BRIEF: Hong Kong High Court appoints PwC to liquidate Dafa Properties
Dafa Properties Group Ltd. (6111.HK) said on Friday that, in response to an application by the company's provisional liquidator, the Hong Kong High Court appointed Jong Yat Kit and So…
Deadbeat developer debt collection enters new phase with Shimao liquidation
China Construction Bank’s request to liquidate Shimao shows that state-owned banks are starting to take legal action to recover their money from the debt-ridden industry Key Takeaways: A unit of…
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