Sunac China Holdings
Why China can’t sort out its property market mess
Since mid-2024, the government has cut borrowing costs on existing mortgages, relaxed buying curbs in big cities and lowered taxes on home purchases
Chinese developer Sunac says to conduct second offshore debt restructuring
This is the first time the property developer has confirmed it would undergo a second offshore debt restructuring
Property developer Sunac China warns of wider loss for 2024
Sunac expects to post a loss attributable between 25.5 billion yuan and 26 billion yuan for 2024
Distressed Chinese companies face flurry of court hearings
AT LEAST eight major distressed Chinese firms, including a China Evergrande Group unit, are set to defend themselves in court cases relating to their debt problems over the next two weeks, in one of t...
China developer that led the way on debt overhaul at risk again
Sunac cannot rule out a second offshore debt restructuring
Sunac can’t rule out second offshore debt overhaul
Defaulted property developer Sunac China Holdings said it can’t rule out a second offshore debt restructuring as a prolonged property crisis dims its outlook and it faces another court petition to win...
Developer Sunac China receives liquidation petition in Hong Kong
DEFAULTED builder Sunac China Holdings has received a liquidation petition in Hong Kong, according to the city’s judiciary website.
Sunac proposes four debt-restructuring options to mainland China creditors: source
SUNAC is offering four options to mainland China creditors, aiming to cut its onshore debt by more than half, a source with direct knowledge of the plan said, adding that one option was swapping debt ...
China developer Sunac to raise HK$1.2 billion in top-up placement
SUNAC China Holdings will raise about HK$1.2 billion (S$203 million) through placements, the first time in a year that the developer is doing an equity fundraising.
China builders Sunac, Logan mull local debt restructuring plans
TWO major Chinese developers are moving closer to unveiling plans to overhaul their local debt, as defaulters shift their restructuring focus from global creditors.
