Sunac China Holdings’ logo at an exhibition in Hangzhou on May 25, 2015. Photo: China Daily/via Reuters
Sunac China Holdings’ logo at an exhibition in Hangzhou on May 25, 2015. Photo: China Daily/via Reuters

Sunac, Shimao and Oceanwide roiled in the capital markets amid concerns about ongoing cash crunch among China’s leveraged developers

  • Sunac Holdings’ shares and bonds slumped as the developer’s stakes in two companies were frozen by a Shenzhen district court
  • China high-yield bonds fall to the lowest level since September 2015, as Shimao and Oceanwide problems continue

Topic |   China property
Sunac China Holdings’ logo at an exhibition in Hangzhou on May 25, 2015. Photo: China Daily/via Reuters
Sunac China Holdings’ logo at an exhibition in Hangzhou on May 25, 2015. Photo: China Daily/via Reuters
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