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All eyes on Kaisa's Kwok for turnaround after Sunac exit

Citigroup says he may sell assets to raise cash while DBS sees him seeking another partner
Saturday, May 30, 2015 - 05:50
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GETTING A MOVE ON: A tower close to completion at Kaisa Plaza, developed by Kaisa Group Holdings, in Beijing. The company also has projects under development in cities including Shanghai, Hangzhou and Chengdu.

Hong Kong

KWOK Ying Shing weathered a corruption probe, a bond default and a failed white-knight takeover to regain control of Kaisa Group Holdings Ltd. Now he needs to figure out how to turn his company around.

Citigroup Inc expects Mr Kwok may sell assets to raise cash, while DBS