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Guangzhou R&F Properties Co., Ltd. (GZUHF)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.48500.0000 (0.00%)
At close: 9:30AM EDT
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  • Reuters

    China's property woes put prestige global projects in play

    LONDON (Reuters) -China's property sector woes could spell trouble for prestige mega-projects in London, New York, Sydney and other top cities as the developers behind them scramble for cash. While China Evergrande Group's struggles have dominated the crisis, the risk to multi-trillion dollar global property markets stems from some of its rivals that have spent the last decade competing to build ever taller and grander skyscrapers. Shanghai-based Greenland Holdings, which breaches as many of China's debt "red lines" as Evergrande, has just built Sydney's tallest residential tower, has plans to do the same in London and has billions of dollars worth of projects in Brooklyn, Los Angeles, Paris and Toronto.

  • The Telegraph

    Nine Elms developers borrow £400m amid Chinese property crisis

    The Hong Kong developers behind the Nine Elms regeneration in south London have borrowed £430m from banks amid fears that the escalating property crisis in China could hit projects in the UK.

  • The Telegraph

    Investors flee nightmare on Nine Elms street

    Lining the River Thames’ south bank is what some have pegged as London's most exciting real estate developments in recent years.