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Cash-strapped retailer Gome struggles to pay staff, plans debt restructuring
China's Gome Retail is struggling to pay staff and is planning to restructure its debt as its short-term borrowings pile up.
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CX Daily: Sichuan Power Crunch Sparks Calls for Rethink of Coal in China s Energy Mix
CX Daily: Sichuan Power Crunch Sparks Calls for Rethink of Coal in China’s Energy Mix - China ’s regulator moves to help struggling private developers with bond guarantees
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China s GOME Retail plans $579m share sale to repay debt, expand business
GOME plans to sell 2.28b new shares to a unit owned by its controlling shareholder, Wong Kwong Yu, at HK$1.97 apiece.
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