A China Aoyuan Group construction site in Hong Kong. Photo: Reuters
A China Aoyuan Group construction site in Hong Kong. Photo: Reuters

Chinese developer Aoyuan slides to almost six-year low after being summoned by Hong Kong court for subsidiary’s US$131 million debt guarantee

  • Shares of the developer slumped by 9.7 per cent in Hong Kong
  • Matter will not have a material impact on business operations and financial conditions, firm says

Topic |   China property
A China Aoyuan Group construction site in Hong Kong. Photo: Reuters
A China Aoyuan Group construction site in Hong Kong. Photo: Reuters
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