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Kaisa Group Holdings Ltd. (1638.HK)
| Previous close | 0.105 |
| Open | 0.101 |
| Bid | 0.106 x 0 |
| Ask | 0.108 x 0 |
| Day's range | 0.101 - 0.108 |
| 52-week range | 0.072 - 0.370 |
| Volume | |
| Avg. volume | 2,132,356 |
| Market cap | 750.655M |
| Beta (5Y monthly) | 0.65 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 29 Nov 2021 |
| 1y target est | N/A |
- Reuters
Chinese property developer Kaisa's liquidation hearing adjourned to May 27
A Hong Kong court adjourned a hearing to liquidate Kaisa Group to May 27, as the embattled Chinese property developer said it aims to iron out restructuring terms in the coming four weeks. Shenzhen-based Kaisa has been working on an offshore debt restructuring for two years after defaulting on its $12 billion of offshore debt in late 2021. Kaisa's lawyer told the court on Monday that progress had been made on the restructuring negotiations with the ad hoc group of bondholders, and that it will try to sign an agreement in the next four weeks.
- Reuters
Bond trustee becomes new petitioner to liquidate China developer Kaisa
A Hong Kong court adjourned a hearing to liquidate Chinese property developer Kaisa Group to April 29 after a bond trustee, instructed by a major group of dollar bondholders, replaced the original petitioner. The latest development came after Broad Peak Investment, which filed the winding-up petition in July in relation to non-payment of onshore bonds worth 170 million yuan ($24 million), sought to withdraw from the case as it has sold the debt holdings earlier this year. Shenzhen-based Kaisa has been working on a debt restructuring for two years after defaulting its $12 billion of offshore debt in late 2021.
- Reuters
China property developer Kaisa faces Hong Kong lawsuit seeking to wind it up
Chinese property developer Kaisa Group said on Monday a winding-up petition has been filed against it in a Hong Kong court in relation to 170 million yuan ($23.50 million) non-payments on onshore bonds. Many property firms have defaulted and are undergoing debt restructuring. Kaisa said the petition was filed by Broad Peak Investment Pte Advisers Ltd at the Hong Kong High Court on July 6, and the issuer of the yuan bonds is its wholly-owned subsidiary, Kaisa Group (Shenzhen) Co Ltd.
