Two more Chinese property developers to raise funds via discounted share sales

Two more Chinese property developers to raise funds via discounted share sales

A man and a child walk by a construction site under property developer CIFI Holdings in Wuhan, Hubei province, China February 4, 2016.. REUTERS/Stringer

CIFI Holdings on Tuesday became the latest Chinese property developer to raise funds by selling new shares at discounted prices, while Agile Group announced its second such capital raising since November.