SIOPF / Cash-strapped Chinese developer Shimao sells stake in asset to state-owned partner

HONG KONG (Reuters) -Cash-strapped Chinese developer Shimao Group has proposed a two-class restructuring plan to offshore creditors to repay $11.8 bil more_horizontal

Chinese property developer Shimao Group Holdings Ltd. narrowly avoided a domestic bond default just days after failing tor epay a $1 billion dolla more_horizontal

Shimao group , a Chinese property developer, missed its interest and principal payment on a US$1bn offshore bond due Sunday in the latest blow to Chin more_horizontal

Shimao Group Holdings Ltd., China's 14th-biggest developer by contracted sales last year, said it couldn't pay a $1 billion dollar note that mature more_horizontal

Chinese developer Shimao Group has missed the interest and principal payment of a US$1 billion offshore bond due on Sunday in the latest blow to China more_horizontal

Some 1.1 billion yuan ($174 million) of asset-back notes guaranteed by Shimao Group may not be redeemed on maturity next month, the trustee of the not more_horizontal

Some 1.1 billion yuan ($174 million) of asset-back notes guaranteed by Shimao Group may not be redeemed on maturity next month, the trustee of the not more_horizontal

Some 1.1 billion yuan ($174 million) of asset-back notes guaranteed by Shimao Group may not be redeemed on maturity next month, the trustee of the not more_horizontal