Hsin Chong defaults on $150m bonds

Hong Kong-listed construction company Hsin Chong Group Holdings has defaulted on both of its US dollar bonds totalling $450 million.
Hsin Chong has been involved in many building and infrastructure projects in Hong Kong.
Hsin Chong has been involved in many building and infrastructure projects in Hong Kong.

Leading Hong Kong-listed construction company Hsin Chong Group Holdings has now defaulted on its two US dollar bonds totalling $450 million.

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