Sino-Ocean Group

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Sino-Ocean wins Hong Kong court approval to proceed with US$6 billion debt workout

Sino-Ocean Group has taken another big step to resolve its liquidity crisis after a Hong Kong court approved its US$6…

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China property crisis: Hong Kong court orders Evergrande and HNA units to liquidate

A key offshore financing unit of China Evergrande Group was ordered to wind up on Monday, while a court hearing…

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China Resources Land posts record decline in its interim profit amid housing market torpor

China Resources Land (CR Land) has reported its worst interim profit drop on record, as the torpor in the nation’s…

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China’s Kaisa Group flags US$1.2 billion first-half loss amid home sales slump, write-down

Chinese developer Kaisa Group warned that it expected its net loss to widen for the first half, underscoring the troubles…

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Bondholders ‘strongly oppose’ Chinese developer Sino-Ocean’s debt-revamp plan

Embattled Chinese developer Sino-Ocean Group faces the risk of liquidation amid challenges to secure enough consent votes on a restructuring…

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