Deadbeat developer debt collection enters new phase with Shimao liquidation 世茂遭建行入稟清盤 中資行開展房企追債潮
China Construction Bank’s request to liquidate Shimao shows that state-owned banks are starting to take legal action to recover their money from the debt-ridden industry 中國房地產開發商世茂遭國有銀行入稟清盤。國有銀行對本國房企采取法律行動，或許意味著這波房地產調整期已進入新階段。
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.