Fantasia Holdings Group Co., the property developer whose surprise bond default last month helped heighten market concerns about Chinese real estate, said some lenders were asking for loans to be repaid early.
The company’s stock, which resumed trading after being halted since late September, plunged 45% in morning trading Wednesday in Hong Kong to 31 Hong Kong cents a share, the equivalent of about 4 U.S. cents. That put the stock on course for its lowest close in its 12-year history, according to FactSet.
