{"id":125667,"date":"2022-03-29T14:08:56","date_gmt":"2022-03-29T07:08:56","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunacs-shares-plunge-as-another-cash-strapped-chinese-developer-says-it-wont-make-march-31-results-reporting-deadline\/"},"modified":"2022-03-29T14:38:17","modified_gmt":"2022-03-29T07:38:17","slug":"sunacs-shares-plunge-as-another-cash-strapped-chinese-developer-says-it-wont-make-march-31-results-reporting-deadline","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunacs-shares-plunge-as-another-cash-strapped-chinese-developer-says-it-wont-make-march-31-results-reporting-deadline\/","title":{"rendered":"Sunac\u2019s shares plunge as another cash-strapped Chinese developer says it won\u2019t make March 31 results reporting deadline"},"content":{"rendered":"<p>&#013;<br \/>\nCash-strapped Sunac China Holdings\u2019 shares tumbled by about a fifth after the Chinese developer said it would delay publishing its 2021 results and suspend share trading.The Beijing-based home builder said it will not be able to meet the March 31 deadline because the auditing work on its finances has yet to be completed, and will postpone a board meeting scheduled for that date.In a filing to the stock exchange on Monday night, Sunac said it is in the process of talking to its offshore\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3172237\/sunacs-shares-plunge-another-cash-strapped-chinese-developer-says-it-wont?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Sunac\u2019s shares plunge as another cash-strapped Chinese developer says it won\u2019t make March 31 results reporting deadline<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Cash-strapped Sunac China Holdings\u2019 shares tumbled by about a fifth after the Chinese developer said&#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-125667","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-wGT","jetpack-related-posts":[{"id":60106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-shares-plunge-on-leecos-worsening-crisis\/","url_meta":{"origin":125667,"position":0},"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":64130,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-shares-jump-6pc-on-positive-profit-alert\/","url_meta":{"origin":125667,"position":1},"title":"Sunac shares jump 6pc on positive profit alert","date":"August 21, 2017","format":false,"excerpt":"\r Sunac China shares jumped 6 per cent on Monday after the developer said its first-half interim profit will increase by \u201cmore than 15 times\u201d owing to gains from property acquisitions and improved profit margins. The company, one of China\u2019s most acquisitive property developers, said revenue for the six months\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-sunacs-shares-sink-in-hong-kong-after-12-month-suspension-is-lifted\/","url_meta":{"origin":125667,"position":2},"title":"Chinese developer Sunac\u2019s shares sink in Hong Kong after 12-month suspension is lifted","date":"April 13, 2023","format":false,"excerpt":"\r Sunac\u2019s shares slumped as much as 59 per cent in Hong Kong as the 12-month suspension was lifted after the company met the Hong Kong stock exchange\u2019s conditions, including publishing its long-delayed results.\r \r Source : South China Morning Post\r Read more...Chinese developer Sunac\u2019s shares sink in Hong Kong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunacs-15bn-yuan-investment-in-leeco-is-baffling-to-investors\/","url_meta":{"origin":125667,"position":3},"title":"Sunac\u2019s 15bn yuan investment in LeEco is baffling to investors","date":"January 18, 2017","format":false,"excerpt":"\r Sunac China Holdings has been confronted with consistent doubts from investors over its 15 billion yuan investment into cash-starved LeEco, with volatile share trading this week evidence of a mixed, if not baffling attitude toward the deal. The developer\u2019s Hong Kong-listed shares swung between big losses and minor gains\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60686,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunacs-shares-rally-as-investors-ignore-warnings-on-credit-ratings\/","url_meta":{"origin":125667,"position":4},"title":"Sunac\u2019s shares rally as investors ignore warnings on credit ratings","date":"July 14, 2017","format":false,"excerpt":"\r Investors are piling into Sunac China Holdings, pushing the shares of the country\u2019s biggest domestic buyer to a record, ignoring the warnings by the world\u2019s three dominant credit rating agencies on the rising default risks caused by its US$9.3 billion acquisitions of Wanda\u2019s assets. Sunac\u2019s shares jumped as much\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-throws-another-lifeline-to-cash-strapped-leeco\/","url_meta":{"origin":125667,"position":5},"title":"Sunac throws another lifeline to cash-strapped LeEco","date":"November 16, 2017","format":false,"excerpt":"\r Developer fuels worries of overcommitment by adding to $2.4bn sunk in tech group\r \r Source : ft.com\r Read more...Sunac throws another lifeline to cash-strapped LeEco","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\/125667"}],"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=125667"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125667\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=125667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=125667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=125667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}