Deals

Blackstone’s Soho China Investment Discussions Have Stalled

  • Virus makes financing, weighing business prospects challenging
  • Developer said in March it was talking to overseas investors

A woman walks past commercial buildings at the Soho China Ltd. Wanjing Soho project in Beijing.

Photographer: Qilai Shen/Bloomberg
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Blackstone Group Inc.’s talks about a potential investment in Chinese property developer Soho China Ltd. have stalled, people with knowledge of the matter said.