Shimao pushes back on media reports, says it's in talks for property sales to help resolve debt crisis

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Shimao pushes back on media reports, says it's in talks for property sales to help resolve debt crisis
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Shimao says it's in talks for property sales to help resolve debt problems

In a filing on Tuesday, Hong Kong-listed Shimao Group made its first public response to media reports about the sale of its real estate projects.

Over the weekend, Chinese financial news site Caixin reported that Shimao put all its properties up for sale. In a filing on Tuesday, Hong Kong-listed Shimao Group made its first public response to media reports about the sale of its real estate projects.

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