PHOTO: REUTERS[HONG KONG] Hong Kong developer Parkview Group has missed an interest payment on a US$940 million loan backed by a landmark Beijing asset, according to people familiar with the matter, less than a year after it secured the refinancing deal. Parkview failed to make a 50 million yuan (US$7.4 million) interest payment that was due in early June, said the people, who asked not to be identified discussing private matters. The missed interest payment leaves Parkview struggling to find other funding options, while banks on the loan suddenly have to look for ways to ensure they will be able to recoup their money. The refinancing deal came after months of negotiations, during which, Parkview even considered selling artwork valued at over HK$200 million (US$25.5 million) from Parkview Green’s collection in an effort to attract creditor support. Beyond Parkview Green, which is known for its glass architecture and collection of contemporary art, the company’s portfolio includes the Hong Kong Parkview residential complex and Parkview Square in Singapore, according to its website.