China's Shimao Group said on Friday CPYM Link Investment Limited had filed a liquidation petition against the company in the ...
Defaulted property developer Sunac China Holdings Ltd. said it can’t rule out a second offshore debt restructuring as a ...
A liquidation petition was filed against indebted developer Sunac China Holdings in Hong Kong amid its efforts to restructure ...
By Clare Jim HONG KONG (Reuters) -Sunac China shares and bonds plunged on Friday after a liquidation petition was filed ...
The bond was issued in January 2021 with a coupon rate of 7.3%. A prolonged property market slump in China over the last three years has been weighing on developers' ability to repay debt. Chinese ...
(Reuters) - Chinese property developer Redsun Properties said on Friday it would not be able to pay its $350 million bond maturing on January 13, which includes the principal and the accrued interest.
The petition has been filed by a unit of asset manager China Cinda Asset Management, and a hearing is scheduled for March 19, ...
The indebted developer has reached an understanding with a lender group made up of seven banks ahead of the company's ...
HONG KONG (Reuters) -- Sunac China shares and bonds plunged on Friday after a liquidation petition was filed against the property developer, adding to concerns over its business recovery and repayment ...
Shares of Chinese property developer Sunac China tumbled after the company received a winding up petition as the country continues to struggle with its property sector downturn. Shares fell 24% to ...
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A key offshore unit of China Evergrande Group was ordered to wind up in Hong Kong, the latest legal win for liquidators ...