Chinese Developer Blames Trump, Touts Mao in Earnings Report
- Company reports plunge in first-half revenue, operating loss
- Shares have sunk 25% this year, more than the Hang Seng Index
Photographer: Qilai Shen/Bloomberg
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World leaders rarely make it into company earnings reports, but China Properties Group Ltd. has managed to pack five U.S. and Chinese top names into its own.
After presenting a 72 percent decline in first-half revenue, the management led by Chairman George Wang criticized U.S. President Donald Trump and praised several former Chinese leaders in an interim report published Wednesday night.