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State-backed developer China South City warns of default on deadline day for dollar bond restructuring

State-backed developer China South City warns of default on deadline day for dollar bond restructuring China South City Holdings said it would not have enough…

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Developer China South City to miss bond interest payments

SHANGHAI Commercial and logistics facility operator China South City Holdings will be unable to make certain bond interest payments that were due in…

China south city holdingsSouth cityShenzhen special economic zoneReaking news

SHANGHAI Commercial and logistics facility operator China South City Holdings will be unable to make certain bond interest payments that were due i

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Breakfast briefing: Red Sea risks not abating

US housing sentiment improves; Fed pushes back on rate cut expectations; China property problems spread; more shippers avoid the Red Sea; UST 10yr 3.96%; gold down and oil up; NZ$1 = 62.1 USc; TWI-5 = 70.4

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China South City sells 70% stake in Xian projects for $717m

The buyer is state-owned shareholder SZCDG.

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