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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.
The debt crisis at Redsun Properties is going from bad to worse as it has missed payments on several offshore bonds since mid-2022 as China’s housing market struggles to overcome a three-year slump.
Chinese builder Redsun Properties faces winding-up threat in Hong Kong as debt crisis goes from bad to worse The at Redsun Properties Group is going from bad…
By Jiahui Huang Redsun Properties' parent company is set to face a winding-up petition in a Hong Kong court, joining the list of heavily indebted Chinese...
Staff reporter and agencies Country Garden (2007) has reportedly put up a series of its assets in Guangzhou for sale at 3.82 billion yuan (H...