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1638 — Kaisa group News Story

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China's Kaisa Group liquidation hearing adjourned by Hong Kong court

HONG KONG, Aug 12 (Reuters) - A Hong Kong court on
Monday adjourned a hearing into a petition seeking liquidation
of Kaisa Group  1638.HK  until Sept. 9, giving the embattled
Chinese developer more time to reach agreement with some
bondholders on its debt restructuring plan.    

 (Reporting by Clare Jim and Xie Yu in Hong Kong; Editing by
Christian Schmollinger)
 ((Scott.Murdoch@thomsonreuters.com;))

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