A number of property developers listed on the Chinese mainland are scrambling to conduct share buybacks or issue more equity through private placements after a plunge in their stock prices put them at risk of being kicked off the country's bourses. For some, it's already too late.
Caixin
As China property crisis deepens, price falls spark delisting fear
Lack of access to equity capital limits financing and sullies reputations
An apartment complex under construction in Beijing: Some listed developers carry debt burdens so large they are doomed to delist. © Reuters
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