this post was submitted on 12 Mar 2026
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Chinese developer Sunshine 100 to oppose Hong Kong winding-up petition over US$205m debt (www.scmp.com)
submitted 3 weeks ago by rss@news.abolish.capital to c/china@news.abolish.capital
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Sunshine 100 China Holdings, a mainland Chinese developer facing debts amid China’s property sector downturn, said on Thursday that it plans to oppose a winding-up petition filed against it in Hong Kong. HTI Financial Solutions and Haitong International Financial Products filed the winding-up petition against the developer at the High Court of Hong Kong over an unpaid redemption sum of about US$205 million, including accrued interest, due on March 19, 2025, according to a Sunshine 100 filing...

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