SHIMAO GROUP (00813) has received a winding-up petition.
Shimao Group (00813) announced that the Guotong Trust Co., Ltd. (the petitioner) filed a winding-up petition against the company with the High Court of the Hong Kong Special Administrative Region on August 27, 2026. This petition involves judgment debts arising from four judgments made by courts in mainland China, with a total amount of RMB 2.498 billion.
SHIMAO GROUP (00813) announced that China Communications Trust Co., Ltd. (the petitioner) has filed a liquidation petition against the company to the High Court of the Hong Kong Special Administrative Region on August 27, 2026. This petition involves judgment debts arising from four judgments made by mainland Chinese courts, with a total amount of RMB 2.498 billion.
The High Court has scheduled the first hearing date for this petition on November 11, 2026.
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