Sunac China shares, bonds sink after liquidation petition filed …
1 day ago · The petition was filed by a unit of state-owned asset manager China Cinda Asset Management and a hearing is scheduled for March 19, the Hong Kong judiciary's website showed late on Thursday.
Chinese developer Sunac’s shares tumble 26% after liquidation …
1 day ago · The company said in a filing that the petition was issued by a Hong Kong unit of Cinda Asset Management, a state-owned bad-debt manager, and that a hearing was scheduled for March 19.
Indebted developer Sunac China faces liquidation threat in Hong …
1 day ago · The petition was filed by China Cinda (HK) Asset Management and a hearing on the matter has been scheduled for March 19, according to a record on the city’s judiciary website.
China Mulls Moving Cinda Stake to Sovereign Wealth Fund in …
Dec 9, 2024 · (Bloomberg) -- The Chinese government plans to transfer ownership in one of the nation’s biggest bad-debt managers to a unit of its sovereign wealth fund in coming weeks as part of a regulatory overhaul, according to people familiar with the matter.
Developer Sunac China Gets Liquidation Petition, Hong Kong …
2 days ago · US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. ... The petition has been filed by a unit of asset manager China Cinda Asset Management, and a ...
Developer Sunac China Receives Liquidation Petition in Hong Kong
1 day ago · The so-called winding-up petition was filed by China Cinda HK Asset Management Co., and a hearing is scheduled to take place on March 19, the website shows. Have a confidential tip for our ...
PwC defections continue as China Cinda Asset Management …
Jun 3, 2024 · State-owned China Cinda Asset Management has become the latest major company to terminate its contract with PwC, after at least five big firms recently cut ties with the auditor amid...
China mulls moving Cinda stake to sovereign wealth fund in weeks
Dec 9, 2024 · The Ministry of Finance is currently going through the process to move its holdings in China Cinda Asset Management to Central Huijin Investment, the people said, asking not to be identified as the matter is private. The plan is in its final …
China to merge three major asset managers into China …
Jan 29, 2024 · China plans to merge three of the nation's biggest bad debt managers into sovereign wealth fund China Investment Corp (CIC) (CIC.UL), state-run Xinhua Finance News reported, as part of a plan...
China considering moving Cinda stake to sovereign wealth fund …
Dec 9, 2024 · The Ministry of Finance is planning to transfer ownership its holdings in China Cinda Asset Management Co to Central Huijin Investment Ltd, a unit of its sovereign wealth fund, in coming weeks as part of a regulatory overhaul.