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Shimao Shares Fall After China Bank Files Liquidation Petition

By Jiahui Huang Shimao Group shares fell sharply after a Chinese state-run bank, in a rare case, filed a liquidation petition against the heavily indebted developer in Hong Kong, adding.

Shimao Group: Another big Chinese property developer faces a liquidation suit

Shimao Group: Another big Chinese property developer faces a liquidation suit
cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.

China property developer Shimao faces windup petition from state-owned bank

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