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October 5, 2023
Sunac jumped as much as 12 per cent to HK$2.31 in Hong Kong before closing at HK$2.19. The stock has more than doubled over the past five weeks in…
October 5, 2023
Sunac moved ahead of its troubled peers in fixing its financial crisis after a court in Hong Kong sanctioned its US$10.2 billion debt workout plan with more than 2,000 offshore creditors.
September 22, 2023
Sunac China Holdings: The Chinese property development and management group earlier this week obtained approval from its creditors for the $9 billion offshore debt restructuring plan, marking the first approval of such debt overhaul by a major Chinese property developer.
September 21, 2023
Sunac China Holdings said on Thursday its stake in its unit Sunac Services will drop to 49.7%, following implementation of a restructuring plan that will allow the companys creditors to exchange...
August 27, 2023
Latest news, analysis and opinion on the results of Hong Kong's reporting season, which involves firms traded on the Hong Kong Stock Exchange and listed on the Hang Seng index.
August 16, 2023
Once China’s biggest real estate developer, Country Garden is on the edge. And doubts are growing over whether its 41-year-old major shareholder will dip into her fortune to try to rescue it.
August 15, 2023
Once China’s biggest real estate developer, Country Garden is on the edge. And doubts are growing over whether its 41-year-old major shareholder will dip into her fortune to try and rescue it.
April 17, 2023
Latest news and analysis about Asia housing and property, covering sales, market outlook and investment trends, policies related to affordability and foreign ownership, and the performance of developers.
April 13, 2023
Comments from the Fed erased earlier gains seen on Wall Street after the release of the U.S. consumer price index report that showed inflation cooled in March.
April 13, 2023
Comments from the Fed erased earlier gains seen on Wall Street after the release of the U.S. consumer price index report that showed inflation cooled in March.