Chuang's China Announces Kaisa Notes Exchange as Part of Restructuring Efforts
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Chuang’s China Investments Ltd. has announced a voluntary joint initiative regarding the Kaisa Notes Exchange as part of Kaisa's restructuring efforts. The company, listed on the Hong Kong Stock Exchange and primarily engaged in property development, hotel management, and securities trading, is an indirect subsidiary of Chuang’s Consortium Group, which holds approximately 61.15% of it. The announcement was made without the involvement of the Hong Kong Exchange and Clearing Limited.
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