In this article

Shanghai Huaxin Group (HongKong) Ltd ordered wound up

HK Court of First Instance, 3-Sep-2018

Also known as Huaxin Hong Kong, this is a 100% subsidiary of CEFC Shanghai International Group Ltd (Huaxin Shanghai), which has defaulted on its bonds. Huarong Int Fin (0993) subscribed HK$900m for preferred shares of Huaxin HK in Jun-2017, and received guarantees and put options from Huaxin Shanghai, on which it has also defaulted.

Organisations


Sign up for our free newsletter

Recommend Webb-site to a friend

Copyright & disclaimer, Privacy policy

Back to top