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Chinese woman snaps up nearly 200 parking spaces to flip to neighbours for profit

South China Morning Post 07 October 2026 4h ago
Chinese woman snaps up nearly 200 parking spaces to flip to neighbours for profit
66
Relevance
9/25
Freshness
25/25
Authority
18/20
Brand Signal
10/15
Depth
4/15
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A woman in central China invested 14 million yuan (US$2 million) to acquire 196 parking spaces in a residential community, later selling them at a significant mark-up, which led to furious residents suing her. The lawsuit centred around a residential block, the name of which was not disclosed, located in Changsha, Hunan province. The property project was completed and put on the market in 2018. At
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