Where is Sky Stone Group’s Shane Zhou?

Where is Sky Stone Group’s Shane Zhou?
A drone shot of the half-completed building in Auckland's Epsom. (Image: Colliers)
Riley Kennedy
Where is Xin (Shane) Zhou?That’s the question being asked as receivers try to recover millions owing from the property developer’s failed apartment building now on the market in a mortgagee sale.Limited information is available online about Zhou’s Sky Stone Group, however, the Companies Office says there are about 10 different businesses using the group’s name, which he is connected to.It appears the group had previously undertaken multiple developments in Auckland.Two of the companies are in liquidation and a third, the...

More Finance

Payments NZ could play key role in open banking standards
Finance

Payments NZ could play key role in open banking standards

A draft decision proposes an 18-month approval, rather than the five years requested.

Ben Moore 01 Jul 2024
Singapore becomes hot spot for M&A bankers hunting Asia deals
Finance

Singapore becomes hot spot for M&A bankers hunting Asia deals

The island is a magnet for parties interested in mergers and acquisitions.

Bloomberg 28 Jun 2024
Medicine working but business confidence continues to fall
Finance

Medicine working but business confidence continues to fall

Confidence in retail and construction rose, while other sectors were more downbeat.

Tom Raynel 27 Jun 2024
Shareholders association opposes Geneva Finance delisting
Finance

Shareholders association opposes Geneva Finance delisting

Company says it will exceed USX governance rules.

Jem Traylen 26 Jun 2024