Clare Jim
Stories by Clare Jim
New World Development set to log $875m H1 loss amid debt crisis
New World has undergone two CEO changes in two months.
HK’s New World Development shares surge by a fifth after CEO resigns
Eric Ma would be promoted to chief executive from chief operating officer, replacing Adrian Cheng.
HK’s New World Development suspends trading as CEO to be replaced
CEO and Executive Vice Chairman Cheng is set to become non-executive vice chairman.
Shares in Hong Kong’s New World Development plunge after loss estimate
The company expected core operating profit from continuing operations to fall 23%.
China Evergrande subsidiary dealings raises hopes for offshore creditors
Those creditors became de facto shareholders of Evergrande's onshore assets due to a January liquidation order in Hong Kong.
Hong Kong’s CK Hutchison reviews options for European telco assets: report
CK Hutchison has discussed a potential spin-off with a view to IPO its European telecoms assets.
Guangzhou R&F Properties receives winding-up petition from Temasek-linked fund
Cash-strapped R&F is the latest Chinese property developer facing a liquidation suit filed by creditors.
China’s affordable housing push unlikely to bring cheer to cash-strapped developers
Waves of support measures over the past two years have failed to revive the sector.
Evergrande liquidators say firm, SJ and Tianji withdraw Chapter 15 applications in US
The liquidators said they will file new applications under Chapter 15 of Title 11 of the U.S. bankruptcy code, if necessary and appropriate.
Deutsche Bank to file liquidation suit against Chinese developer Shimao
A liquidation petition has also been filed against Country Garden by another Hong Kong-listed company
