Hong-Kong listed developer needs to restructure more than £150bn of debt
Chinese investor seeks buyer for 1,000-home site
More than half of China’s former top 50 developers have gone into default
Default is likely for the developer, which has $200bn in liabilities
The debt-ridden developer has said it will not meet all its offshore payment obligations
Country Garden’s $100bn Forest City project is at risk
Shares up by 19% after debt due date delayed
China’s largest developer is edging closer to defaulting on its $200bn debts
The Chinese developer has asked for a grace period for a $535m bond due next week
Hong Kong-headquartered business Prime Pacific has big plans for the UK