Sunac China shares, bonds sink

Sunac China shares, bonds sink after liquidation petition filed against developer
By Clare Jim HONG KONG (Reuters) -Sunac China shares and bonds plunged on Friday after a liquidation petition was filed against the property developer, adding to concerns over its business recovery and repayment ability despite an offshore debt restructuring in 2023.
China's Shimao Group receives liquidation petition
This is the second case of such petitions against Chinese property developers in the last two days. On Thursday, a petition was filed against embattled property developer Sunac China to wind down by asset manager China Cinda Asset Management.
China Cinda (HK) Asset Mgmt Files Winding-up Petition against SUNAC Reportedly
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 loan principal amount of RMB3.
Developer Sunac China gets liquidation petition, Hong Kong judiciary website shows
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,
Liquidation petition filed against Sunac China
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.
Indebted developer Sunac China faces liquidation threat in Hong Kong
A liquidation petition was filed against indebted developer Sunac China Holdings in Hong Kong amid its efforts to restructure its offshore debt for the second time, marking the latest drama for China’s cash-starved property sector.
Sunac China Faces Winding-Up Petition Amid Financial Pressures
Discover outperforming stocks and invest smarter with Top Smart Score StocksFilter, analyze, and streamline your
Developer Sunac China Receives Liquidation Petition in Hong Kong
Defaulted builder Sunac China Holdings Ltd. has received a liquidation petition in Hong Kong, according to the city’s judiciary website.
Sunac China Shares Fall Sharply After Receiving Winding-Up Petition
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 1.33 Hong Kong dollars, or equivalent of 17 U.S. cents, on Friday's afternoon trading.
Sunac China shares, bonds hit by liquidation petition against developer
HONG KONG (Reuters) -- Sunac China shares and bonds plunged on Friday after a liquidation petition was filed against the property developer, adding to concerns over its business recovery and repayment ability despite an offshore debt restructuring in 2023.
Morningstar29d
China Cinda Asset Management Co Ltd Class H
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 ...
Sunac liquidation suit hammers shares, renews property debt crisis concerns
By Clare Jim HONG KONG (Reuters) -Sunac China shares and bonds plunged on Friday after a liquidation petition was filed ...