There are signs that the liquidity environment is improving. Housing enterprises collectively implement debt restructuring.
Mortgage rates continued to decline in September, reaching as low as 86 cities.
Sunac China Faces Winding-Up Petition
02:51 AM EDT, 09/09/2022 (MT Newswires) -- Chen Huaijun filed a winding-up petition against Sunac China Holdings (HKG:1918) at the Hong Kong High Court after the real estate company allegedly failed t
Sunac China Books $1.5 Billion Contracted Sales in August
07:33 AM EDT, 09/06/2022 (MT Newswires) -- Sunac China Holdings' (HKG:1918) contracted property sales amounted to 10.75 billion yuan ($1.5 billion) in August, according to a Tuesday disclosure. The r
Sunac China Logs $1.6 Billion Contracted Sales in July
09:18 AM EDT, 08/05/2022 (MT Newswires) -- Sunac China Holdings' (HKG:1918) contracted property sales amounted to 11.03 billion yuan ($1.6 billion) in July, according to a Friday disclosure. The real
Real estate revenue to rebound in H2
Due to the impact of COVID-19 outbreaks, weak market expectations and tepid demand, Chinese real estate developers' sales revenues were more than halved in the first six months. However, as the contagion is gradually being contained in major Chinese cities and home sales are progressively improving, property developers are expecting a better second half.
Sunac China's Contracted Property Sales Reach Nearly $17 Billion in H1
03:37 AM EDT, 07/06/2022 (MT Newswires) -- Sunac China's (HKG:1918) contracted property sales totaled 112.82 billion yuan ($16.8 billion) in the first half of 2022. Gross floor area sold reached 8.52
Market Chatter: Sunac China to Cut Amortization Payments on $598 Million RMB Bonds Due in June, September
01:06 AM EDT, 06/28/2022 (MT Newswires) -- Sunac China (HKG:1918) is planning to cut amortization payments on an onshore bond worth 4 billion yuan ($598 million) due in June and September, Reuters rep
Market Chatter: Sunac China in Talks for Second Extension on Onshore Bond
01:42 AM EDT, 06/23/2022 (MT Newswires) -- Sunac China (HKG:1918) is in talks with creditors about a second extension on part of its 4 billion yuan ($596.5 million) renminbi-denominated bond due at th
Market Chatter: Sunac Creditors Approve Two-Year Payment Extension on $342 Million RMB Bond
01:45 AM EDT, 06/15/2022 (MT Newswires) -- Bondholders have approved Sunac China's (HKG:1918) proposal to defer the payment of a 2.3 billion yuan ($342 million) renminbi-denominated bond for two years