US$202.3 million

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Shimao’s losses spike 90% as embattled developer is gripped by China’s property downturn

August 29, 2024

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Losses at Shimao Group Holdings, the embattled mainland Chinese developer, jumped nearly 90 per cent in the first half as…

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

July 31, 2024

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