I heard he was selling, but I could be wrong. One of the major differences in China when it comes to buying/selling property is the fact it's not the seller who pays the agents fees, it's the buyer.
In the west, when we sell a house, we take into account the agents' commission when we agree on a selling price for the property. In China, the seller doesn't give a rat's ass about this, because the buyer not only pays for the property, but also has to pay the agent, (if there is one).