Sunac China Set to Boost Capital with $155 Million Fundraising Placement

In a strategic move to enhance its financial positioning, Sunac China Holdings Ltd., one of the leading property developers in the nation, has announced plans for a top-up placement anticipated to raise approximately $155 million. This significant decision comes at a time when the Chinese real estate market is under intense scrutiny and pressure, prompting the company to shore up its capital in an effort to navigate ongoing economic challenges.

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