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Delisting from SGX not on the agenda so far: Ying Li

China developer says shares at depressed valuations due to market issues, not management issues

Published Wed, Apr 29, 2015 · 09:50 PM
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Singapore

DESPITE its peers in China trading at far richer valuations, Singapore Exchange (SGX)-listed Chongqing commercial developer Ying Li International Real Estate has no intentions of delisting from Singapore so far, executive chairman Fang Ming told The Business Times.

Shares have been at depressed valuations because of market issues, not management issues, Mr Fang said of his company which recently expanded into Beijing.

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