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
