The rush by Chinese real estate developers to rebuild their land banks during the recent property revival could expose those with weaker capital positions to problems as bond repayments come due, S&P Global Ratings said in a research note on Wednesday.The rating agency said it was most concerned about real estate companies with thin land reserves, as these groups have been active in building up reserves in step with the rising market since March.“Given the strength of the market, developers…
Source : South China Morning Post
Read more…Ratings agency S&P warns of risks from aggressive land banking by Chinese developers















