Hong Kong-listed Fantasia Holdings said Monday that it failed to make a principal payment on an offshore bond that came due on the same day, adding uncertainty to a Chinese property sector already rocked by the financial crisis at fellow… Read More>>
Developer Fantasia Adjusts Sales Target as Profits Fall 68 Percent
Hong Kong-listed Fantasia Holdings became the first mainland developer to cut its sales target this year after it announced late last week that it had suffered a 68 percent fall in profits during the first half of 2014.
The Shenzhen-based… Read More>>