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Trending News: Trump tariffs loom, China exports hit record high, international tradeThe debts of EY’s failed Project Everest are taking longer than expected to clearThis Artificial Intelligence (AI) Fintech could be one of the biggest IPOs in 2025Rohit Sharma and Virat Kohli facing contract termination due to absence from domestic cricket? BCCI official revealedNew Jersey mayor floats ‘reverse congestion pricing’ charges in response to New York City’s controversial chargesTSMC fourth-quarter profit seen jump 58% on strong AI chip demand By ReutersBCCI announces four host cities and start date for Women’s Premier League (WPL) 2025Today’s NYT Strands Hints, Answers and Help for Jan. 13, #316Asset managers are back on the defensive as equity prices riseWhy Trump Media Shares Soared 94.9% in 2024 and Are Rising in 2025FBI Director Christopher Wray reveals reasons for resignation1/12: CBS News for the weekend – CBS NewsColumn-Structural shifts or price movements? China’s product imports split: Russell By ReutersShreyas Iyer named captain of Kings XI Punjab in IPL 2025Briefing on MondayChina’s corporate profits are set for a third year of declineThe hard truth about Nvidia, the “Magnificent 7” and the marketsAA vs ND Dream11 Today’s Prediction Match 13 Dream11 Super Smash T20 2024-25Today’s NYT Mini Crossword Answers for Jan. 13Commander kicker fires game-winning field goal through uprights to defeat Buccaneers in wild-card roundMusk deals with European politicsUBS raises price target on strong earnings, earnings outlook By Investing.com90-hour work week debate: Anand Mahindra, Harsh Goenka and other titans of industry beg to differ with L&T chairmanRussia-Ukraine War: List of Key Events, Day 1,054 | Russia-Ukraine War NewsJapan 2025 outlook shows growth, rising wages, and changes in monetary policy – Barclays By Investing.comBerkshire Hathaway: Buy, Sell or Hold?Shakur Stevenson “Rat”? ! Tank Davis explodes on social mediaAll California wildfire looters allegedly came from “outside the city”China’s export growth accelerates amid trade risks, import surprise By ReutersAustralian CT lineup announced, Pat Cummins mystery yet to be solvedTrump ally Steve Bannon blasts Elon Musk as ‘truly evil’ amid MAGA split Politics NewsTencent, NetEase global hits signal a new era for Chinese gamingReducing the length of transport of truck loadsHospital trip leads to detention of Houston pimpChina’s vehicle exports will increase by 22.8% in 2024‘The boss just bought a Lamborghini’: Vijay Kedia on how your 90-hour work week can ‘help’Lennox “The Lion” Lewis vs. Larry “The Assassin of Easton” Holmes. Who’s winning?Jeff Bezos sees no threat from Musk’s ties to Trump in a competitive space raceForeign ministers of South Korea, Japan meet amid political turmoil in Seoul By ReutersThere is a safety valve for private home insurance in CaliforniaUNS vs MIT Dream11 Today Prediction Match 5 West Indies Jamaica T10 2025Best Home Security Cameras for Apple HomeKit and Siri in 2025The political storm about to burn down Capitol HillAdditional USD 29 million in tax credits for manufacturing expansion in Michigan By Investing.comChina’s imports unexpectedly increased in December, exports exceeded expectationsChina’s trade balance grew more than expected in December as exports surged By Investing.comJPMorgan Chase, UnitedHealth, TSMC, Goldman Sachs and more stocks to watch this weekThe moment an Olympic athlete saves a drowning woman with a kitesurfChina steps up policy measures to protect weak yuan By Reuters‘They couldn’t believe what we both achieved in two years’: Brother-sister founding duo slams Shark Tank India’s Vineeta Singh, leaving netizens angryCricket Australia announces 2025 Champions Trophy squad; Pat Cummins leads Pakistan squadBest Apple iPhone SE Cases for 2025British Starmer promotes planned technology that uses artificial intelligence to “enhance” living standardsIndia opens the largest Hindu festival in the world for 400 million pilgrimsChina’s Shimao plunges 15% after developer receives liquidation petition By ReutersA