit’s lawsuit threat

Defaulted Chinese developer Zhenro Properties Group is seeking to postpone a restructuring plan as its liquidity woes continue amid slumping sales, slow asset disposal and the threat of a lawsuit …

China’s state-backed developers grow earnings as buyers look for safety in home delivery, shunning troubled builders

by Anas Siddiqui

China’s state-backed developers are generating more profits from residential sales at the expense of weak rivals, indicating buyers are placing greater emphasis on safety in capital and home delivery after …