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Sunac China, Hong Kong
Developer Sunac China Gets Liquidation Petition, Hong Kong Judiciary Website Shows
(Reuters) - 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, and a hearing is scheduled for March 19, the website shows.
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 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 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.
7h
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 ...
International Monetary Fund
1h
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 ...
1d
Chinese money rushes offshore via Hong Kong mutual funds
Chinese investors are buying up large amounts of Hong Kong mutual fund products that invest overseas, particularly in bonds, ...
22h
on MSN
China Ramps Up Yuan Support With Record Hong Kong Bill Issuance
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to ...
4d
Hong Kong’s Cabbies, Long Scorned and Frustrated, Face the End of an Era
A government push to modernize taxi services comes up against the habits of drivers known for driving fast and accepting only ...
13d
US condemns Hong Kong bounties, passport revocations for democrats
The U.S. State Department said that Hong Kong's offered bounties for six more pro-democracy campaigners who were deemed to ...
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 ...
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, ...
devdiscourse
1d
China's Investment Surge: A Boon for Hong Kong Mutual Funds
Chinese investors are heavily purchasing Hong Kong mutual fund products that invest overseas, particularly in bonds, ...
12h
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 ...
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