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A Chinese real estate mogul is battling extradition to the United States from the UK for his alleged role in bribing San Francisco city officials.
Indicated co-founder of R&F Properties Zhang Li has connections to convicted former SF Public Works chief.
Guangzhou R&F Properties co-founder Zhang Li has been arrested in London for the purpose of extradition so he may face trial for bribery charges in the U.S.
The restructuring will include both corporate bonds and asset-backed securities.
Chinese property stocks and bonds soared on Monday as the market cheered an extensive package outlined by Chinese regulators to shore up financing in the embattled real estate sector, with the