Aoyuan gets relief from debt restructure, as its fate stays tied to property market 奥园重组曙光初现,成败还看内地楼市
Several courts have approved the struggling developer’s offshore debt restructuring plan, which will save Aoyuan billions of dollars in interest payments. 负债累累的奥园,获法院批准重组计划,公司暂得以喘息下来。
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.