Hong Kong court adjourns Chinese developer Shimao's liquidation petition By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 08 2024
0mins
Source: Investing.com
- Court Proceedings: A Hong Kong court has postponed a winding up petition against Shimao Group to December 16.
- Restructuring Efforts: The delay provides Shimao Group additional time to collaborate with creditors on a new restructuring plan.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
