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China property developer Shimao faces liquidation petition from state-owned bank
Reuters via Yahoo Finance· 2 weeks agoThe petition centres on Shimao's failure to repay loans of HK$1.58 billion ($201.75 million) and...
Deadbeat Developer Debt Collection Enters New Phase With Shimao Liquidation
Benzinga· 3 days agoA new phase of all-out war has begun in China’s sagging real estate industry, pitting struggling...
Asian stocks mixed; Nikkei rebounds, China falls on property woes By Investing.com
Investing.com· 2 weeks agoBroader Asian markets moved in a tight range as sentiment still remained fragile in the face of...
China's Shimao faces liquidation suit over failure to pay $202 million loan
Reuters· 2 weeks ago"The company is of the view that the petition does not represent collective interests of the...
Country Garden seeks extension to three onshore bond payments amid cash crunch
South China Morning Post· 2 days agoBased in Foshan in southern Guangdong province, the former No. 1 home builder has become one of the...
Chinese State Bank Asks Court to Liquidate Developer Shimao
Bloomberg via Yahoo Finance· 2 weeks ago(Bloomberg) -- Defaulted Chinese developer Shimao Group Holdings Ltd. is facing a demand to...
Embattled Shimao faces rare winding-up petition from Chinese state-owned bank
South China Morning Post· 2 weeks agoShimao urged its offshore creditors to “carefully consider” the restructuring plan put forward on...
Developer Times China faces winding-up petition from Hang Seng Bank in Hong Kong
South China Morning Post· 3 days ago“The company intends to continue to proactively communicate and work with its offshore creditors on...
Morning Bid: Seeking shield from rising yield
WSAU Wausau· 2 weeks agoBy Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Consumer confidence surveys from Japan and Australia and Taiwan's latest...
