Clare Jim
Stories by Clare Jim
China Evergrande debt restructuring proposal to test creditor appetite
Creditors would receive a 0.25% consent fee based on the outstanding principal of their debts.
Chinese officials step up overseas travel to woo foreign investments
The world's No. 2 economy is "open for business", Premier Li Qiang said at China's Boao Forum.
Six Hong Kong-listed firms disclose deposits at SVB, say impact on operations is minimal
Brii Biosciences had the highest share of cash and bank balances at SVB, at less than 9%.
Property developer China Vanke raises nearly $500m in Hong Kong share sale
The pricing was at a 6.12% discount to Vanke's Wednesday close of HK$13.90.
China developer Country Garden chairman steps down
Yeung handed over China's largest developer by sales to his daughter, a co-chairman of the company.
HK-based New World weighs sale of majority stake in $1.4b premium office tower
New World is offering a guaranteed capitalisation rate to attract investors.
Tender sale of Evergrande’s Hong Kong headquarters said to have failed again
China Evergrande Centre is valued at $1.02-1.15b.
China South City sells 70% stake in Xian projects for $717m
The buyer is state-owned shareholder SZCDG.
Evergrande chairman’s $89m Hong Kong mansion seized by lender
The property developer is saddled with more than $300b in total liabilities.
China’s CIFI suspends offshore debt payments, kicks off restructuring process
It has failed to reach an agreement with creditors on payments worth $414m
