Hui Wing-mau

Shimao slashes Hong Kong Sheraton hotel price by 25% to speed up restructuring

3 weeks ago

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Defaulted mainland Chinese developer Shimao Group Holdings has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s…

Shimao’s losses spike 90% as embattled developer is gripped by China’s property downturn

August 29, 2024

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Losses at Shimao Group Holdings, the embattled mainland Chinese developer, jumped nearly 90 per cent in the first half as…