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Chinese Property Developers Rise as Sunac Advances Plan for Debt Restructuring

Por: MarketWatch Business December 09, 2022

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Among blue chips, China Resources Land Ltd., Longfor Group Holdings Ltd., China Overseas Land & Investment Ltd. and Country Garden Holdings Co. were some of the top gainers, adding between 7.3% and 10% by the midday trading break. The Hang Seng Mainland Properties index gained 7.3%, outshining the benchmark Hang Seng Index's 1.6% increase. Tianjin-based Sunac -- once viewed as one of China's strongest private developers before a... + full article



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