Soho China chairman: Focused on Shanghai, Beijing

   Date:2011/11/17

SHANGHAI -(MarketWatch)- Soho China Ltd. will continue to focus on the Beijing and Shanghai property markets, company Chairman Pan Shiyi said at a forum Wednesday.

He said volatility in the property markets of China's major cities would be smaller when compared with the country's property market as a whole.

Pan said China's residential property market is a high risk sector, adding the firm hasn't invested in residential property development for the past five years
 

Source:Marketwatch

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