Thousands of new properties under construction by the Kaisa Group, a large-scale property developer in China, have been suspended from the market due to the company’s financial crisis. Over 2000 house owners who’ve paid down payments or who’ve paid in full protested in southern China’s Shenzhen City of Guangdong Province on Jan. 24. They appealed to city government officials to protect their investments.
The protesters wearing T-shirts printed with “I want my home,” gathered at the Civic Center in Shenzhen on Saturday morning for several hours. A large number of police and riot police set up a temporary fence to block them.
