Sunac China Holdings

Why China can’t sort out its property market mess

A second debt restructuring and the new liquidation petition underscore the protracted battle facing the developer and the sector.

Chinese developer Sunac says to conduct second offshore debt restructuring

Sunac attributed the higher net loss forecast to the absence of gains that it had logged last year after the completion of its offshore debt restructuring.

Property developer Sunac China warns of wider loss for 2024

Sunac China Holdings, one of the first major developers to restructure its offshore debt, said last week that it can’t rule out a second restructuring.

Distressed Chinese companies face flurry of court hearings

Sunac became one of China’s first distressed developers to restructure its offshore debt in late 2023, but its stock and bond prices have now slid to the lowest level in months.

China developer that led the way on debt overhaul at risk again

Investors have grown increasingly anxious about Sunac's upcoming interest payments amid sluggish sales, which sent its shares and US dollar notes to their lowest levels in months last week.

Sunac can’t rule out second offshore debt overhaul

China’s private-sector developers have yet to escape a years-long downturn in the country’s property market as sales of new homes remain weak.

Developer Sunac China receives liquidation petition in Hong Kong

The developer has 15.4 billion yuan (S$2.9 billion) in outstanding onshore debt.

Sunac proposes four debt-restructuring options to mainland China creditors: source

Sunac is one of the few large real estate companies to pull off a debt restructuring.

China developer Sunac to raise HK$1.2 billion in top-up placement

Sunac became the first major Chinese builder to reorganise its offshore debt late last year.

China builders Sunac, Logan mull local debt restructuring plans