Shimao starts pre-marketing of third Chinese property IPO in as many weeks
Large and cheap landbank and economies of scale expected to help investors overcome concerns about potential fallout from recent government measures.
Being the third mainland real estate developer to seek a public listing in as many weeks was never going to be easy, especially not after China just announced another round of measures to control the property market.
However, Shimao Property Holdings believes that investors who take the time to look beyond the external noise will find the companyÆs extensive landbank, strong partners and diversified portfolio of high-end residential projects, hotels and retail space to stack up well against its already...
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