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China Vanke Faces Another Bond Test After Dodging Default

China Vanke Co., which just days ago got a reprieve on a local bond, is back in a familiar situation, as investors in another note finish voting on the distressed developer’s bid to delay payment amid...

Dec 25BloombergeconomicsImpact

A billionaire's life is on the auction block. The fire sale includes a Gilded Age mansion and a 15-room NYC penthouse.

Miles Guo in his NYC apartment in 2017 TIMOTHY A. CLARY/AFP via Getty Images Miles Guo's homes, luxury cars, and private jets are being sold off in bankruptcy court. The former billionaire, meanwhile,...

36mBusiness InsidercrimeImpact

China Vanke offshore bondholders face near wipeout in Barclays worst-case scenario

Offshore bondholders of distressed developer China Vanke could face near-total losses in a worst-case scenario, according to Barclays, underscoring the deepening risks in mainland China’s property sec...

4dSouth China Morning PosteconomicsImpact

Hong Kong developer SHKP nudges up prices on latest Sierra Sea flats on offer

Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer, has priced the next batch of units on offer at its massive Sierra Sea residential project about 5 per cent higher than previous phases, s...

Dec 30South China Morning Postreal_estateImpact
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