Monday, May 11, 2026
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Tag: Shimao Group

China’s property company Shimao fails to pay $1-b worth of bonds

BEIJING, China—Chinese developer Shimao Group said it has failed to make payment on a $1 billion bond that matured Sunday, one of the biggest...

Trade stopped in 33 firms listed in HK

Hong Kong, China—More than 30 firms, including at least two major Chinese property developers, saw trading in their shares halted in Hong Kong on...

Chinese developer Shimao share plunge contributes to property woes

Hong Kong, China—Chinese real estate firm Shimao Group’s share price plunged to its lowest level in a decade Tuesday, adding to concerns over the...
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