- Business
- Fantasia Holdings Group Co., Limited (1777.HK) is an investment holding company principally engaged in property development, property investment, property operation services, hotel operations, property agency services, and other related businesses in the People's Republic of China. The company develops and sells urban complexes and residences; leases investment properties; provides property management, value-added community services including community financial services, finance leasing, and wealth management; offers hotel accommodation and project management services; and delivers engineering, interior design, tourism, entertainment, and community O2O platform services across segments such as community culture and tourism, commercial management, aged care, and education. Founded in 1996 and headquartered in Shenzhen, Guangdong, Fantasia operates primarily in domestic markets including the Pearl River Delta, Yangtze River Delta, Chengdu-Chongqing Economic Zone, and Beijing-Tianjin region, with international branches in Hong Kong, Taipei, Singapore, and Tokyo, and investments in Singapore, the United States, and Taiwan; it functions as a subsidiary of Fantasy Pearl International Limited. In recent developments, the company entered into a restructuring support agreement in 2025 with an ad hoc group of noteholders representing over 34.9% of outstanding senior notes to restructure USD4.018 billion in existing senior notes and up to USD900 million in additional debt instruments, following prior proposals deemed unfeasible amid deleveraging needs and market conditions; it also pursued framework cooperation agreements, such as with Blue Green Shuangcheng Technology Group Co., Ltd. in 2023, and continued offshore debt restructuring updates through 2024-2025 while optimizing debt structures, securing financing, and advancing project deliveries. As of late 2024, Fantasia reported total liabilities of 84.2 billion yuan and employed approximately 18,000 staff, focusing on intelligent community development and business innovation amid China's property sector challenges.