ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Stocks

Sunac China shares tumble on capital increase plan

Doubts emerge about company's financial health

  © Reuters

HONG KONG -- Real estate developer Sunac China Holdings plummeted on the stock market here Friday after it announced plans for a capital increase, raising worries that the company that has actively invested in other corporations facing financial challenges may itself be in trouble.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more