Fantasia Holdings Group Company Limited
花样年控股集团有限公司
TypeListed company
IndustryProperty development
Founded1996
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
WebsiteFantasia Holdings Group Company Limited

Fantasia Holdings Group Company Limited (SEHK1777) 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]

History

The Group first commenced its property development business in Shenzhen in 1996, which was established by Miss Zeng Jie, the niece of the 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]

See also

References

  1. ^ Fantasia Holdings Group
  2. ^ Fantasia raises HK$3.18b on big subscription
  3. ^ "Fantasia (HKG:1777) to price IPO at $1.75–2.2/share". Archived from the original on 25 July 2011. Retrieved 29 April 2010.
  4. ^ Fantasia Schedules Debut
  5. ^ Cho thuê căn hộ Topaz Elite
  6. ^ Lockett, Hudson; Hale, Thomas (5 October 2021). "China property sector woes deepen as midsize developer defaults". Financial Times. Retrieved 5 October 2021.