ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
China debt crunch

Chinese property developer Fantasia fails to repay bond

S&P declares company in default amid worries about Evergrande

Fantasia Chairman Pan Jun, center, in 2012: Shares of the Shenzhen-based developer have been suspended from trade since Sept. 29.   © AP

HONG KONG -- Chinese property developer Fantasia Holdings Group has failed to repay a maturing bond and a loan in the latest sign of distress among the country's real estate companies.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more