China's Shimao Group receives winding up petition

Reuters

01/10

Jan 10 (Reuters) - China's Shimao Group 0813.HK said on Friday that a winding up petition was filed against it by CPYM Link Investment Limited in the Hong Kong high court regarding a 258 million yuan ($35.19 million) cross-border loan guarantee provided by the property developer.

($1 = 7.3326 Chinese yuan renminbi)

(Reporting by Sherin Sunny in Bengaluru; Editing by Pooja Desai)

((Sherin.Sunny@thomsonreuters.com;))

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