A Hong Kong court adjourned a hearing to liquidate Kaisa Group to May 27, as the embattled Chinese property developer said it aims to iron out restructuring terms in the coming four weeks. .
Shenzhen-based Kaisa has been working on an offshore debt restructuring for two years after defaulting on its $12 billion of offshore debt in late 2021.
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HONG KONG (Reuters) - A Hong Kong court adjourned a hearing to liquidate Kaisa Group to May 27, as the embattled Chinese property developer said it aims to iron out restructuring terms in the coming four weeks. Shenzhen-based Kaisa has been working.