China's Zhenro Properties plans to dispose assets worth up to $644m by June

China's Zhenro Properties plans to dispose assets worth up to $644m by June

Beijing, China. Photo by zhang kaiyv on Unsplash

Cash-strapped Chinese developer Zhenro Properties plans to extend maturity of other onshore and offshore debt, and dispose of assets worth up to 4 billion yuan ($632.73 million) in the first half, three sources with knowledge of the matter.