Page 2 - Sunac Services News Today

HONG KONG : Shares of embattled Chinese property developer Sunac China fell 38 per cent on Thursday morning after the stock resumed trade following a suspension of more than a year. The share slump comes a day after the company said in a statement to the Hong Kong stock exchange that it was to resume trad

Embattled property developer Sunac China on Wednesday applied to the Hong Kong stock exchange for a resumption of trading in its shares from April 13 and said it was in the process of implementing... | April 12, 2023

Trading in the company's shares was suspended last year pending the release of its financial results.

Sunac China chairman Sun Hongbin has told investors the embattled property developer has been actively working with asset managers and applying for official funding to ensure developments are... | March 30, 2023

Embattled property developer Sunac China said on Tuesday it has reached agreement with a group of offshore creditors to restructure $9 billion of its debt.... | March 28, 2023

The property services unit of Sunac China Holdings cited the ‘recurring pandemic outbreaks and the continuous downturn of the real estate industry’, for loss.

Top Chinese property developer Country Garden Holdings said on Monday it expected to post its first net loss since listing in 2007 due to a sluggish property market and flagged a worse-than-feared

HONG KONG—Developer Sunac China missed the deadline for coupon payments on a $742 million offshore bond and said ...

HONG KONG/SHANGHAI -China Evergrande Group on Thursday secured a crucial approval from onshore bondholders to delay payments on one of its bonds, as other cash-strapped developers also scrambled to...

Cash-strapped Chinese developers are scrambling to negotiate new terms with their bondholders to avoid defaults, with Shimao Group and Yuzhou Group the latest seeking extensions on their maturing... | January 13, 2022