11 out of 47 property developers listed in Shanghai and Shenzhen have posted losses for the first time, according to data compiled by Choice, a financial information company.
According to the data, one property developer posted a loss for the second time in a row and ten developers’ profits dropped during 2014.
There are 140 property developers listed on Shanghai and Shenzhen stock exchanges.
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11 out of 47 property developers listed in Shanghai and Shenzhen post losses for the first time.
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