Latest News for: Shanghai land trust

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Buttressing Greenland - a bailout in China's distressed property sector

Reuters 16 Mar 2022
Shanghai Municipal Investment Group, Bank of Shanghai (601229.SS), Shanghai Land (Group) Co and Lujiazui International Trust Co were among the SOEs, said two of the four sources ... The Thomson Reuters Trust Principles.
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Buttressing Greenland – a bailout in China’s distressed property sector

FX Empire 15 Mar 2022
SHANGHAI/HONG KONG (Reuters) – ... Shanghai Municipal Investment Group, Bank of Shanghai, Shanghai Land (Group) Co and Lujiazui International Trust Co were among the SOEs, said two of the four sources.
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Chinese state-owned property firms step in to rescue cash-strapped developers

Metro USA 25 Jan 2022
Shimao, which has defaulted on a trust loan and extended asset-backed securities payments this month, sold a commercial land in Shanghai last week to a company owned by the Shanghai municipal government for 1.1 billion yuan.
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