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Sino-Ocean Group

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2024

    Bond default and winding-up petition

    In January 2024, '21 Sino-Ocean Holdings PPN001' was not paid in full, constituting a substantive default; about RMB 18.266 billion of 10 onshore bonds were collectively extended; in June it received a winding-up petition due to unpaid offshore debt; in February 2025, restructuring of about USD 5.636 billion in offshore debt was approved by English and Hong Kong courts. Extension and debt restructuring.

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