Hong Kong developer Road King defaults on bond payment, securities

scmp.com/business/article/3321821/hong-kong-developer-road-king-defaults-after-creditors-reject-debt-amendments

Road King Infrastructure suspended US$22.6 million in interest payments and will defer distributions of US$56.5 million on perpetual securities, making it the first Hong Kong-based developer to default on bond payments since China’s property crisis began in 2021.
The firm failed to win…

This story appeared on scmp.com, 2025-08-14 06:03:10.
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