Aoyuan gets relief from debt restructure, as its fate stays tied to property market 奧園重組曙光初現,成敗還看內地樓市
Several courts have approved the struggling developer’s offshore debt restructuring plan, which will save Aoyuan billions of dollars in interest payments. 負債累累的奧園,獲法院批準重組計劃,公司暫得以喘息下來。
Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.