SCCCF News and Press, Sunac China Holdings Ltd From 09/23/21

Some holders don't expect to receive coupon payments on China Evergrande Group's (OTCPK:EGRNF -12.5%) dollar bonds that are due today, Reuters reports, citing a source familiar with the matter. The company has a 30-day grace period before an actual default. The bondholders expect the property...

Analysts and economists have been warning about a bubble in Chinese residential real estate for at least a decade now. Evergrande’s problems were caused by their giant liabilities, and a recent shift in Chinese Communist Party economic doctrine and policy. The Party is face...

Even as Beijing shows no signs of stepping in to support China Evergrande (OTCPK:EGRNF) to prevent spillover effects to the rest of the world, the property developer's chairman, Hui Ka Yuan said he expects the company will "walk out of its darkest moment" and "resume full-scale constructions ...

Chinese and Hong Kong bank stocks slide as China Evergrande(OTCPK:EGRNF -11.8%), faced with a liquidity crisis, heads for an expected debt restructuring of its more than $300B of liabilities. Chinese real estate developer Sunac China Holdings (OTC:SCCCF) also drops as investors fear that Ever...

Huazhu Group Limited (HTHT) announced that its wholly-owned subsidiary Huazhu Hospitality (Hong Kong), Chengdu Lingchuang Yipin Hotel Management Company Limited, a wholly-owned subsidiary of Sunac China Holdings Limited (SCCCF) and Chengdu Global Times Exhibition and Travel Development C...

Chinese manufacturing activity slumped to a record low in February as the coronavirus outbreak temporarily shuttered plants and factories and travel restrictions impacted the supply of labor. The official government purchasing manager’s index ((PMI)) fell to 35.7, down from a neutral 50...

Around two years ago I wrote my first article about Sunac. Up to that date the company’s stock price had surged more than 500% helped among other things by investment banks’ positive coverages, something I found quite curious given the picture portrayed by the firm’s finan...

Elevator Pitch Despite being among the top five property developers in Mainland China in terms of contracted sales, Hong Kong-listed property developer Sunac China Holdings Limited ( SCCCF ) ( SNCHY ) [1918:HK] trades at 5.4 times consensus forward FY2019 P/E and 4.2 times consensus forwar...