Will the Real Estate Winter End? SUNAC and COUNTRY GARDEN Survive?
Deep News
Oct 24
As the real estate sector shifts back to its fundamentals, SUNAC and COUNTRY GARDEN are finding ways to break through their debt challenges. Notably, 98.5% of creditors have supported SUNAC's 56.7 billion debt restructuring, while COUNTRY GARDEN aims to recover by ensuring the delivery of 1.7 million homes. These two giants are striving to survive amid industry transformation, with creditors compelled to collaborate with the companies in their struggle for recovery.
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