Fángdìchǎn wēijī zhōng, Róngchuàng yě xiànrù le zhàiwù kùnjìng.
In the property crisis Sunac, too, sank into debt trouble.
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history
Founded in Tianjin in 2003 by 孙宏斌, it grew fast by buying other developers' projects. In 2022 it defaulted on its dollar bonds, one of the many developers caught in the crisis that 恒大 set off.