R&F Properties' 50mln yuan equity frozen

Chinese property developer R&F Properties had seen an equity amount of 50 million yuan (US$6.86 million) frozen on September 5, according to open data made available on Monday. The freeze period is from September 5, 2023, to September 4, 2026.

Guangzhou R&F Real Estate Co., Ltd. was established in August 1994, with a registered capital of about 3.75 billion yuan.