Chinese language developer Fantasia cannot pay its money owed. That is stoking actual property fears

Chinese language developer Fantasia cannot pay its money owed. That is stoking actual property fears

[ad_1] Fantasia Holdings, a Shenzhen-based developer, missed repaying $206 million price of bonds that matured Monday, the corporate stated in a stock exchange filing. It’s now assessing “the potential impression on the monetary situation and money place of the group,” it added. Individually, the property administration unit of Nation Backyard, China’s second largest developer by … Read more