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Sunac, Hong Kong and China Cinda
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,
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.
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 plunge after liquidation petition filed against developer
Sunac China shares dropped as much as 30% on Friday after a liquidation petition was filed against the indebted developer, making it the latest company to face such a move amid an unprecedented debt crisis in China's 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 Holdings Faces Winding-Up Petition
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International Monetary Fund
53m
People’s Republic of China—Hong Kong Special Administrative Region: Staff Concluding Statement of the 2024 Article IV Mission
Hong Kong SAR’s economy is on a path of gradual but uneven recovery after a protracted period of shocks. With continued economic slack and external and domestic headwinds, policies should be geared ...
6h
on MSN
Millennium Hedge Fund Spinoff Modular Expands to Hong Kong
Millennium Management spinoff Modular Asset Management plans to expand to Hong Kong, the latest hedge fund arrival as the ...
1d
on MSN
China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize ...
11h
Xi’s orders for Macau serve as reference for Hong Kong, Beijing official says
Xia Baolong also calls on Hong Kong and Macau to ‘best unleash the benefits’ of the ‘one country, two systems’ governing ...
1d
HSBC Analysts See 21% Upside for Hong Kong-Listed Chinese Stocks
HSBC Holdings Plc is turning bullish on Chinese stocks listed in Hong Kong, touting them as beneficiaries of more “favorable ...
14h
on MSN
Panama Canal CEO denies Trump claim that China in control, says end of Carter neutrality treaty means 'chaos'
The Panama Canal Authority leader denied that China controls the waterway, warning President-elect Trump against ending the ...
2d
China HMPV Outbreak LIVE: India, Malaysia, Hong Kong Report Cases | Vantage with Palki Sharma
India, Malaysia, Hong Kong Report Cases | Vantage with Palki Sharma Five years after the world was ravaged by the pandemic, ...
BroadwayWorld
16h
Hong Kong Philharmonic Reveals January 2025 Lineup
The Hong Kong Philharmonic Orchestra will perform a series of concerts in January 2025. Learn more about the full lineup of ...
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