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Property tycoon doubts real estate measures

By Zheng Yangpeng in Boao, Hainan ( China Daily ) Updated: 2013-04-09 07:44:37

Property tycoon doubts real estate measures

Economists and real estate tycoons, including Pan Shiyi (second from left), chairman of the board of property developer SOHO China, and Ren Zhiqiang (second from right), Hua Yuan Real Estate Group chairman, attend a meeting on property market regulation at the Boao Forum for Asia Annual Conference in Boao, Hainan province, on Monday. Huang Yiming / China Daily

One of China's leading property tycoons, Ren Zhiqiang, the chairman of Hua Yuan Real Estate Group, has questioned the consistency of China's latest market regulations and whether they will be able to rein in the country's skyrocketing house prices.

Property tycoon doubts real estate measures

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