Shimao Group

New Business

Creditors pursue court action against developers Evergrande, Shimao amid housing slump

Creditors are tightening the screws on two of China’s largest property developers, pursuing court action to retrieve money owed as…

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New Business

Shimao gets more time to restructure debt after beating back liquidation petition in court

Shanghai-based developer Shimao Group prevailed in a Hong Kong court decision to dismiss a creditor petition to liquidate the company,…

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New Business

Shimao gets second reprieve in liquidation, winning time until August 12 to work out its debt

Shimao Group Holdings has received the second reprieve in a month to restructure its debt, after a Hong Kong court…

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