Sunac China rises as debt restructuring nears completion

Sunac China Holdings

18/12/2025 06:56

** Shares of Sunac China Holdings 1918.HK rise 3.1% to HK$1.34, mark their biggest intraday pct gain since December 10

** Stock rises for a third consecutive session as the company will no longer be liable to its existing $9.6 billion debt after restructuring

** The Chinese property group says it expects the restructuring effective date of an offshore debt restructuring to be on December 23, subject to the satisfaction or waiver of the restructuring conditions

** Company also says it will no longer be liable to its existing $9.6 billion debt

** YTD, stock down 43%, while Hang Seng Mainland Properties Index .HSMPI up 6.8%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))