On May 20, Redsun Properties Group Limited (Redsun Properties Group Limited, “Hongyang Real Estate”, 01996.HK) issued an announcement relating to REDSUN 7.3 05/21/24 (ISIN: XS2328508846/232850884).
弘阳地产(01996.HK)：预计将无法支付REDSUN 7.3 05/21/24应付本金及利息，将触发违约事件
Hongyang Real Estate (01996.HK): It is expected that it will not be able to pay the principal amount and interest payable on REDSUN 7.3 05/21/24, which will trigger a default event
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