Sunac China Becomes First Chinese Developer to Restructure Onshore Debt
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 22 2025
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Source: WSJ
Debt Restructuring Success: Sunac China successfully restructured approximately $2 billion in onshore debt, becoming the first Chinese property developer to achieve this amid an ongoing real-estate crisis.
Stock Performance: Following the announcement, shares of Sunac China increased by up to 8.4% in Hong Kong, although they have still declined by 30% year-to-date.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
