Tag: Shimao
Shimao: Real estate developer Shimao under pressure – Economy
The pressure on the Chinese real estate developer Shimao is increasing. China Construction Bank has filed a winding-up application, the company said. Shimao will vigorously defend itself against the lawsuit…
Loan not serviced: Default at real estate group Shimao
Status: 07/04/2022 12:56 p.m The real estate industry is important for China’s economy, but has been in crisis for months. Now the Shimao group is starting to falter. He could…