Sunac China rises on creditors' nod to restructuring plan

Sunac China Holdings

15/10/2025 02:50

** Sunac China 1918.HK rises 3.9% to HK$1.61; set for biggest one-day pct gain since September 29

** Stock on course to snap two straight sessions of declines

** Chinese property developer's offshore debt restructuring plan approved by majority of creditors at court-convened meeting in Hong Kong, with 98.5% voting creditors, representing ~94.5% of total voting claims, backing plan

** Co says it would seek final approval from Hong Kong court at sanction hearing on November 5

** YTD, stock down ~32%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))