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Sunshine 100 Fights $205M Winding-Up Petition in Hong Kong

3/13/2026

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Summary

Story summary

Sunshine 100 China Holdings Limited, a Chinese property developer, opposes a winding-up petition in Hong Kong.
The petition is brought by HTI Financial Solutions and Haitong International over a redemption sum of US$205 million due March 19, 2025.
Sunshine 100 will seek legal advice about a validation order to continue trading.
The High Court hearing is set for May 20.
The petition may harm the company's value and stakeholders.

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Story summary

Sunshine 100 China Holdings Limited, a Chinese property developer, opposes a winding-up petition in Hong Kong.
The petition is brought by HTI Financial Solutions and Haitong International over a redemption sum of US$205 million due March 19, 2025.
Sunshine 100 will seek legal advice about a validation order to continue trading.
The High Court hearing is set for May 20.
The petition may harm the company's value and stakeholders.