liquidity crisis

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

Chinese builder Country Garden details offshore debt restructuring

Indebted Chinese developer Country Garden Holdings has proposed restructuring terms that aim to reduce its offshore debt by up to…

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New Business

Country Garden pledges to deliver homes on time amid debt restructuring, litigation

Country Garden Holdings pledged to deliver homes to buyers on time and maintain good communications with authorities and stakeholders, as…

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New Business

Chinese developer Sunac sells stake in Harbin Ice and Snow World Park for US$138 million

Beleaguered property developer Sunac China Holdings has sold its stake in Harbin Ice and Snow World Park, operator of one…

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