Wed 08/09/2023 20:13 PM
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UPDATE 9: 8:13 p.m. ET 8/9/2023: Two secured lenders of Yuzhou Group’s joint venture Chengdu project have released a statement opposing Zhou Ying Investments Group Co. Ltd.’s application to put apartment units of the project on judicial auction, according to a source with knowledge of the matter and a copy of the statement (Chinese) seen by Reorg.

According to the statement, dated July 31 and signed by the secured lenders Chinex Ltd. and Happy Lion Ventures Ltd. - both affiliates of CK Asset...
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