Sunac China’s1918-4.91%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 ...
Just over a year ago, Sunac China Holdings Ltd. became a model for the country’s defaulted developers by clinching the sector’s first major offshore debt restructuring deal. Now its problems ...
Sunac, which prior to the debt crisis that jolted the property sector in 2021 ranked among China's top developers by sales, was the first to complete a comprehensive overhaul of its $9 billion ...
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 ...
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 ...