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SUNAC Reportedly Gains Further Support from Domestic Bondholder on Restructuring, But Shr Price Still Plummets 15%+
SUNAC (01918.HK)'s restructuring plan won the support of one domestic bondholder last week, totaling 8 bondholders' support, and still needs the approval of another 2 bondh...
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SUNAC Reportedly Gains Further Support from Domestic Bondholder on Restructuring, But Shr Price Still Plummets 15%+
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SUNAC (01918.HK)  +0.190 (+14.615%)    Short selling $19.01M; Ratio 1.925%   's restructuring plan won the support of one domestic bondholder last week, totaling 8 bondholders' support, and still needs the approval of another 2 bondholders to implement the debt restructuring, Reuters quoted insiders as saying.

SUNAC opened flat today, and bottomed at $1.83. The stock last printed at $1.89, plummeting 15.25%, with 717 million shares traded, involving $1.422 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-13 16:25.)

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