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.
This is the second case of such petitions against Chinese property developers in the last two days. On Thursday, a petition ...
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 ...
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.
(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 ...