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SUNAC CHINA HOLDINGS
PwC in major accounting scandal? China may impose record fine on PricewaterhouseCoopers over Evergrande auditing workChina is set to impose a record fine on PricewaterhouseCoopers LLP and may suspend some of its local operations due to its involvement in a...- China property crisis: Stimulus-fuelled rally may not helpChinese developers' bonds and stocks have seen gains, but investors are skeptical about the potential of Beijing's latest funding plan for ...
- Chinese property giants hit hard with nearly USD 3 billion in forex lossesChina's leading real estate firms have reported nearly $3 billion in foreign exchange losses for the first half of the year, mainly due to ...
- Shares in China's Sunac jump after creditors approve debt restructuring planA debt crisis in China's property sector, which accounts for roughly a quarter of the economy, has sent jitters across global markets and p...
- Asia's richest woman loses half her wealth in China property crisisYang Huiyan, a majority shareholder in Chinese property giant Country Garden, saw her net worth plunge by more than 52 percent to $11.3 bil...
- Explained: Why China's crumbling real estate sector has the world on edgeAcross China, real estate developers are getting desperate - attempting to sell homes by whatever means possible, even going as far as acce...
- Chinese developer Sunac misses bond repayment, expects to miss moreWith $7.7 billion in dollar bonds, Sunac is the fourth-largest issuer among Chinese developers, according to data from Duration Finance.
- China drafts rules to give property developers more access to escrow funds: SourcesRegulatory curbs on borrowing have driven the sector into crisis, highlighted by China Evergrande Group which was once China's top-selling ...
- More Chinese developers seek to extend bond terms to avert defaultThe market is also watching the outcome of China Evergrande Group's meeting with onshore bondholders, as the voting period to approve an ex...
- China junk-bond bargain hunters trigger 388% surge in ETF assetsThe tide may be turning for China’s property sector, said David Newman, who helps manage about $3 billion as chief investment officer for g...
- Evergrande dodges default again but sector debt concerns remainCash-strapped developer China Evergrande Group averted a destabilising default at the last minute for the third time in the past month, wit...
- Looming Evergrande bond coupon payments intensify contagion fearsSmall developers Modern Land and Sinic Holdings were the latest scrambling to delay deadlines, after Evergrande and Fantasia missed their p...
- China property sector default woes deepen amid Evergrande uncertaintyEvergrande requested a halt in the trading of its shares pending an announcement about a major deal. Evergrande Property Services Group als...
- Save money, time & energy: This Chinese firm may soon let you charge your e-car at homeThat would allow a user to charge their EV in a residential parking lot overnight.
- 304% gains show Buffett-style investing now works in ChinaTo Yang, China has become a prime market for investing in quality consumer-focused companies.
- In 2017, investors can either buy bubbles or be left far behindA portfolio stuffed with allegedly over-inflated assets would have returned 120% so far in 2017.
- Billionaires keep bubbling up as China property market soarsChina Evergrande Group, the country’s largest developer, has risen 534 percent this year.
- Sunac to pay $9.3 billion for Wanda hotels, theme parks; will be China’s largest property dealSunac will buy 76 hotels from Wanda through a unit and will purchase a 91% stake of 13 cultural and tourism projects.
- Check out world’s most painful short trade of the yearFees to borrow shares of Evergrande’s for shorting have surged by over 5 times since Jan.
- Hong Kong shares weaken despite strength in oil sectorThe Hang Seng Index slipped 0.4 per cent from its highest close since May 2008, hit in the previous session, and finished at 25,074.50 poin...
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