Hong Kong high court pulls winding-up petition against Shimao

Reuters

2025/02/25

Feb 25 (Reuters) - The Hong Kong High Court has ordered the withdrawal of the winding-up petition against Chinese property company Shimao Group 0813.HK filed by CPYM Link Investment over a cross-border loan guarantee in January, Shimao said on Tuesday. ($1 = 7.2631 Chinese yuan renminbi)

(Reporting by Adwitiya Srivastava in Bengaluru; Editing by Savio D'Souza)

((Adwitiya.Srivastava@thomsonreuters.com;))

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