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China property developer Shimao faces liquidation petition from state-owned bank
MSN
By Scott Murdoch (Reuters) - Chinese developer Shimao Group said on Monday China Construction Bank (Asia) had filed a liquidation petition against it in...
9 hours ago
Exclusive: Deutsche Bank to file liquidation suit against Chinese developer Shimao, sources say
Reuters
Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a...
2 months ago
Another big Chinese property developer faces a liquidation suit
CNN
Shanghai-based property giant Shimao Group said on Monday that it had received a liquidation petition from a Chinese state-owned bank,...
3 weeks ago
Shimao: China property giant hit with winding-up petition
BBC
China property giant Shimao faces winding-up case ... Getty Images Shimao logo. Getty Images. China's crisis-hit property market has been dealt a...
3 weeks ago
China Construction Bank seeks wind-up of property developer Shimao
Nikkei Asia
HONG KONG -- A top state-owned Chinese bank has filed a petition to wind up property developer Shimao Group Holdings in Hong Kong -- the...
3 weeks ago
Shimao Group Posts Losses of $6.8 billion Over Two Years
Bloomberg
Shimao Group Holdings Ltd. posted a combined loss of 48.6 billion yuan ($6.8 billion) for 2021 and 2022 as the defaulted Chinese property...
9 months ago
China Developer Shimao’s Shares Slide on Debt Revamp Plan
Asia Financial
Shares in Chinese property developer Shimao Group slumped on Friday after it issued a restructuring plan to reduce up to $7 billion in...
4 months ago
Chinese state-owned bank seeks liquidation of property developer Shimao
Financial Times
China Construction Bank's winding-up petition in Hong Kong signals creditors' growing impatience with struggling sector.
3 weeks ago
No takers for defaulted Chinese developer Shimao’s distressed asset
South China Morning Post
Investors remain bearish about China's embattled property sector as the weakening economy and elevated default rates sours risk appetite.
9 months ago
China property crisis: Shimao in survival battle
Yahoo Finance
STORY: Only a few years ago it was boasting about building a luxury hotel in a disused quarry. Now Shimao Group is the latest big Chinese...
3 weeks ago