https://www.bloomberg.com/news/articles/2023-07-05/chinese-developer-s-1-8-billion-distressed-asset-finds-no-buyer
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7/5/23 at 2:44am
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Bloomberg
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A $1.8 billion project by defaulted Chinese developer Shimao Group Holdings Ltd. failed to find a buyer at a forced auction, underscoring the lack of investment appetite amid a weakening economy.
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