Glorious Shares Drop Most Since August After Net Loss Widens

  • Firm's $400 million of 2018 bonds decline most since March 31
  • Developer's net loss widened to 3.88 billion yuan in 2015

Shares of Glorious Property Holdings Ltd., the Chinese developer controlled by tycoon Zhang Zhi Rong, dropped the most in more than seven months after the company reported widening annual losses on Friday.

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