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asset sale

Chinese conglomerate Fosun’s tourism unit says it is ‘financially sound’ amid reports of Atlantis Sanya stake sale

by Anas Siddiqui
Chinese conglomerate Fosun’s tourism unit says it is ‘financially sound’ amid reports of Atlantis Sanya stake sale

Fosun Tourism Group, the leisure and tourism unit of Chinese conglomerate Fosun International, said on Wednesday that it is “financially sound”, amid reports that its parent firm is mulling the …

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China property: Country Garden auctioning US$530 million worth of assets in Guangzhou to overcome cash crunch, defaults

by Anas Siddiqui
China property: Country Garden auctioning US0 million worth of assets in Guangzhou to overcome cash crunch, defaults

Embattled mainland Chinese developer Country Garden Holdings has put a chunk of assets on the block in Guangzhou in a bid to repay sizeable debt due within the next six …

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