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Stock impact report

Chinese Property Crisis Just Won't Go Away, Sunac's Case Shows [Yahoo! Finance]

Houlihan Lokey, Inc. Class A (HLI) 
Last houlihan lokey, inc. class a earnings: 2/3 04:15 pm Check Earnings Report
US:NYSE Investor Relations: hl.com/us/pressreleases.aspx
Company Research Source: Yahoo! Finance
all over again, as it joins a growing number of builders facing persistent liquidity problems amid a prolonged property crisis. Most Read from Bloomberg They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Why Did the Government Declare War on My Adorable Tiny Truck? Chicago Transit Faces ‘Doomsday Scenario,' Regional Agency Says LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs Libraries Warn They Could Be ‘Cut off at the Knees' by DOGE The company said it has begun offshore debt restructuring work and has appointed Houlihan Lokey (China) as financial adviser and Sidley Austin as legal adviser, according to a filing to the Hong Kong stock exchange. The move makes Sunac the first major Chinese builder to pursue a second-round restructuring since the debt crisis began. Sunac's woes highlight the challenges faced by many defaulted developers that don't have the liquidity to restructure their debt. Builders are still under pressure as home prices Show less Read more
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