https://www.scmp.com/business/article/3372067/how-shimaos-sale-2-hotels-reveals-growing-complexity-hong-kong-debt-workouts
Shimao sold two Hong Kong hotels for HK$2.7 billion. A HK$1.8 billion shortfall remains against secured loans. Final bids improved, showing evolving debt workout practices in Hong Kong.
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#hongkong #debt #restructuring #hotels
Shimao sold two Hong Kong hotels for HK$2.7 billion. A HK$1.8 billion shortfall remains against secured loans. Final bids improved, showing evolving debt workout practices in Hong Kong.
Image:
#hongkong #debt #restructuring #hotels
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