Fitch Ratings downgraded some of developer China Vanke’s bonds deeper into junk territory, adding to the list of challenges that…
Read More »Debt
Shares of beleaguered state-backed developer China Vanke fell by more than 8 per cent between Thursday’s market close and Friday…
Read More »
Embattled Chinese property developer Country Garden Holdings said its net loss for the first half of 2024 narrowed to 12.8…
Read More »
Indebted Chinese developer Country Garden Holdings has proposed restructuring terms that aim to reduce its offshore debt by up to…
Read More »
New World Development (NWD) shares are down nearly 30 per cent since a new CEO was appointed in November and…
Read More »
Chinese budget lifestyle goods retailer Miniso Group Holding is raising US$550 million from a debt instrument to fund its overseas…
Read More »
China must address a rising problem of overinvestment in large but inefficient projects that is more rooted in habitual practice…
Read More »
Echo Huang Shaomei, the newly appointed CEO of heavily indebted New World Development (NWD), is facing a host of formidable…
Read More »
Beleaguered property developer Sunac China Holdings has sold its stake in Harbin Ice and Snow World Park, operator of one…
Read More »
New World Development (NWD) has sold its stake in Hong Kong’s largest sports infrastructure project to parent Chow Tai Fook…
Read More »