A meteoric 173% surge this month in Sunac China Holdings Ltd.’s shares may be due for a reversal given that the distressed developer’s fundamentals remain weak, analysts say.
Once the country’s fourth-largest builder by sales, Sunac has become the top performer in a gauge of Chinese property stocks in September, putting it on track for its best month on record. The gains trounce the 5.4% rise in the developer index as well as an advance in a broader Chinese equities benchmark.
Asian stocks gained in early trading as investors ready for a week that includes key US inflation data and the...
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December 7, 2023 7:14 AM | 2 min read "Finish 2023 Strong With 3 Hot Stock Ideas - Practically Free"...
This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets were mixed as Japan's third-quarter GDP was revised downward in...
There’s been a more negative tone for European markets today after the solid session from yesterday, with the weakness in...
