Dec 28, 2022 06:17 AM

Over 20 Chinese Developers Plan Share Sales as Ban Ends

What’s new: More than 20 Chinese developers have disclosed plans to sell new shares since China’s securities regulator eased restrictions on equity financing for the ailing industry last month.

Caixin’s calculation based on available data shows that 21 publicly traded property developers have announced intentions for stock offerings since the China Securities Regulatory Commission lifted a 12-year ban on developers’ equity financing Nov. 28.

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