Hong Kong Builder Parkview Seeks Loan Extension as Talks Drag On

Parkview Green, locally known as Fangcaodi, in Beijing.Source: CFOTO/Future Publishing/Getty Images

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By Apple Ka Ying Li, Kari Soo Lindberg, and Janice Huang

August 12, 2025 at 4:23 AM UTC

Hong Kong developer Parkview Group Ltd. is seeking a three-month extension on a $940 million loan due Friday, in a bid to get more time to negotiate a refinancing deal with banks, according to people familiar with the situation.

The loan, backed by the Parkview Green complex in Beijing’s Chaoyang district, is set to mature on Aug. 15, the people said, asking not to be identified discussing private matters.