Sunac China Holdings Limited (1918.HK)
| Previous close | 1.450 |
| Open | 1.480 |
| Bid | 1.390 x 0 |
| Ask | 1.400 x 0 |
| Day's range | 1.370 - 1.490 |
| 52-week range | 0.870 - 3.590 |
| Volume | |
| Avg. volume | 140,208,824 |
| Market cap | 11.666B |
| Beta (5Y monthly) | 0.52 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.540 |
| Earnings date | 27 Mar 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 11 Aug 2021 |
| 1y target est | 1.38 |
- South China Morning Post
China property: Sunac, Country Garden projects among property developments added to local governments' 'whitelists', to get financial support from banks
Sunac China Holdings, Shimao Group, CIFI Group and Country Garden Holdings are among property developers whose projects have been included in "whitelists" by local governments in mainland China, a mechanism that qualifies their projects for financial support from banks. While Beijing-based Sunac had 90 projects cleared for loan applications on Monday, Shanghai-based developers Shimao and CIFI had 16 and 18 projects, respectively, added to whitelists over the past week, according to local media r
ReutersDistressed Chinese developers get project loan backing as Beijing ramps up support
More distressed property developers in China have had projects added to local authorities' so-called whitelists, reflecting the rapid expansion of a government policy aimed at injecting liquidity into the crisis-hit sector. Sunac China, Greenland, CIFI and SCE Group said local governments had listed some of their projects as being suitable for bank loans, following a similar announcement by Country Garden at the weekend.
ReutersChina property creditors face worsening restructuring terms as sector recovery hopes sour
As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are expected to face another setback - the prospects of revamp terms being tightened due to a worsening outlook for the county's real estate sector. Developers, financial advisers and bondholders said that could make debt restructuring terms much worse than expected earlier. Sunac China last week became the first property developer to complete the debt revamp process after the sector plunged into a debt and funding crisis in mid-2021, while Country Garden, China's largest private property developer, is expected to start those negotiations soon.
