Date
16 December 2017

Listed property firms await CSRC refinancing nod, paper says

As many as 40 listed property companies have announced refinancing plans since the third quarter of last year, five of them in 2014, the 21st Century Business Herald reported Wednesday. Sources said the companies aim to raise up to 90 billion yuan (US$14.51 billion) between them but the China Securities Regulatory Commission has been slow to grant approval, despite the Ministry of Land and Resources giving the nod, the report said.

– Contact HKEJ at [email protected]

EL/AC/SK

 

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