bond selloff is rocking the world. You might want to take the other side.Priscilla Presley honors late daughter Lisa Marie on second anniversary of her deathHUMA DEADLINE: ROSEN, TOP-RANKED INVESTOR COUNSEL, Urges Humacyte, Inc. Investors to Secure Counsel Before Important January 17 Securities Class Action DeadlineIndia sees 38% rise in M&A activity, domestic companies’ contribution doubles in CY24: Kotak Investment BankGood news is not always bad news for marketsThe number of victims of fires in California is increasing, strong winds threaten to spread the infernowill use interest rates and RRR to maintain sufficient liquidity By ReutersThe incredible growing stock marketCroatian president re-elected in landslide victoryZelensky ‘ready to hand over’ North Korean soldiers captured for Ukrainian POWs Russia-Ukraine war newsOil prices extend rally on new US sanctions on Russian exports By Investing.comIndia’s TCS expects a revival in retail and manufacturing after the banking recoveryCanelo and Crawford agree to fight in Las Vegas in SeptemberHow to watch Blue Origin’s inaugural New Glenn launchEagles beat Packers in wild-card round to advance to NFL playoffsJapan, Philippines, US promised to deepen cooperation, said Manila Ni ReutersMusk to provide Wi-Fi to wildfire affected areas via Starlink, CybertrucksToday’s NYT Wordle Hints, Answers and Help for January 13, #1304Biden’s policy towards Israel and Gaza provokes warnings, disagreements, resignationsStifel weighs in at By Investing.comIndia’s TCS expects a revival in retail and manufacturing after the banking recoveryMichael Cohen asks for pardon from President Biden: ‘I’m someone’s son too’ROSEN, A RENOWNED LAW FIRM, Urges Enphase Energy, Inc. Investors to Secure Advice Before Important Securities Class Action DeadlineSA asks: Is Honda too late to the EV party? (HMC:NYSE)Green Bay Packers 10-22 Philadelphia Eagles: Jordan Love throws three interceptions as Packers exit playoff | NFL NewsNorway on track to become first country to go all-electricStarmer sought to refocus attention on growth after taking a hit from the marketsThe big biotech fund is loaded with a value that rose in 2024 and a loser‘General Hospital’ star Leslie Charlesson dies at 79Nvidia CEO Jensen Huang praises Elon Musk for his AI development – ‘He’s doing exactly the right things’NFL 2025 Playoffs: Eagles and Bills head into divisional play LIVE!Syrians eye future without Russia, but Moscow still wants to stayBezos is optimistic about Trump’s space agenda, not worried about Musk’s influence By Reuters3 Great ETFs to Start Investing in 2025‘Smells desperation!’ Ryan Garcia fires back at Haney’s rematch demandFBI looking for drone operator who punched holes in firefighting aircraftBritain’s chemical industry is dying, says Jim RatcliffeBlackRock Gives New FDIC Deadline on Bank Holdings: ReportSnooker Masters 2025: Fixtures and Results, Fixtures, Prize MoneyBest Dog Toys, According to the Experts: Our DogsLos Angeles crews race to put out wildfires ahead of strong windsNetanyahu and Biden discuss ‘progress’ on Gaza ceasefire and hostage dealGoldman Sachs now expects two Fed rate cuts this year, down from three By Investing.com3 High-Yield Dividend Stocks Wall Street Thinks Will Grow 41% or More by 2025UK in-home healthcare provider Cera raises $150M to expand its AI platform
Mon. Jan 13th, 2025

China’s Shimao plunges 15% after developer receives liquidation petition By Reuters


HONG KONG (Reuters) – Shares in China’s Shimao Group fell 15% to HK$0.73 on Monday, their lowest since Sept. 26, after the property developer received a liquidation petition.

© Reuters. FILE PHOTO: The logo of property developer Shimao Group is seen in front of the Shimao International Plaza in Shanghai, China January 13, 2022. REUTERS/Aly Song/File Photo

Shimao said that on Friday CPYM Link Investment filed a liquidation petition against the company in Hong Kong’s high court regarding a 258 million yuan ($35.2 million) cross-border loan guarantee provided by property developer.

($1 = 7.3308 yuan)





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