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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.
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.
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.
Morningstar
1mon
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 ...
Yahoo Finance
1mon
China Cinda Asset Management Co., Ltd. (CCGDF)
Perform in-depth fundamental analysis with decades of income statements, balance sheets, and cash flows — all exportable.
1d
on MSN
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 ...
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