China developer Kaisa tells court creditors will get less than 5% back if liquidated
HONG KONG (Reuters) – Struggling Chinese property developer Kaisa Group said creditors would get less than 5% of their money back if it is forced …
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Moody’s withdraws ratings of China’s Evergrande and Kaisa
(Reuters) – Moody’s on Tuesday said it withdrew the ratings of property developers China Evergrande Group and Kaisa Group because of insufficient information. Moody’s said …
China’s cash-strapped Kaisa in strategic pact with state firms
HONG KONG – Cash-strapped Kaisa Group entered into a strategic co-operation agreement with state-owned China Merchants Shekou Industrial Zone Holdings and China Great Wall Asset …