HK Hotel Firm Hit by Evergrande Loss Struggles to Refinance Loan

HK Hotel Firm Hit by Evergrande Loss Struggles to Refinance Loan

A Hong Kong hotel operator which suffered millions of dollars of losses on its investment in China Evergrande’s bonds is facing difficulty refinancing a HK$1.36 billion ($174 million) loan due next week, according to people familiar with the matter.

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