Sunac China, one of China’s most aggressive and indebted propery developers has become the latest to be investigated by banking regulators. Photo: Reuters

China’s lending scrutiny spreads, catching asset buyer Sunac in its wake

China’s banking regulator has ordered commercial banks to check out the developer’s credit exposure, which has been on an aggressive buying spree

Topic |   Mergers & Acquisitions

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Sunac China, one of China’s most aggressive and indebted propery developers has become the latest to be investigated by banking regulators. Photo: Reuters
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Xie Yu

Xie Yu

Xie Yu joined the Post in 2015. She is the chief China finance reporter, covering the economy and development of financial markets.

Summer Zhen

Summer Zhen

Summer Zhen is a business reporter covering the property markets in mainland China and Hong Kong as well as cross-border investments and the financial markets. Born in Shanghai, she holds a master's degree in Journalism from the University of Hong Kong and is a graduate of Waseda University in Japan. She has also studied in the US. A winner in the "Best Young Reporter" category at the 2014 Hong Kong News Awards, Summer previously worked for Phoenix TV and Ming Pao.