Fantasia Holdings Group Co Ltd (FT7)

Founded in 1996 in Shenzhen, Fantasia Holdings Group Co., Ltd. is a major Chinese real estate company that was listed on the Hong Kong Stock Exchange in 2009. The company's core business revolves around property development, but it has diversified into a comprehensive service model. Its key business segments include real estate development (residential and urban complexes), community services through its subsidiary Colour Life Service Group (the first of its kind to be listed in Hong Kong), commercial property investment and operations, and financial services. The company has recently faced significant financial distress, leading to debt defaults and a prolonged restructuring process.