Chinese Developer Fantasia's Troubles Mount After Directors Quit

Fantasia Holdings Group Co.’s woes mounted after two directors quit the troubled Chinese developer, leaving it in breach of Hong Kong listing rules.

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Debt-stricken Fantasia becomes first Chinese developer to face a wind-up petition, possible liquidation

Chinese developer Fantasia might face liquidation after wind-up petition in Cayman Islands over outstanding loan of US$149 million