Cash-strapped Chinese developer Shimao sells stake in JV to state-owned partner

Cash-strapped Chinese developer Shimao sells stake in JV to state-owned partner

Photographer: SeongJoon Cho /Bloomberg

25 January, 2022

Printed by Unregistered user on Sun, 13 Jul 2025 21:15:03 GMT

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

Subscribe to Newsletter

You may also like

Chinese developer Shimao sells unit to state-owned company to reduce debt

China's Shimao, Kaisa units named and shamed as defaults rise

Read more from Greater China

Editor’s Take: The Week That Was—July 7-12

Policy & Regulations

Shanghai to consider policy responses to stablecoins, cryptocurrencies