{"id":135569,"date":"2023-03-20T18:00:33","date_gmt":"2023-03-20T11:00:33","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-services-posts-us67-1-million-loss-for-2022-cites-mounting-pressure-from-chinas-recurring-covid-19-outbreaks\/"},"modified":"2023-03-20T18:13:38","modified_gmt":"2023-03-20T11:13:38","slug":"sunac-services-posts-us67-1-million-loss-for-2022-cites-mounting-pressure-from-chinas-recurring-covid-19-outbreaks","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-services-posts-us67-1-million-loss-for-2022-cites-mounting-pressure-from-chinas-recurring-covid-19-outbreaks\/","title":{"rendered":"Sunac Services posts US$67.1 million loss for 2022, cites mounting pressure from China\u2019s recurring Covid-19 outbreaks"},"content":{"rendered":"


\nThe property services unit of Sunac China Holdings cited the \u2018recurring pandemic outbreaks and the continuous downturn of the real estate industry\u2019, for loss.
\n
\nSource : South China Morning Post
\nRead more…Sunac Services posts US.1 million loss for 2022, cites mounting pressure from China\u2019s recurring Covid-19 outbreaks<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The property services unit of Sunac China Holdings cited the \u2018recurring pandemic outbreaks and the...<\/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-135569","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-zgB","jetpack-related-posts":[{"id":126681,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-holdings-defaults-on-us741-6-million-bond-snared-by-three-red-lines-policy-and-sputtering-home-sales-amid-covid-19-outbreaks\/","url_meta":{"origin":135569,"position":0},"title":"Sunac China Holdings defaults on US$741.6 million bond, snared by \u2018three red lines\u2019 policy and sputtering home sales amid Covid-19 outbreaks","date":"May 12, 2022","format":false,"excerpt":"\r The company failed to make an interest payment and expects to miss payments on three additional notes, as it struggles to contend with a dramatic drop in sales and China\u2019s \u201cthree red lines\u201d policy.\r \r Source : South China Morning Post\r Read more...Sunac China Holdings defaults on US1.6 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122237,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-chinas-unit-in-shaoxing-faces-liquidity-pressure-as-government-cooling-measure-stops-it-collecting-sales-revenues\/","url_meta":{"origin":135569,"position":1},"title":"Sunac China\u2019s unit in Shaoxing faces liquidity pressure as government cooling measure stops it collecting sales revenues","date":"September 27, 2021","format":false,"excerpt":"\r A local subsidiary of Sunac China Holdings, one of China\u2019s most heavily indebted property developers, has come under liquidity pressure, as it was prevented from collecting sales revenues by the government\u2019s market-cooling measures.Sunac\u2019s unit in the Zhejiang provincial city of Shaoxing has had to wait for local authorities to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124505,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-housing-market-no-respite-for-fantasia-modern-land-and-sunac-as-they-lead-sales-declines-in-january\/","url_meta":{"origin":135569,"position":2},"title":"China housing market: no respite for Fantasia, Modern Land and Sunac as they lead sales declines in January","date":"February 8, 2022","format":false,"excerpt":"\r China\u2019s biggest property developers are still struggling to sell homes, as a resurgent Covid-19 pandemic combined with a slowing economy to deter big-ticket investments, offering little respite to the most leveraged among them.The collective sales value of China\u2019s top 100 developers fell 41 per cent in January from last\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115202,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-country-garden-sunac-china-warn-construction-sales-may-be-disrupted-as-covid-19-subdues-business-activity\/","url_meta":{"origin":135569,"position":3},"title":"Developers Country Garden, Sunac China warn construction, sales may be disrupted as Covid-19 subdues business activity","date":"March 27, 2020","format":false,"excerpt":"\r Two of China\u2019s biggest property developers have warned that their sales and construction schedules are likely to be disrupted by a downturn in demand caused by the Covid-19 outbreak.Country Garden Holdings, the largest seller of homes in China, said its building and sales progress may be exposed to short-term\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-heres-whats-in-wanda-and-sunac-after-chinas-largest-single-property-deal\/","url_meta":{"origin":135569,"position":4},"title":"Explainer: Here\u2019s what\u2019s in Wanda and Sunac after China\u2019s largest single property deal","date":"July 12, 2017","format":false,"excerpt":"\r Wang Jianlin, China\u2019s wealthiest magnate, this week announced a surprise sale of the majority of his hotel and tourism portfolio for 63 billion yuan to Sunac China. Wang Jianlin sells most of Wanda hotel and tourism portfolio to rival magnate for US$9.3 billion Sunac, founded by Shanxi tycoon Sun\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61196,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-sunac-rope-in-guangzhou-rampf-into-chinas-largest-real-estate-transaction\/","url_meta":{"origin":135569,"position":5},"title":"Wanda, Sunac rope in Guangzhou R&amp;F into China\u2019s largest real estate transaction","date":"July 19, 2017","format":false,"excerpt":"\r Wanda Group and Sunac China have roped in Guangzhou R&F Properties as a partner in the country\u2019s largest real estate transaction. Wanda had agreed last week to sell 76 hotels and theme parks to Sunac for 63 billion yuan (US$9.3 billion). At a signing ceremony in Beijing, R&F\u2019s name\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135569"}],"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=135569"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135569\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=135569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=135569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=135569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}