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From Wikipedia, the free encyclopedia
Fantasia Holdings Group Company Limited (SEHK: 1777) 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.[1]
Company type | Listed company |
---|---|
Industry | Property development |
Founded | 1996 |
Headquarters | Shenzhen, Guangdong , People's Republic of China |
Area served | People's Republic of China |
Key people | Founder and Executive Director: Miss Zeng Jie Chairman: Mr. Pun Jun |
Website | Fantasia Holdings Group Company Limited |
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.[2] In 2009, its shares were listed on the Hong Kong Stock Exchange with IPO price of HK$2.2 per share.[3][4] [5]
On 5 October 2021, Fantasia Holdings missed a payment on a USD$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.[6]
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