News for Shanghai Shimao Co., Ltd. (600823.SS)

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Chinese developer Shimao puts all property projects on sale - Caixin

SHANGHAI — Shimao Group Holdings has put on sale all of its real estate projects, including both residential and commercial properties, as the cash-strapped…

Shimao Group Shares Tumble Over Unit’s Loan Default

SHANGHAI — Bonds sold by subsidiaries of Shimao Group Holdings rose broadly in Shanghai on Friday after a report the Chinese developer plans to repay publicly…

At the close, the Shanghai Composite index was down 0.53 per cent at 3,661.53.

Shimao Shares Tumble After Deal Fuels Governance Concerns

Most emerging market stocks and currencies moved little on Wednesday as investors awaited U.S. inflation data, while assets linked to China’s property sector…

SHANGHAI — Worries over possible spiraling effects of a debt crisis at developer China Evergrande Group drove Chinese high-yield spreads to record highs on…