Fantasia Holdings Group chairman Pan Jun photographed at the Four Seasons Hotel in Central in 2016. Photo: Nora Tam
Fantasia Holdings Group chairman Pan Jun photographed at the Four Seasons Hotel in Central in 2016. Photo: Nora Tam

Fantasia downgraded to default status by rating companies as Chinese property sector crisis worsens

  • Missed debt payment by Fantasia this week adds to China property sector concerns spawned by Evergrande’s liquidity crisis
  • S&P, Fitch and Moody’s all cut Fantasia to default or near default status

Topic |   Banking & finance
Fantasia Holdings Group chairman Pan Jun photographed at the Four Seasons Hotel in Central in 2016. Photo: Nora Tam
Fantasia Holdings Group chairman Pan Jun photographed at the Four Seasons Hotel in Central in 2016. Photo: Nora Tam
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