The landmark deal enables Sunac, once one of China's largest real estate developers, to deleverage its 15.4 billion yuan ($2.11 billion) outstanding onshore debt by more than half. The landmark deal ...
Developer Sunac China Holdings secured approval for the restructuring of its onshore debt, a move that participants in the property market hailed as good news for China’s beleaguered real estate ...
Sunac China’s1918-4.91%decrease; red down pointing triangle shares rose after it reached a deal to restructure around $2 billion in onshore debt, becoming the first Chinese property developer to ...
Jan 21 (Reuters) - Sunac China (1918.HK), opens new tab on Tuesday emerged as the first embattled Chinese property developer to successfully cut down on its onshore debt, after it said holders of ...
(Reuters) - Embattled property developer Sunac China on Thursday said a private credit firm will invest 2.48 billion Chinese yuan ($340.34 million) into restructuring debts for the Chongqing Project.
WuXi AppTec is parting ways with its U.S. medical device testing business, selling its two stateside locations to the Ohio-based regulatory consulting firm NAMSA. The deal includes facilities in ...
WuXi AppTec Co. and WuXi Biologics Cayman Inc. said they see a brighter 2025 for the Chinese biotech and drug companies after the US Biosecure legislation that threatened to cut them out from ...
WuXi AppTec’s leadership played down concerns about reduced demand for glucagon-like peptide-1 receptor agonist (GLP-1RA) manufacturing after leading obesity player Eli Lilly released lower-than ...
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Shares of WuXi group companies jumped Monday after U.S. President-elect Trump promised to save TikTok and held a call with his counterpart in China, sparking tentative hopes that some areas of U.S ...
SUNAC (01918.HK )launched the second round of sales of its Shanghai Huangpu District project "One Riviera Park", which is co-developed with CITIC and Xinhu, on Sunday (12... SUNAC (01918.HK ...