UOB sues distressed China developer Shimao over loan terms - The Straits Times

Shimao, once considered one of China's stronger developers, suffered its first-ever default on a public note earlier this month. Read more at straitstimes.com.

HONG KONG (BLOOMBERG) - Distressed Chinese developer Shimao Group Holdings and four units have been sued by UOB in Hong Kong, adding to broader signs of growing investor impatience amid the nation's … [+2292 chars]

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