Bank of New York Mellon sues to liquidate Sino Ocean for US$400 million debt and interest

Sino-Ocean is joining a growing list of Chinese property developers facing liquidation lawsuits, after a nationwide deleveraging campaign begun in late 2020, sending home sales plunging and causing severe liquidity issues for these home builders.

Bank of New York Mellon sues to liquidate Sino Ocean for US$400 million debt and interest

Bank of New York Mellon sues to liquidate Sino Ocean for US$400 million debt and interest

Bank of New York Mellon sues to liquidate Sino Ocean for US$400 million debt and interest

Bank of New York Mellon sues to liquidate Sino Ocean for US$400 million debt and interest
Bank of New York Mellon sues to liquidate Sino Ocean for US$400 million debt and interest
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