Kaisa Properties Selling in Shenzhen After Ban Lifted

Background from Reuters: Kaisa close to finalising deal with onshore creditors-advisor
Tam Lai Ling, a senior adviser to the company and former vice chairman, said Kaisa was in the last procedural stage in talks with onshore creditors of its Shenzhen projects.

Finalising an agreement with these creditors would enable Kaisa to resume sales in the city, its home town, by the end of this year, Tam added.

According to a report on iFeng, sales have resumed: 佳兆业回应深圳项目解封:以去年原价与购房者签约
Reporters from the sources involved in debt negotiations Kaisa Guangzhou was informed that under the auspices of the court, Kaisa has reached a settlement with major creditors, and has signed a mediation agreement.

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