Participants at the meeting, which took place on Monday, included China Vanke, Kaisa Group, Ping An Bank, China Citic Bank, China Construction Bank (OTC:CICHF) and CR Trust, according to the source.
Investors are concerned about a broadening liquidity crisis in China’s property sector, with a string of offshore debt defaults, credit rating downgrades and sell-offs in some developers’ shares and bonds in recent weeks.
Source: Economy - investing.com
