Sino-Ocean Secures UK Court Nod for Debt Restructuring Plan

Sino-Ocean Group Holdings Ltd., a significant player in China's real estate sector, has recently achieved a critical milestone in its financial recovery efforts. The High Court in the United Kingdom has granted the company permission to proceed with its proposed debt restructuring plan, a move aimed at alleviating its heavy financial burdens stemming from the prolonged slump in China's property market.

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