Shimao Group Holdings Limited
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Sai Tan Hui
- Full Time Employees
- 41,481
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Address
- Lippo Centre Hong Kong Hong Kong
- IPO Date
- May 29, 2014
- CIK
- 0001555379
- Website
- shimaogroup.hk
- Similar Companies
- Business
- Shimao Group Holdings Limited (SEHK: 813; OTC: SIOPF) is a diversified real estate developer focused on property development, investment, hotel operations, and related services principally in the People's Republic of China. The company develops and markets high-rise residential buildings, low-rise apartments, villas, office buildings, commercial facilities including shopping malls and department stores, cinemas, and large-scale integrated projects; it invests in and manages properties, operates hotels such as Le Royal Méridien Shanghai, Hyatt on the Bund Shanghai, and others totaling over 2,600 guest rooms, and engages in property management, construction materials trading, and management services through subsidiaries including Shimao Services Holdings Limited (SEHK: 873). Operations span key cities along China's eastern seaboard, including Shanghai, Nanjing, Suzhou, Hangzhou, Ningbo, Xiamen, Fuzhou, and others in the Yangtze River Delta, Bohai Rim, southern China, and central-western regions, targeting residential buyers, commercial tenants, and institutional investors. Founded in 2001 by entrepreneur Hui Wing Mau and listed on the Hong Kong Stock Exchange in 2006, Shimao Group Holdings is headquartered at 38th Floor, Tower 1, Lippo Centre, 89 Queensway, Hong Kong, with significant operations centered in Shanghai. The company, formerly known as Shimao Property Holdings Limited, maintains a subsidiary relationship with Shimao Services Holdings, a leading provider of integrated property management and community life services covering over 250 million square meters under management across more than 120 cities as of recent data. It is controlled by Gemfair Investments Limited. Recent developments include the completion in April 2025 of a landmark US$11.5 billion offshore debt restructuring via a Hong Kong court-sanctioned scheme of arrangement, supported by 98.75% of scheme creditors and advised by Appleby, addressing obligations amid the Chinese property sector crisis. In November 2025, Shimao Services entered new continuing connected transaction agreements with Shimao Group Holdings, effective through December 2028, covering leasing, carpark sales agency, and operational services to bolster collaboration and market positioning. The company has pursued asset disposals for nearly 40 projects valued over US$12 billion to enhance liquidity, reported rising contracted sales aided by Beijing's property stimulus measures in 2024, and faced ongoing creditor actions including liquidation petitions in 2024-2025 over specific loan defaults.
Short Interest in Shimao Group Holdings Limited (OTCMKTS:SIOPF) Declines By 28.4%
Shimao Group latest Chinese developer to face liquidation event
Shimao Group latest Chinese developer to face liquidation event
Shimao Shares Fall After China Bank Files Liquidation Petition
China's Shimao faces liquidation suit over failure to pay $202 million loan
Exclusive: Deutsche Bank to file liquidation suit against Chinese developer Shimao, sources say
China developer Shimao looks to repay $11.8 billion debt over 3-8 years -sources
Chinese property developer Shimao misses payment on bond
Chinese property developer Shimao misses repayment on $1 billion bond
Chinese developer Shimao-guaranteed $174 million notes due March may not be redeemed - trustee
Chinese developer Shimao slips on loan payment delay plans, asset freeze reports
Chinese developer Shimao shares rise nearly 5% after more asset disposals
China's Shimao sells Shanghai hotel for $708 million to state-owned firm
Cash-strapped Chinese developer Shimao sells stake in asset to state-owned partner
Chinese developer Shimao to hold creditor meetings to vote on ABS payment extension - documents
Delinquent Shimao, Kaisa units named and shamed as defaults rise
Shimao pushes back on media reports, says it's in talks for property sales to help resolve debt crisis
China's Shimao says it has no deal to sell Shanghai plaza, shares slump
China's Shimao Group in talks with buyers, may consider sale of some properties
Developer Shimao's fire sale, new rating cuts keep China property on edge