Mainland property developers have posted strong earnings for 2017, but liquidity remains a concern as Beijing keeps a tight lid on financing to cool the housing market.
All four Chinese developers listed in Hong Kong that released their annual results on Tuesday reported strong growth in revenue and profits last year. By revenue, China Merchants Land came out on top with 49 per cent growth, while SOHO China reported the biggest increase in profit, up 420 per cent from the previous year….
Source : South China Morning Post
Read more…Chinese developers report strong profits but credit curbs could spell trouble















