KAISA GROUP Aktie

 

KAISA GROUP (01638.HK)'s offshore restructuring plan has been approved by the Hong Kong court, which has cleared the way for the company's debt restructuring efforts, Bloomberg reported, citing sources.During the hearing last Friday (21st), Hong Kong High Court JudgeLinda Chan did not make a ruling on KAISA GROUP's r......

Defaulted Chinese developer Kaisa Group Holdings Ltd. won a Hong Kong court's approval for its offshore restructuring, according to people familiar with the matter, clearing the way for it to proceed with its debt plan....

KAISA GROUP (01638.HK) announced that at the Kaisa Hong Kong Convening Hearing held yesterday (19th), the High Court granted an order for the Company and Rui Jing to convene meetings of the Kaisa Scheme Creditors and Rui Jing Scheme Creditors. The substantive hearing of the petition at which the High Court will determine whether......

KAISA GROUP (01638.HK) is seeking to sell its Hong Kong headquarters office on 30/F of The Center in Central, while pursuing more than $500 million in funding, Chinese media quoted people familiar with the matter as saying. KAISA GROUP had pledged the above property to "Kingston Finance Ltd." last year to seize a loan,......

Chinese developers continued to be on a tear today (27th). SUNAC (01918.HK) opened nearly 6% higher and extended its gains to peak at $1.75, up 15.59%. It last printed at $1.68, up 11.26%, on a volume of 444 million shares and a turnover of $743 million. KAISA GROUP (01638.HK) once rocketed 69%, reaching a peak of $0.22. It last......

The developer’s weak report card is likely to resemble those of most mainland Chinese developers, which are expected to extend a losing streak dating to 2020....

KAISA GROUP (01638.HK) issued a profit warning, expecting to record a net loss in the range of RMB8.8 billion to RMB9.8 billion for 1H24, an increase compared to the net loss of RMB6.6 billion in 1H23, mainly due to a decrease in recognised revenue from a reduction in the delivery of properties, as well as an increase in the imp......

Chinese property developer Kaisa Group Holdings said it has made significant progress in restructuring its offshore liabilities, enabling the beleaguered company to offer billions of dollars in new debt and convertible bonds....

China's Kaisa Group liquidation hearing adjourned by Hong Kong court...

Troubles at Kaisa Group and Times China, which defaulted on US$15 billion of offshore debts, are in the spotlight again as the city’s High Court deliberates on hostile lawsuits from creditors....

A Hong Kong court adjourned the hearing of a winding-up petition for KAISA GROUP (01638.HK) to 12 August, giving the Company more time to work on its debt restructuring plan, according to foreign media.KAISA GROUP last cratered 5.84% to $0.129, with 200,000 shares traded, involving $26,000.~AAStocks Financial NewsWeb Site: www.a......

China's Kaisa Group liquidation petition adjourned by Hong Kong court...

Kaisa Group Holdings Ltd. Chairman Kwok Ying Shing has returned to the Chinese mainland after a nearly decade-long absence to personally oversee the defaulted developer's project deliveries and debt restructuring, people familiar with the matter told Caixin. ... Read more...