S&P reviews developers

PUBLISHED : Thursday, 28 March, 2002, 12:00am
UPDATED : Thursday, 28 March, 2002, 12:00am
 

Standard & Poor's is reviewing the credit risks facing Hong Kong property companies. John Bailey, a director of the agency's corporate and infrastructure group, said most developers had incurred significant write-downs. Standard & Poor's expects to complete its review by May.


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