Sunac raises $259 million from top-up placement

The deal comes as the stock hits a record high and is the second share sale by a Hong Kong-listed Chinese property company in less than a week.

<div style="text-align: left;"> Sunac: focused on high-end property projects </div>

Anette Jönsson

January 22, 2013

Hong Kong-listed Sunac China Holdings last night raised HK$2.01 billion ($259 million) from a top-up placement, making it the second Chinese property developer to tap the equity capital markets in less than a week.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.