Struggling Shimao looks on as creditors move in on its trophy Hong Kong hotel 东涌酒店传被接管 世茂前景不容乐观
Its onshore and offshore bonds now restructured, the developer must still navigate its massive bank debt, likely requiring more asset liquidations 已经为境外及境内债进行债务重组的世茂，仍要为巨额的银行债务筹谋，料需不断出售资产抵债。
Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.