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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.

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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.

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FTSE 100 today: London shares set for quite open; focus shifts to US inflation and Q1 earnings season

Asian stocks showed mixed results with the Nikkei rebounding and China facing property woes. Major Asian currencies weakened. Gold prices slipped from their record high last week, while bitcoin saw a rise in value. All eyes are now on US inflation data and the start of first quarter earnings season.

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CCB Files Lawsuit against Property Developer Shimao

CCB Files Lawsuit against Property Developer Shimao
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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 kongFern wangShimao groupChina evergrande groupChina construction bank asiaHong kong high courtDeutsche bankChina construction bankHang seng mainland properties indexCountry gardenHong kong listedLeonard lawChinese property sectorChinese economy