China’s Shimao Group, another big Chinese real estate developer, might need to sell off property

This week, two main credit history ranking businesses downgraded Shanghai-based developer Shimao Group even more into…

Shimao jumps on report it’s selling all of its real estate projects

Pedestrians in the vicinity of the Riviera Back garden household home, made by Shimao Group Holdings…

China’s property problems spread to once-healthy developers like Shimao

InterContinental Shanghai Wonderland, a luxurious resort created by Shimao and managed by IHG, opened in 2018…