asset sale Tag

06 Mar Chinese conglomerate Fosun’s tourism unit says it is ‘financially sound’ amid reports of Atlantis Sanya stake sale

Posted at 12:16h in Asia

Fosun Tourism Group, the leisure and tourism unit of Chinese conglomerate Fosun International, said on Wednesday that it is “financially sound”, amid reports that its parent firm is mulling the sale of a stake in the luxury Atlantis Sanya resort to cope with debt.Fosun International...

23 Jan China property: Country Garden auctioning US$530 million worth of assets in Guangzhou to overcome cash crunch, defaults

Posted at 05:43h in Asia

Embattled mainland Chinese developer Country Garden Holdings has put a chunk of assets on the block in Guangzhou in a bid to repay sizeable debt due within the next six months.The move comes on the heels of an agreement struck last week by the...

asset sale Tag

06 Mar Chinese conglomerate Fosun’s tourism unit says it is ‘financially sound’ amid reports of Atlantis Sanya stake sale

23 Jan China property: Country Garden auctioning US$530 million worth of assets in Guangzhou to overcome cash crunch, defaults

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