Sunac China’s1918-2.41%decrease; red down pointing triangle shares rose after it reached a deal to restructure around $2 billion in onshore debt, becoming the first Chinese property developer to ...

Shares of Chinese property developer Sunac China tumbled after the company received a winding up petition as the country continues to struggle with its property sector downturn. Shares fell 24% to ...

HONG KONG, Jan 6 (Reuters) - Developer Sunac China has informed some of its dollar creditors it is unlikely to meet a September bond maturity deadline, two sources said, as weak sales raise the ...

Sunac's deal bodes well for China's property sector, participants in the market said. "Onshore creditors are not normally willing to compromise," said Raymond Cheng, a managing director at CGS ...

HONG KONG (Reuters) -Sunac China shares and bonds plunged on Friday after a liquidation petition was filed against the developer, reigniting investor concerns about the debt crisis in the property ...

The landmark deal enables Sunac, once one of China's largest real estate developers, to deleverage its 15.4 billion yuan ($2.11 billion) outstanding onshore debt by more than half. The landmark deal ...

2025-01-07T14:59:36+05:30 — Business Sunac China flags difficulty making Sept dollar bond payments, sources say 2025-01-07T14:55:51+05:30 — Business China exports push Nippon Steel to seek ...

Developer Sunac China Holdings secured approval for the restructuring of its onshore debt, a move that participants in the property market hailed as good news for China's beleaguered real estate ...

Jan 21 (Reuters) - Sunac China (1918.HK), opens new tab on Tuesday emerged as the first embattled Chinese property developer to successfully cut down on its onshore debt, after it said holders of ...