This article only represents the author's own views.
For smaller Chinese property developer Yuzhou Group Holdings Co. Ltd. (1628.HK), bulking up its business while trying to slim down debt seems like a difficult task. That’s been problematic for its shareholders, who have been dumping stock for Yuzhou and many of its peers this year.
Yuzhou, which was founded in 1994, is among many Chinese real estate developers that expanded massively over the last two decades by issuing debt, a strategy approved by Beijing leaders eager to develop the nation’s property market. But now the government is saying: Enough is enough.
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