Joey Yung Cho-yee

New Business

Hong Kong developer Grand Ming avoids risking default by obtaining waivers from lenders

“The group has successfully obtained waivers from all lenders in respect of the breach,” the company said on Monday. “Accordingly,…

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New Business

Commercial property crisis looms in Hong Kong as shrinking values squeeze developers

Hong Kong is facing a commercial real estate crisis, with small and medium-sized developers as well as banks under increasing…

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New Business

Hong Kong developer Grand Ming’s debt crisis deepens with US$611 million loan default

Hong Kong developer Grand Ming Group warned investors that it has yet to repay a HK$4.8 billion (US$611.4 million) loan,…

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