China Oceanwide Holdings is a Beijing-based private developer with projects in Los Angeles, New York, San Francisco and Hawaii and more.
The company is to be wound up by a court in Bermuda.
Hong Kong-listed shares in the firm were suspended from Monday morning due to the court decision and “will remain suspended until further notice,” according to the filing to the city’s exchange.
- a winding-up petition was made against the company on Friday local time
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