Stock market: Hong Kong at -0.11% at the start, Country Garden at -5.56% - Breaking news. The Hang Seng index initially lost 0.11%, to 16,772.95 points.
China's largest private real estate developer said it is facing a creditor's liquidation claim over the failure to repay a loan worth HK$1.6 billion (about US$205 million) The group, already indefault, has total debts of over 200 billion dollars.