BRIEF: Longfor’s sales halve in four months through April
Property developer Longfor Group Holdings Ltd. (0960.HK) on Monday reported its property sales tumbled 53% year-over-year to 10.35 billion yuan ($1.52 billion) in the first four months of 2025. Its…
BRIEF: Greentown sales fall 30% in first quarter
Property developer Greentown China Holdings Ltd. (3900.HK) reported on Thursday that contracted sales for company-owned projects in March totaled 2,840 units, down 18% from 3,478 units a year earlier. Total sales area for…
Country Garden peeks out from the shadow of death
The debt-laden property developer’s latest annual results show it returned to the black in a big way with a profit of more than 3.2 billion yuan last year Key Takeaways:…
BRIEF: Country Garden sales remain tepid in February
Property developer Country Garden Holdings Co. Ltd. (2007.HK) said on Tuesday it recorded attributable sales of 2.23 billion yuan ($323 million) in February, down 3% year-on-year but up 0.9% from…
KWG Group’s restructuring moves ahead with overseas creditor agreement
The regional developer is leveraging its luxury residential project in Hong Kong to stay afloat as it works to resolve its $4.66 billion in defaulted overseas debt Key Takeaways: KWG…
Its financial house back on stabler ground, CIFI Holdings isn’t out of the woods yet
The developer’s new offshore debt restructuring eases its most urgent default risk, but it must still restore its cash flow and repair its operations Key Takeaways: CIFI Holdings concluded an…
From friends to foes: Agile faces mounting troubles from former partner
A former partner has requested Agile’s liquidation over an outstanding debt that isn't substantial, but could still trigger a chain reaction Key Takeaways: Agile Group is facing a liquidation petition…
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