Sunac China Holdings Group has suspended trading of its 7 corporate bonds since June 3, with a total amount exceeding 10 billion yuan.
The announcement released by Xuhui Group Limited, a subsidiary of Xuhui Holdings Group, stated that in order to make proper arrangements for the subsequent debt repayment, a total of 7 corporate bonds, including PR Xuhui 01, have been suspended from trading since June 3rd. The 7 corporate bonds are PR Xuhui 01, H20 Xuhui 2, PR Xuhui 03, H21 Xuhui 1, H21 Xuhui 2, H21 Xuhui 3, and H22 Xuhui 1, with a total amount of approximately 100.6 billion yuan. These are all the outstanding corporate bonds under Xuhui Holdings Group.
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