Similar Stories to China Shipbuilder Says Property Developer Defaulted On Loan on Bing News

Shenzhen-listed Sainty Marine said a property developer in Nanjing has failed to repay a $16.9 million loan including interest.

BING NEWS:
  • Hong Kong developer Hang Lung eyes China’s booming luxury market as it expands flagship Shanghai mall Plaza 66
    according to a PwC report Hong Kong developer Hang Lung Properties is targeting discerning Chinese consumers' penchant for luxury goods as it prepares to undertake the expansion of its flagship ...
    04/21/2024 - 11:17 am | View Link
  • Shimao Group faces winding-up petition from China Construction Bank, signalling developer is in ‘serious debt trouble’
    "This is one of the first instances where a property developer has faced a winding ... Many developers have defaulted on their debt since then. To inject liquidity into the sector and shore ...
    04/7/2024 - 5:45 pm | View Link
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