{"id":149854,"date":"2025-03-17T21:55:27","date_gmt":"2025-03-17T14:55:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-warns-of-us3-6-billion-loss-as-housing-slump-hurts-sales-assets\/"},"modified":"2025-03-17T22:28:15","modified_gmt":"2025-03-17T15:28:15","slug":"sunac-china-warns-of-us3-6-billion-loss-as-housing-slump-hurts-sales-assets","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-warns-of-us3-6-billion-loss-as-housing-slump-hurts-sales-assets\/","title":{"rendered":"Sunac China warns of US$3.6 billion loss as housing slump hurts sales, assets"},"content":{"rendered":"


\nWider losses in 2024 partly due to smaller one-off gain from onshore debt restructuring exercise compared with a year earlier.
\n
\nSource : South China Morning Post
\nRead more…Sunac China warns of US.6 billion loss as housing slump hurts sales, assets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wider losses in 2024 partly due to smaller one-off gain from onshore debt restructuring exercise...<\/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-149854","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-CZ0","jetpack-related-posts":[{"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":149854,"position":0},"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":133571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-buys-more-time-as-domestic-bondholders-agree-to-us2-3-billion-debt-rollover-plan\/","url_meta":{"origin":149854,"position":1},"title":"Sunac China buys more time as domestic bondholders agree to US$2.3 billion debt rollover plan","date":"January 5, 2023","format":false,"excerpt":"\r Sunac is buying an additional 3.5 years to repay local bondholders, a reprieve that may allow the developer to see out the current industry slump as Beijing turns more supportive of the players.\r \r Source : South China Morning Post\r Read more...Sunac China buys more time as domestic bondholders\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62557,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-to-sell-up-to-us1-billion-of-bonds-to-refinance-debt-from-its-shopping-spree-for-assets\/","url_meta":{"origin":149854,"position":2},"title":"Sunac to sell up to US$1 billion of bonds to refinance debt from its shopping spree for assets","date":"August 2, 2017","format":false,"excerpt":"\r Sunac China, one of the country\u2019s biggest asset buyers in the past year, is planning to sell up to US$1 billion in dollar-denominated bonds to raise funds to refinance its debt, after a six-month, 100 billion yuan (US$14.9 billion) shopping spree for theme parks, a video streaming company and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133547,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-sells-shenzhen-snow-park-project-to-state-owned-partner-to-tackle-us11-billion-debt-load\/","url_meta":{"origin":149854,"position":3},"title":"Sunac China sells Shenzhen snow park project to state-owned partner to tackle US$11 billion debt load","date":"January 4, 2023","format":false,"excerpt":"\r Sunac is rushing to sell more assets as the Chinese developer tackles US$11 billion of debt owed to offshore creditors.\r \r Source : South China Morning Post\r Read more...Sunac China sells Shenzhen snow park project to state-owned partner to tackle US billion debt load","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-seeks-us537-million-in-share-placement-after-wanda-acquisition\/","url_meta":{"origin":149854,"position":4},"title":"Sunac seeks US$537 million in share placement after Wanda acquisition","date":"July 24, 2017","format":false,"excerpt":"\r Sunac China, one of the country\u2019s most indebted developers, is raising up to HK$4.2 billion (US$537 million) in a share placement after it agreed to buy Dalian Wanda Group\u2019s tourism projects for 43.8 billion yuan last week. Sunac China is selling 220 million shares, priced between HK$18.33 to HK$19.10\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84136,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-makes-us2-62-billion-provision-for-investment-losses-related-to-leshi\/","url_meta":{"origin":149854,"position":5},"title":"Sunac China makes US$2.62 billion provision for investment losses related to Leshi","date":"March 29, 2018","format":false,"excerpt":"\r Sunac China has set aside 16.6 billion yuan (US$2.62 billion) for possible losses related to its investment and guarantees in the debt-laden Leshi Internet Information and Technology, after conceding that efforts to revitalise the company have been inconclusive. Sunac, the fourth-largest developer in China by sales value, announced the\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\/149854"}],"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=149854"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149854\/revisions"}],"predecessor-version":[{"id":149855,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149854\/revisions\/149855"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=149854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=149854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=149854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}