Shanghai Huaxin Group (HongKong) Ltd ordered wound up
HK Court of First Instance, 3-Sep-2018
Also known as Huaxin Hong Kong, this is a 100% subsidiary of CEFC Shanghai International Group Ltd (Huaxin Shanghai), which has defaulted on its bonds. Huarong Int Fin (0993) subscribed HK$900m for preferred shares of Huaxin HK in Jun-2017, and received guarantees and put options from Huaxin Shanghai, on which it has also defaulted.

• Orgs
  • Au-Yeung, Cheng, Ho & Tin
  • China CEFC Energy Company Limited
  • CHINA CINDA (HK) ASSET MANAGEMENT CO., LIMITED
  • CHINA HUARONG INTERNATIONAL HOLDINGS LIMITED
  • Gain Sun Ventures Limited
  • Huarong International Financial Holdings Limited
  • PricewaterhouseCoopers (HK)
  • Shanghai CEFC International Group Limited
  • SHANGHAI HUAXIN GROUP (HONGKONG) LIMITED