Indeed, Coastal Greenland, Shanghai Zendai and Greentown have started selling assets to raise funds. Timely asset sales by Shanghai Zendai would help resolve its squeezed liquidity, but Greentown's large short-term debt of Rmb20 billion (US$3.2 billion) requires more disposals. Likewise, Coastal Greenland's plans to raise funds by selling some assets do not appear to be enough to cover its total maturing debt.