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 ...
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 ...
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 ...
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 ...
(Reuters) - Embattled property developer Sunac China on Thursday said a private credit firm will invest 2.48 billion Chinese yuan ($340.34 million) into restructuring debts for the Chongqing Project.
WuXi STA expects to hire about 500 people in the coming years to support Phase 1 of the manufacturing campus. A Chinese pharmaceutical company is moving forward with plans to build a massive $510 ...
Sunac's restructuring is poised to open the flood gates for a flurry of similar deals this year. Reuters reported last week that Sunac had won support from nine of the ten bondholders. ($1 = 7. ...
Shares of WuXi group companies jumped Monday after U.S. President-elect Trump promised to save TikTok and held a call with his counterpart in China, sparking tentative hopes that some areas of U.S ...
Hang Zhou, PhD, senior vice president and head of bioprocess research and development , WuXi Biologics. [WuXi Biologics] Raman spectroscopy has become a first-choice PAT for monitoring and ...
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Xu Jiajin, who killed eight and injured 17 on a campus in Wuxi, Jiangsu province, in November, was executed on Monday after China's top court had approved his death sentence. The execution was ...
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