US$202.3 million

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…

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…