{"id":118126,"date":"2020-08-07T17:05:37","date_gmt":"2020-08-07T10:05:37","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-sunac-china-proposes-to-spin-off-property-services-arm-and-list-it-in-hong-kong\/"},"modified":"2020-08-07T18:03:36","modified_gmt":"2020-08-07T11:03:36","slug":"mainland-developer-sunac-china-proposes-to-spin-off-property-services-arm-and-list-it-in-hong-kong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-sunac-china-proposes-to-spin-off-property-services-arm-and-list-it-in-hong-kong\/","title":{"rendered":"Mainland developer Sunac China proposes to spin off property services arm and list it in Hong Kong"},"content":{"rendered":"<p>&#013;<br \/>\nMainland developer Sunac China plans to spin-off Sunac Services Holdings, its property management unit and list it in Hong Kong, with analysts expecting China\u2019s struggling home builders looking to cash in on the profitable parts of their business amid a souring property market.After the spin-off and listing, Sunac China will have an interest of not less than 50 per cent in Sunac Services Holdings, Sunac said in the initial public offering application filed late on Thursday evening.\u201cThe company\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3096496\/mainland-developer-sunac-china-proposes-spin-property\" target=\"_blank\">Mainland developer Sunac China proposes to spin off property services arm and list it in Hong Kong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Mainland developer Sunac China plans to spin-off Sunac Services Holdings, its property management unit and&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-118126","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uJg","jetpack-related-posts":[{"id":119067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-sunac-chinas-property-management-arm-seeks-at-least-us1-billion-in-hong-kong-ipo-say-sources\/","url_meta":{"origin":118126,"position":0},"title":"Mainland developer Sunac China\u2019s property management arm seeks at least US$1 billion in Hong Kong IPO, say sources","date":"October 30, 2020","format":false,"excerpt":"\r Sunac Services Holdings, the property management arm of the mainland\u2019s fourth-largest developer Sunac China Holdings, is looking to raise at least US$1 billion in a Hong Kong listing, joining a slew of companies who have launched IPOs recently, according to people familiar with the transaction.The company has already started\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66902,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/huarong-freezes-new-loans-to-developer-sunac\/","url_meta":{"origin":118126,"position":1},"title":"Huarong freezes new loans to developer Sunac","date":"September 20, 2017","format":false,"excerpt":"\r China Huarong Asset Management, one of the country\u2019s big four state-owned bad loan banks, has ordered a suspension of new lending to property giant Sunac China Holdings, as worries remain over high debt levels and the regulator\u2019s intolerance to high corporate leverage. Huarong\u2019s risk department ordered a suspension of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148738,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-developer-sunac-china-faces-liquidation-threat-in-hong-kong\/","url_meta":{"origin":118126,"position":2},"title":"Indebted developer Sunac China faces liquidation threat in Hong Kong","date":"January 10, 2025","format":false,"excerpt":"\r A hearing on the matter has been scheduled for March 19.\r \r Source : South China Morning Post\r Read more...Indebted developer Sunac China faces liquidation threat in Hong Kong","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stock-in-chinas-sunac-plunges-after-it-seeks-to-raise-us1-billion-through-share-placement\/","url_meta":{"origin":118126,"position":3},"title":"Stock in China\u2019s Sunac plunges after it seeks to raise US$1 billion through share placement","date":"December 15, 2017","format":false,"excerpt":"\r Shares of property developer Sunac China Holdings slumped by as much as 10 per cent on Friday after it said it would raise HK$7.82 billion (US$1 billion) through a share placement. The firm, chaired by billionaire Sun Hongbin, has agreed to sell 251.5 million shares at HK$31.1 each, an\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-shares-plunge-on-leecos-worsening-crisis\/","url_meta":{"origin":118126,"position":4},"title":"Sunac China shares plunge on LeEco\u2019s worsening crisis","date":"July 7, 2017","format":false,"excerpt":"\r Shares of Sunac China slumped in Hong Kong on Friday as investors fear that the developer could suffer a big loss from its 15 billion yuan (US$2.2 billion) bet on the cash-strapped LeEco Group, and would be forced to take over operations of the group\u2019s core business. Sunac shares\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-sunac-top-list-of-chinese-developers-due-in-hong-kong-court-this-month-as-creditors-sue-to-recover-payments\/","url_meta":{"origin":118126,"position":5},"title":"Evergrande, Sunac top list of Chinese developers due in Hong Kong court this month as creditors sue to recover payments","date":"November 2, 2022","format":false,"excerpt":"\r The court hearings against China\u2019s top property firms come after a unit of Yango Group was ordered to be wound down, the first such instance in Hong Kong against a major developer amid the ongoing crisis.\r \r Source : South China Morning Post\r Read more...Evergrande, Sunac top list of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118126"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=118126"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118126\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}