Struggling mainland property developers should be allowed to go, hard hat in hand, to Beijing for bailout funds, economists have said.

According to Standard & Poor's chief Asia economist Subir Gokarn, Beijing's 4 trillion yuan (HK$4.54 trillion) fiscal stimulus package should be extended to support private property developers as well as funding government infrastructure projects.

Shares in Hong Kong-listed mainland property companies are suffering as investors fear they will halt projects after failing to raise cash on the stock and bond markets.

South China Morning Post