• 11/26/2024

Hong Kong grants Shimao a 4-week reprieve to work out debts, avert developer’s liquidation

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Debt-stricken Chinese developer Shimao Group case adjourned to July 31as the city sees a rise in the number of creditor-led liquidation petitions.

https://www.scmp.com/business/china-business/article/3268065/chinese-property-firm-shimao-group-gets-reprieve-until-next-month-hong-kong-court?utm_source=rss_feed