News

Published on 30 Nov 2023 on Bloomberg via Yahoo Finance

China’s Shattered Property Bond Market Finds Hope in Sunac Deal


Article preview image

(Bloomberg) -- For two hours on an early February morning, Sunac China Holdings Ltd. Chief Financial Officer Gao Xi delivered a tirade against bondholders — hitting the table as he told them the distressed developer had already made its best offer.

Most Read from Bloomberg

Saudi Arabia Offers Iran Investment to Blunt Gaza WarCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Kissinger, Diplomat Who Defined US Foreign Policy, Dies at 100These Are the World's Most Expensive Cities to Live In Right NowBill Ackman Bets Fed Will Cut Interest Rates as Soon as First Quarter

LSE.ASHM price evolution
MIL.REY price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Elon Musk shares wild conspiracy as to why Ellen DeGeneres has left the United...

Bezos was quick to reply: “Nope. 100% not true.” “Well, then, I stand corrected,” Musk responded,...

The Independent US · via AOL 23 Nov 2024

SEC chief says he’ll step down when Biden leaves office - The Boston Globe

SEC Chair Gary Gensler, whose ambitious agenda drew fierce resistance from Wall Street and the...

The Boston Globe 22 Nov 2024

Bezos Hits Back at Musk in Sniping Over Tesla, SpaceX Holdings

(Bloomberg) -- Jeff Bezos has shot down Elon Musk’s claim that the Amazon.com Inc. founder told...

Bloomberg · via Yahoo News 21 Nov 2024

Adani Bribery Charges Add to Quebec Pension’s India Nightmare

Sign up here.Most Read from BloombergTrump Promises Could Have Seismic Impact on Washington...

Bloomberg · via Yahoo Finance 21 Nov 2024

Elon Musk and Jeff Bezos Are Fighting Again

Musk has also been dining at Mar-a-Lago pretty much every night. The place has become something o...

New York Magazine 21 Nov 2024

Airbnb host can't believe what he finds after guests' 2-week stay

A video about a woman who left an Airbnb home "the cleanest of any guest ever" has gone viral on...

Newsweek 20 Nov 2024

Is the Biden Administration Coming for Chrome?

The Justice Department is reportedly targeting Google’s web browser as its antitrust enforcers se...

New York Times 19 Nov 2024

How Much Is Jake Paul Worth? Here's How the YouTube Star Built His Empire — and...

Douglas P. DeFelice/Getty Jake Paul reacts after knocking...Orlando, Fla., on Dec. 15, 2023. In...

People · via AOL 15 Nov 2024

Disney is avoiding more political dust-ups, but Netflix is bringing the fight to...

Though most of Schwarzman's wealth is tied up in Blackstone, he also has a hush-hush family offic...

INSIDER · via Yahoo News 15 Nov 2024

Disney is avoiding more political dust-ups, but Netflix is bringing the fight to...

Though most of Schwarzman's wealth is tied up in Blackstone, he also has a hush-hush family offic...

Business Insider · via Yahoo News 15 Nov 2024