China property developer Shimao faces windup petition from state-owned bank
Chinese property developer Shimao Group said China Construction Bank (Asia) had filed a liquidation petition against it in Hong Kong.
Source: dealstreetasia.com
📰 Fern Wang News
Fern Wang News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Fern Wang. Real-time updates on events, politics, business and more.
China property developer Shimao faces liquidation petition from state-owned bank
Chinese developer Shimao Group said on Monday that China Construction Bank had filed a liquidation petition against it in Hong Kong over unpaid debts, a rare case of a state-owned bank taking such...
Source: marketscreener.com
China's developer Shimao shares at record low on liquidation suit
Shares of Chinese property giant Shimao Group dove to a record low Monday after the company said it faced a winding-up petition from one of the...
Hong Kong Fern Wang Shimao Group China Evergrande Group China Construction Bank Asia Hong Kong High Court
Source: dailysabah.com
Analysis - Country Garden faces heat from liquidation suit to get cracking on debt revamp talks
A liquidation petition filed against China's Country Garden will ramp up pressure on the embattled developer to come to the negotiating table for debt restructuring talks, some of its offshore creditors, advisers, and analysts said. The liquidation order against peer China Evergrande in January will also inject urgency into Country Garden to start formal discussions with creditors, they said. Country Garden said on Wednesday a liquidation petition had been filed against it in a Hong Kong ...
Source: yahoo.com
China Property Crisis: Beijing Unlikely to Rescue Evergrande Creditors
Embattled Chinese real-estate giant Evergrande has been ordered by a Hong Kong to liquidate following two years of debt crisis.
Source: businessinsider.com
Beijing is unlikely to rescue Evergrande's offshore creditors because it could make things worse at home
Embattled Chinese real-estate giant Evergrande has been ordered by a Hong Kong to liquidate following two years of debt crisis.
Source: yahoo.com
property developer: Country Garden default talk swirls as offshore debt deadline passes
Country Garden reiterated on Wednesday that it expects to be unable to meet all of its offshore debt obligations and hopes to seek a "holistic" solution to its difficulties.
Source: indiatimes.com
Country Garden Debt: Country Garden default talk swirls as offshore debt deadline passes, ET RealEstate
Country Garden Debt: Country Garden reiterated on Wednesday that it expects to be unable to meet all of its offshore debt obligations and hopes to seek a "holistic" solution to its difficulties.
Source: indiatimes.com
Recession Watch: When Big Trends Collide
The Source for Market Opinions
United States Balbinder Singh Gill Peter Zeihan Fern Wang Hamburg Commercial Bank China Evergrande Group
Source: howestreet.com
Major Evergrande creditor group to seek liquidation if no new debt plan soon: Sources, ET RealEstate
China Evergrande Group: The creditor group holds a large portion of Evergrande offshore bonds and, if it decides to join, would add more weight to the petition filed against the developer by an investor in a Hong Kong court.
Source: indiatimes.com