Chinese property developers look to bite bullet and revamp onshore debt in 2025

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The story "Chinese property developers look to bite bullet and revamp onshore debt in 2025" was covered 4 hours ago by Channel News Asia, a news publisher based in Singapore.

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Chinese property developers look to bite bullet and revamp onshore debt in 2025 - Channel News Asia

Quick Summary:

HONG KONG: Progress by Chinese property developer Sunac towards a landmark restructuring deal for yuan bonds could open the gates to a flurry of debt agreements next year, as the sector gives up on returning to financial health anytime soon.

A man walks past the logo of property developer Sunac at a residential compound in Beijing, China, on Sep 19, 2023.

That figure includes all kinds of debt including loans, trust and payables, as well as onshore and offshore liabilities.