Hong Kong’s debt-laden developers and their creditors are set to face intensifying financial pressure as bond maturities are slated to jump by nearly 70 per cent next year amid falling sales and valuations for the city’s economically crucial property sector.
Road King (1098.HK) last week became the first city-based developer to default on bond coupons since China’s property debt crisis began in 2021, following the first loan default by listed
