Sunac China shares plunge

Chinese developer Sunac’s shares tumble 26% after liquidation petition
Shares in Chinese developer Sunac plummeted on Friday after the company revealed it was the subject of a petition in Hong Kong seeking to wind it up, the latest in a series of legal moves against heavily indebted mainland property groups.
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.
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 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 Faces Winding-Up Petition Amid Financial Pressures
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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.
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 ...
Sunac Says It Can’t Rule Out Second Offshore Debt Overhaul
Defaulted property developer Sunac China Holdings Ltd. said it can’t rule out a second offshore debt restructuring as a ...
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Redsun Properties to miss $350 million bond payment due next week
A prolonged property market slump in China over the last three years has been weighing on developers' ability to repay debt.
Exclusive: Sunac China flags difficulty making Sept dollar bond payments, sources say
Developer Sunac China has informed some of its dollar creditors it is unlikely to meet a September bond maturity deadline, ...
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Chinese property developers are starting 2025 facing liquidation petitions and mountains of debt as the nation’s real estate ...
Sunac China Holdings Faces Winding-Up Petition
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China's SAIC to deepen cooperation with CATL on battery, overseas expansion
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SUNAC Reportedly Gains Further Support from Domestic Bondholder on Restructuring, But Shr Price Still Plummets 15%+
SUNAC Reportedly Gains Further Support from Domestic Bondholder on Restructuring, But Shr Price Still Plummets 15%+ ...