
Articles
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1 week ago |
news.bloomberglaw.com | Pearl Liu |Dong Cao |Trista Xinyi Luo |Jackie Cai
Chinese builder Sunac China Holdings Ltd. is discussing with some major creditors a plan to convert all of its offshore bonds into equity, according to people familiar with the matter, as it embarks on a second debt restructuring amid persistent liquidity problems. Options available to creditors would include mandatory convertible bonds with different conversion periods, which would eventually become shares, said the people, who asked not to be identified discussing private matters.
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2 weeks ago |
financialpost.com | Trista Xinyi Luo |Pearl Liu
Liquidators say the club’s rules may affect their ability to fulfill their duties to maximize recoveries for Evergrande’s creditors, according to a writ seen by Bloomberg News that was filed in Hong Kong’s High Court on March 31. The lawsuit relates to the builder’s membership in the city’s prestigious golf club and rules governing transfers of membership, the writ shows.
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2 weeks ago |
bloomberg.com | Trista Xinyi Luo |Pearl Liu
The Fanling Golf Course, one of the golf courses of the Hong Kong Golf Club. (Bloomberg) -- China Evergrande Group’s liquidators are suing Hong Kong Golf Club as they broaden their efforts to recover more money from the defaulted developer’s assets. Liquidators say the club’s rules may affect their ability to fulfill their duties to maximize recoveries for Evergrande’s creditors, according to a writ seen by Bloomberg News that was filed in Hong Kong’s High Court on March 31.
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2 weeks ago |
bloomberg.com | Pearl Liu |Lorretta Chen |Shawna Kwan
Buildings in Hong Kong, China, on Wednesday, May, 26, 2021. Hong Kong's unemployment rate fell for a second straight month in April as the city slowly emerges from an extended slump fueled by the pandemic and social unrest.
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3 weeks ago |
bloomberg.com | Pearl Liu
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
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Investors, bankers and advisers talked about how to fix real estate behemoths and the risks related to local government debt at Bloomberg's China Credit Forum https://t.co/JO5InjtVba

RT @SCMPNews: Without love life and family trappings, China’s singles become consumption engine in economy https://t.co/tjSqaxStNx

China’s richest city Shenzhen is seeing is a buying frenzy in residential property as a government-imposed price cap created arbitrage opportunities for speculators to make quick profits

https://t.co/EKyACGMPVa #china's testbed for #marketreforms is now a hotbed for speculation as home-price #arbitrage leads to #quickprofits