Developer Sunac China Gets Liquidation Petition, Hong Kong Judiciary Website Shows
(Reuters) - A liquidation petition has been filed against indebted property developer Sunac China, the Hong Kong judiciary's website showed late on Thursday. The petition has been filed by a unit of asset manager China Cinda Asset Management, and a hearing is scheduled for March 19, the website shows.
Defaulted property developer Sunac China Holdings Ltd. said it can’t rule out a second offshore debt restructuring as a ...
By Clare Jim HONG KONG (Reuters) -Sunac China shares and bonds plunged on Friday after a liquidation petition was filed ...
A prolonged property market slump in China over the last three years has been weighing on developers' ability to repay debt.
Chinese property developers are starting 2025 facing liquidation petitions and mountains of debt as the nation’s real estate ...
Developer Sunac China has informed some of its dollar creditors it is unlikely to meet a September bond maturity deadline, ...
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SUNAC Reportedly Gains Further Support from Domestic Bondholder on Restructuring, But Shr Price Still Plummets 15%+ ...
Chinese automaker SAIC said on Friday that it will deepen cooperation with electric vehicle battery giant CATL in areas ...
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