SIOLF News and Press, Sino-Ocean Land Holdings Ltd

2023-11-23 04:17:55 ET China may allow banks to provide unsecured short-term working capital loans to eligible real estate developers, Bloomberg reported citing people familiar with the matter, as part of Beijing's efforts to relieve the property crisis. The working capital loans&#...

2023-09-26 01:38:00 ET Summary The heavily-indebted developer is betting its life on future property sales after halting repayment of its offshore debt. Sino-Ocean Group’s interim loss this year ballooned to nearly 18.4 billion yuan, a 16-fold increase from a year earlier. ...