liquidation

New Business

Slew of indebted Chinese developers face reckoning in Hong Kong courts

There is no end in sight for the woes of indebted Chinese developers, which continue to face winding-up hearings and…

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New Business

Indebted developer Sunac China faces liquidation threat in Hong Kong

A liquidation petition was filed against indebted developer Sunac China Holdings in Hong Kong amid its efforts to restructure its…

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New Business

Builder Jinke Property reveals details of court-supervised debt restructuring plan

Chinese developer Jinke Property Group has revealed details of its court-supervised onshore debt restructuring programme to some of its creditors,…

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New Business

Baidu-backed Chinese EV maker Jiyue to cut operations, payroll to survive brutal race

Jiyue, a premium electric vehicle (EV) maker backed by Chinese search-engine firm Baidu, will downsize its operations while pursuing fresh…

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