BRIEF: KWG Group faces liquidation petition

Property developer KWG Group Holdings Ltd. (1813.HK) said on Wednesday that Shandong Sunlight Xin Tiandi Micro-finance Com.  Ltd. filed a winding-up petition against the company with Hong Kong’s High Court…

BRIEF: Greentown sales rise in May

Property developer Greentown China Holdings Ltd. (3900.HK) on Thursday reported its sales totaled 18.6 billion yuan ($2.59 billion) in May, up 14% year-over-year and up by an even stronger 60%…