By Clare Jim HONG KONG (Reuters) -Sunac China shares and bonds plunged on Friday after a liquidation petition was filed ...

A liquidation petition was filed against indebted developer Sunac China Holdings in Hong Kong amid its efforts to restructure ...

The major U.S. index futures are currently pointing to a sharply lower open on Friday, with stocks likely to come under pressure ...

The bond was issued in January 2021 with a coupon rate of 7.3%. A prolonged property market slump in China over the last three years has been weighing on developers' ability to repay debt. Chinese ...

Shares in Chinese developer Sunac plummeted on Friday after the company revealed it was the subject of a petition in Hong ...

The dollar held steady in Asian trade and looked set to extend its longest weekly winning streak in over a year.

(Reuters) - Chinese property developer Redsun Properties said on Friday it would not be able to pay its $350 million bond maturing on January 13, which includes the principal and the accrued interest.

The petition has been filed by a unit of asset manager China Cinda Asset Management, and a hearing is scheduled for March 19, ...

The indebted developer has reached an understanding with a lender group made up of seven banks ahead of the company's ...

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 ...

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 ...

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