Moody's: Most rated Chinese property developers outperform market despite ongoing regulatory tightening
Announcement: Moody's: Most rated Chinese property developers outperform market despite ongoing regulatory tightening. Global Credit Research- 31 May 2017. Hong Kong, May 31, 2017-- Moody's Investors Service says most rated Chinese property developers will continue to outperform the broader market for the rest of 2017, despite continued regulatory tightening to control property price growth.Ronshine China Holdings Limited is an investment holding company principally engaged in the development of properties. The Company is involved in the sale of properties, construction contracting businesses and rental of properties. The Company invests in basements, residential properties, commercial properties, hotels and office properties, among others. Its properties include First City Rongxin Super Star City Phase I, First City Rongxin Super Star City Phase III, Rongxin Spanish, Broad View, David City, Lan County and The White House, among others. The Company operates businesses in Chinese cities, including Shanghai, Hangzhou, Fuzhou, Xiamen and Zhangzhou, among others.
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