China Developer Sunac Raises $953 Million in Share Sale Combo
The Sunac China Holdings Ltd. logo on a crane at one of the company\'s construction sites in Beijing.
Photographer: Tomohiro Ohsumi/BloombergThis article is for subscribers only.
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Sunac China Holdings Ltd. raised $953 million through the sale of new shares as well as a stake in its property management unit, the latest Chinese developer to seek funds amid an industry-wide liquidity crunch.