The Shenzhen-based company tapped the bond markets nearly 40 times in a four-year period and amassed hundreds of billions of yuan in bank loans as it sought to expand its core residential housing business and diversify the scope of its operations.
Pendanaan tersebut digulirkan melalui reverse repurchase agreements atau reverse repo yang menghasilkan suntikan bersih senilai 90 miliar yuan (US$13,9 miliar).