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🌏 | Chinese real estate development Semo group, stock price plunge due to loan repayment default


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China real estate development Semo group, stock price plunge due to loan repayment default

 
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Zhongcheng Xinhua, a trust company, said on the 6th that Semo Group was unable to make payments of 6 million yuan ($ 4500 million) on time, resulting in a default (default).
 

[Hong Kong / Shanghai XNUMXth Reuters] – Repayment of loan received from trust company by Chinese real estate development company Shimao Group ... → Continue reading

 Reuters


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    $ 1 million

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