Week in Review Asian equity markets had a mixed performance week as Hong Kong, and Mainland China were the only markets to end the week higher on China reopening and the real estate rebound. China’s P...
Tag: sunac
Blackrock Abandons China, Sunac Liquidity Crisis, and Unemployment Rises in China – crypto.news
China’s economy is experiencing one of its most challenging times. One of the leading American-based investment companies, Blackrock, recently abandoned China’s bullish call. The Multinational company...
Billionaire Sun Hongbin’s Sunac Defaults On Dollar Bond Payments
Sun Hongbin, chairman and CEO of Sunac, listens during a news conference in Hong Kong Jerome Favre/Bloomberg Sunac China Holdings, the real estate developer headed by billionaire Sun Hongbin, said it ...
Billionaire Sun Hongbin’s Sunac Delays Financial Results, Will Suspend Share Trading
Sun Hongbin, Chairman of the Board and Executive Director of Sunac China. (Photo by Jonathan … [+] Wong/South China Morning Post via Getty Images) South China Morning Post via Getty Images Sunac...
China’s Top Property Tycoons See Fortunes Drop $30 Billion With Even More Losses Expected
Hui Ka Yan, Yang Huiyan and Sun Hongbin have all seen their fortunes tumble this year. Bloomberg The days of property moguls dominating China’s wealth rankings appear to be at an end. Beijing’s campai...