Property News · October 7, 2022

Chinese developer CIFI Holdings’ shares slump to record low on deteriorating finances, analyst downgrade


CIFI’s shares slumped 8 per cent on Friday to an all-time low of HK$0.66, with CIMB Securities downgrading the shares to ‘hold’ due to higher likelihood of delayed debt payments.

Source : South China Morning Post
Read more…Chinese developer CIFI Holdings’ shares slump to record low on deteriorating finances, analyst downgrade