CX Daily: How Some Chinese Banks Ended Up in a Property Purgatory
00:00/00:00
Listen to this article
1x
Subscribe now
Listen to the full version
Listen to the full version
TOP STORIES
Analysis: How Some Chinese Banks Ended Up in a Property Purgatory
From Nov. 19 to Nov. 20, Inner Mongolia Rural Commercial Bank put 57 homes up for auction on Alibaba’s asset auction platform —bare-shell apartments in Hulunbuir listed at slightly below market rate. As of Nov. 28, not one had sold, and not a single user had registered to bid.
FINANCE & ECONOMY
State-Linked Property Deals Tied to Evergrande Face Scrutiny
Register to read this article for free.
Register
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Subscribe to both Caixin Global and Bloomberg - for the price of one.
Share this article
Open WeChat and scan the QR code
- PODCAST
- MOST POPULAR
Sign in with Google
Sign in with Facebook
Sign in with 财新