The rise and fall of Wang and his company is an archetypal story of how a major private business drifts along China’s economic tides and policy cycles. “It’s a very …
Shimao urged its offshore creditors to “carefully consider” the restructuring plan put forward on March 25, in which it presented four options including short-term and long-term notes offering an aggregate …
Embattled Chinese property developer Country Garden Holdings downplayed the possibility of a liquidation after it hired a financial advisory firm to assess the amount of money creditors could recover in …
Embattled Chinese property developer Shimao Group Holdings is seeking to restructure offshore debt worth US$11.7 billion. The Shanghai-based firm is seeking approval from offshore creditors for a restructuring plan, according …
China Evergrande: Hong Kong court adjourns winding-up hearing by 5 weeks, signals last reprieve for developer to sort out its debt A Hong Kong court has adjourned a winding-up hearing …