Sunac China’s shares rose after it reached a deal to restructure around $2 billion in onshore debt, becoming the first ...

The petition was filed by a unit of state-owned asset manager China Cinda Asset Management and a hearing is scheduled for March 19, the Hong Kong judiciary's website showed late on Thursday.

China Cinda (HK) Asset Management filed a winding-up petition against SUNAC (01918.HK), and a hearing is slated for March 19, 2025, sources divulged. Sunac Real Estate Group had a new outstanding ...

The losses came after the company issued a statement midday Friday that it had received a winding-up petition issued by China Cinda Asset Management in a Hong Kong court. The hearing is scheduled ...

The petition, filed by a unit of state-owned asset manager China Cinda Asset Management, also deepened worries over Sunac's business recovery and repayment ability despite an offshore debt ...

Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our ...

(Reuters) - China's Shimao Group said on Friday CPYM Link Investment Limited had filed a liquidation petition against the company in the Hong Kong high court regarding a 258 million yuan ($35.19 ...

The petition was filed by a unit of state-owned asset manager China Cinda Asset Management and a hearing is scheduled for March 19, the Hong Kong judiciary's website showed late on Thursday.