Bloomberg Television
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Investors Losing Confidence in China Property Sector: Bocom
Posted
September 17, 2021
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5:26Now PlayingSep.16 -- Philip Tse, director and head of Hong Kong and China property research at Bocom International Co., discusses the problems indebted developer China Evergrande Group faces, and the implications for the country's real estate market. Evergrande plans to let consumers and staff bid on discounted properties this month to repay them for billions in overdue investment products as the embattled developer seeks to preserve cash, according to people familiar with the matter. Tse speaks with Yvonne Man, Rishaad Salamat and David Ingles on "Bloomberg Markets: Asia."
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