Chinese property developer Shimao misses repayment on $1 billion bond - Reuters


7/3/2022 12:00:00 AM3 years 8 months ago

Chinese property developer Shimao Group <a href="https://www.reuters.com/companies/0813.HK" target="_blank">(0813.HK)</a> has missed the interest and principal payment of a $1 billion offshore bond due on Sunday, in the latest blow to China’s embattled proper…

HONG KONG, July 3 (Reuters) - Chinese property developer Shimao Group (0813.HK) has missed the interest and principal payment of a $1 billion offshore bond due on Sunday, in the latest blow to Chinas… [+2536 chars]

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