🚨 SHIMAO HOTEL SALE LEAVES HK$1.8 BILLION SHORTFALL The sale of two Shimao Group hotels in Hong Kong leaves an estimated HK$1.8 billion shortfall against their secured loans. Una Ge, a managing director at AlixPartners, said all shortlisted parties improved their offers in the final stages of the sale. Source: South China Morning Post #HongKong #Shimao #2hotels #debtworkouts
