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Chinese builder Redsun Properties faces winding-up threat in Hong Kong as debt crisis goes from bad to worse


The debt crisis at Redsun Properties is going from bad to worse as it has missed payments on several offshore bonds since mid-2022 as China’s housing market struggles to overcome a three-year slump.

Source : South China Morning Post
Read more…Chinese builder Redsun Properties faces winding-up threat in Hong Kong as debt crisis goes from bad to worse

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