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Fantasia Holdings

Fantasia Holdings Group Company Limited () is a leading property developer in China. It operates in five segments: property development, property investment, property operation services, property agency services and hotel services. Its other operations include provision of tourism and entertainment services, and interior design services.

History

The Group first commenced its property development business in Shenzhen in 1996, which was established by Miss Zeng Jie, the niece of China's former vice-president, Zeng Qinghong. In 2009, its shares were listed on the Hong Kong Stock Exchange with IPO price of HK$2.2 per share.

On 5 October 2021, Fantasia Holdings missed a payment on a US$206 million bond that had matured the day before, triggering a default. Just weeks prior, the developer had assured investors it had "no liquidity issue". This resulted in fears of contagion from the Evergrande liquidity crisis.

See also

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External links