1 Day 1918 -0.63% DJIA 0.31% S&P 500 0.92% Real Estate/Construction -1.36% ...
(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.
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 ...
(Yicai) Jan. 22 -- Shares of Sunac China Holdings closed lower after the firm secured a deal to halve its CNY15.4 billion (USD2.1 billion) of onshore debt, making it the first troubled Chinese ...
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 ...
NAMSA recently announced plans to acquire WuXi AppTec’s medical device testing operations in the U.S. As part of the agreement, NAMSA will take ownership of WuXi’s facilities in Minnesota and Georgia.
Fan Weiqu, 62, killed 35 in a car rampage in Zhuhai, while Xu Jiajin, 21, fatally stabbed eight at a vocational school in Wuxi. Both acts, rooted in personal grievances, highlight a rise in “revenge ...
BEIJING (AP) -- China has executed two men who committed deadly attacks that killed dozens in November and raised concerns about a surge in what are called "revenge on society crimes," state media ...
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