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Another major Chinese construction and real estate developer ready to fall

Another major Chinese construction and real estate developer ready to fall
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Hong kongShamao groupKingboard holdingsCredit ltdChina construction bank asiaShanghai based shimaoConstruction bankChina evergrandeCountry gardenEver credit ltd

China property giant Shimao faces winding-up case

In a rare move, state-owned China Construction Bank have taken legal action against a property developer.

Hong kongKingboard holdingsCredit ltdChina construction bank asiaShimao groupChina construction bankShanghai based shimaoChina evergrandeCountry gardenEver credit ltdShimao groupReal estate developerProperty firmsProperty marketProperty investor

Court auction to sell Shimao land fails again

A court auction to sell vast commercial land plots owned by defaulted Shimao Group in Shenzhen failed for a second time on Thursday as there were no bidders, highlighting weak demand in China's property market, reports Reuters. Twelve land plots totalling 243,602 square metres, together with some uncompleted buildings on them, have asked for RMB 10.4…

Shimao groupShanghai based shimao

Court auction to sell Shimao land in Shenzhen fails again

A court auction to sell vast commercial land plots owned by defaulted Shimao Group in Shenzhen failed for a second time on Thursday as there were no bidders, highlighting weak demand in.

Clare jimStephen coatesShimao groupShanghai based shimao

China developer Shimao seeks to sell Hong Kong hotel for $828 million -agent

Chinese property developer Shimao Group is seeking to sell its hotel in Hong Kong close to the international airport for HK$6.5 billion , according to sales agent JLL on Monday, in a move that. | March 27, 2023

Hong kongSonali paulOscar chanClare jimSheraton tung chung hotelShanghai based shimaoFour pointsShimao group holdings limited stock exchangePress releaseOve 813 kyg810431042

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