Kaisa share suspension furthers China property sector fears

Kaisa is China's 27th-largest real estate firm in terms of sales but one of its most indebted. | REUTERS

Source link. PHOTO GALLERY (CLICK TO ENLARGE). Chinese property company Kaisa suspended share trading in Hong Kong on Wednesday, with questions swirling over its ability to make payments and contagion dispersing within the countrys debt-ridden genuine estate sector.The Chinese federal government triggered a crisis within the residential or commercial property industry when it launched a

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