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China Cinda (HK) Asset Mgmt Files Winding-up Petition against SUNAC Reportedly
China Cinda (HK) Asset Management filed a winding-up petition against SUNAC (01918.HK), and a hearing is slated for March 19, 2025, sources divulged. Sunac Real Estate Group had a ...
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China Cinda (HK) Asset Mgmt Files Winding-up Petition against SUNAC Reportedly
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China Cinda (HK) Asset Management filed a winding-up petition against SUNAC (01918.HK)  0.000 (0.000%)    Short selling $29.89M; Ratio 9.673%   , and a hearing is slated for March 19, 2025, sources divulged.

Sunac Real Estate Group had a new outstanding loan principal amount of RMB3.236 billion due in November 2024, according to an earlier report by a Chinese media. As at November 30, 2024, the outstanding principal amount of borrowings due was RMB115.5 billion.

Among which, bank loans were overdue by RMB23.415 billion; loans from non-bank financial institutions were overdue by RMB74.109 billion; and other interest-bearing debts were overdue by RMB17.86 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-24 16:25.)

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