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Developer China Fortune Land's Bond Investors Get Only Partial Payment

Developer China Fortune Land's Bond Investors Get Only Partial Payment
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China Fortune Land's Bond Investors Get Only Partial Payment

China Fortune Land's Bond Investors Get Only Partial Payment
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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China Fortune Land to set up $3.5 bln trust fund to help pay debt

China Fortune Land
Development Co will set up a trust fund worth about
25.5 billion yuan and use the proceeds to pay
off its $3.33 billion financial debts, it said on Friday.
The move. ....

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Ping An Sold Country Garden Stake, Has No Plans for Takeover

(Bloomberg) Ping An Insurance (Group) Co. doesn’t hold any shares in Country Garden Holdings Co. and has no plans to acquire the distressed Chinese developer, the company disclosed in a Shanghai Stock Exchange filing on Wednesday. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseXi to Meet US Business Leaders for Dinner in San FranciscoVirginia Democrats Fend Off Republican Sweep in Win ....

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