The construction site of Kaisa Plaza in Beijing. The developer found a white knight in Sunac, but many questions remain unanswered. Photo: Reuters The construction site of Kaisa Plaza in Beijing. The developer found a white knight in Sunac, but many questions remain unanswered. Photo: Reuters
The construction site of Kaisa Plaza in Beijing. The developer found a white knight in Sunac, but many questions remain unanswered. Photo: Reuters
Shirley Yam
Opinion

Opinion

Money Matters by Shirley Yam

Secrecy surrounding Sunac's Kaisa rescue puts HK's reputation at risk

Lack of disclosure benefits privileged few at the expense of minority shareholders as yields on Kaisa’s bonds rebound despite negative news

The construction site of Kaisa Plaza in Beijing. The developer found a white knight in Sunac, but many questions remain unanswered. Photo: Reuters The construction site of Kaisa Plaza in Beijing. The developer found a white knight in Sunac, but many questions remain unanswered. Photo: Reuters
The construction site of Kaisa Plaza in Beijing. The developer found a white knight in Sunac, but many questions remain unanswered. Photo: Reuters
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