Australian Mercantile Collections

Deadbeat Developer Debt Collection Enters New Phase With Shimao Liquidation

Deadbeat Developer Debt Collection Enters New Phase With Shimao Liquidation


Discover the power of “triple-threat stocks” today!

Legendary investor, Tim Melvin, unearths unlooked “triple-threat stocks” in his Yield Report. Want a shot at handsome opportunities in both a bear and bull market? See if you qualify for the Yield Report. Access for only $0.99 here right NOW!


Key Takeaways:

  • A unit of China Construction Bank has asked a court to liquidate Shimao Group, which had a net debt ratio of 473.2% at the end of last year
  • CCB Asia has taken legal action against…

View the full article to continue reading…