IN BRIEF (Page 14)

Creditable developer

Sino-Ocean Land was named as the most creditable property firm in Beijing, according to a joint appraisal by the six largest domestic banks.

The major criteria include the company's capital strength, its non-performing loans with banks and its credit record. The appraisal is sponsored by Beijing Cankao, a subsidiary of Xinhua News Agency. It is aimed at improving the property firms' credit awareness.