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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· 2 days agoA new phase of all-out war has begun in China’s sagging real estate industry, pitting struggling...
Country Garden seeks extension to three onshore bond payments amid cash crunch
South China Morning Post· 1 day 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· 1 week 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· 1 week agoShimao urged its offshore creditors to “carefully consider” the restructuring plan put forward on...
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...
Developer Times China faces winding-up petition from Hang Seng Bank in Hong Kong
South China Morning Post· 2 days ago“The company intends to continue to proactively communicate and work with its offshore creditors on...
Asian stocks mixed; Nikkei rebounds, China falls on property woes By Investing.com
Investing.com· 2 weeks agoInvesting.com-- Asian stocks were a mixed bag on Monday as Japanese markets rebounded from sharp...
Morning Bid: Seeking shield from rising yield
Reuters via Yahoo Finance· 1 week agoConsumer confidence surveys from Japan and Australia and Taiwan's latest inflation print top the Asia-Pacific calendar on Tuesday, with risk appetite...
