Hong Kong's New World Development denies debt restructuring talks

Hong Kong's New World Development denies debt restructuring talks

FILE PHOTO: A man walks past the headquarters of New World Development at New World Tower, in Hong Kong, China September 27, 2024. REUTERS/Tyrone Siu/File Photo

Hong Kong property developer New World Development said on Monday it had not started any discussions with creditors regarding a proposal to restructure its existing debt.

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