Sunac China Shares Slump in First Trading Since March 2022
The Sunac Resort project under construction, developed by Sunac China Holdings Ltd., in Haiyan, Zhejiang Province, China. Shares of Sunac China Holdings Ltd.…
Source: biztoc.com
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Founder of Sunac China Fights to Save His Property Empire
More than a decade ago, Sun Hongbin was forced to sell his property business to a rival after a Chinese government crackdown on soaring housing prices caused it to run short on cash.
Source: bangkokpost.com
Why Beijing is determined to maintain its hardline property policies
Given its central role in the country’s economy, China’s real estate sector is ‘too big to fail’ and poses wider risks in the event of a meltdown. The push to see housing as shelter rather than an investment is more in line with China’s long-term goals but will not be painless.
Source: scmp.com