Fantasia the latest Chinese developer to stumble

The group's outstanding debt and share price drop as the Shenzhen government freezes the sales of four apartments.

Fantasia, the Chinese property company, has had the sale of four apartments blocked by authorities, the latest developer in Shenzhen to come under scrutiny after Kaisa defaulted last week.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media