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Asean News Headlines at 9pm on Saturday (May 14, 2022)

Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Saturday (May 14, 2022)

Hong kongUnited kingdomRepublic ofSingapore generalPrey vengPrey vêCity ofNorth koreaSouth koreaHun senElon muskSouth east asiaJacinda ardernGoldman sachsWorld bankHealth ministry

Chinese Developers Debt Woes Worsen as Sales, Yuan Weaken

HONG KONG Chinese developer Zhongliang Holdings is scrambling to secure bondholder approval to extend the repayment on notes worth .

Albert yauAsia pacificZhongliang holdingsZhongliang chief financial officer albert yauProperty marketThe epoch times

Chinese developers debt woes worsen as sales, yuan weaken

By Clare Jim HONG KONG (Reuters) - Chinese developer Zhongliang Holdings is scrambling to secure bondholder approval to extend the repayment on notes .

Clare jimSumeet chatterjeeSam holmesAlbert yauAsia pacificZhongliang holdingsZhongliang chief financial officer albert yau

China s Fourth Largest Property Developer Sunac Misses Bond Repayment, Expects to Miss More

HONG KONG Developer Sunac China missed the deadline for coupon payments on a $742 million offshore bond and said .

Hong kongHoulihan lokeySidley austinShu hui woonLogan groupHang seng mainland properties indexKaisa groupChina evergrande groupSunac servicesZhongliang holdingsDeveloper sunac chinaShenzhen based logan groupHong kong listedThe epoch times

Chinese developer Sunac said to have missed bond coupon payment

Sunac is China’s third largest developer by sales.

Fitch ratingsHuafa groupCapital groupShimao groupKaisa groupChina evergrande groupZhongliang holdingsSunac chinaCountry gardenBeijing capital groupZhuhai based huafa group

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