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April 12, 2024
Shanghai-based developer, facing 61.86 billion yuan (US$8.5 billion) in debts, says it needs more time to consider restructuring plan amid slumping sales and slow asset disposal as the property market crisis grinds on.
February 22, 2024
Embattled mainland Chinese property developer Sunshine 100 is evaluating the impact of a winding-up order against its controlling shareholder, Joywise Holdings, according to a filing with the Hong Kong exchange.
September 7, 2023
China News: Creditors of Country Garden Holdings are concerned about the Chinese developer's ability to repay its debt without liquidity support. After narrowly a
June 23, 2022
HONG KONG—Chinese state-backed Greenland Holdings Corp. Ltd. was on Wednesday downgraded to "selective default" by rating agency S&P ...
October 21, 2021
BEIJING (AP) — A major Chinese real estate developer whose struggle to avoid defaulting...