Fantasia Holdings Group Company Limited 花样年控股集团有限公司 | |
Type: | Listed company |
Foundation: | 1996 |
Location City: | Shenzhen, Guangdong |
Location Country: | People's Republic of China |
Key People: | Founder and Executive Director: Miss Zeng Jie Chairman: Mr. Pun Jun |
Area Served: | People's Republic of China |
Industry: | Property development |
Homepage: | Fantasia Holdings Group Company Limited |
Fantasia Holdings Group Company Limited (HKEX:) is a leading property developer in China. It operates in five segments: property development, property investment, property operation services, property agency services and hotel services. Its other operations include provision of tourism and entertainment services, and interior design services.[1]
The Group first commenced its property development business in Shenzhen in 1996, which was established by Miss Zeng Jie, the niece of China's former vice-president, Zeng Qinghong.[2] In 2009, its shares were listed on the Hong Kong Stock Exchange with IPO price of HK$2.2 per share.[3] [4] [5]
On 5 October 2021, Fantasia Holdings missed a payment on a USD$206 million bond that had matured the day before, triggering a default. Just weeks prior, the developer had assured investors it had "no liquidity issue". This resulted in fears of contagion from the Evergrande liquidity crisis.[6]