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Kaisa is the second-largest issuer of offshore bonds among Chinese developers.
This has given the chinese developer some respite to work on its debt restructuring plan.
Hearing on Kaisa Group's liquidation postponed to May 27.
Hong Kong court delays Kaisa Group's liquidation hearing.
A loss of about HK$770 million could result from the sale
After Evergrande, Chinese developer Kaisa Group faces default risk
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