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View Full Version : Bain-Backed Sunac China Says Sales May Exceed $3.3 Billion on Rich Buyers - Bloomberg



NewsWhore
10-19-2011, 02:00 PM
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Bain-Backed Sunac China Says Sales May Exceed $3.3 Billion on Rich Buyers (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEMFLvgTfCbzfavjKTmz1QpasIWfQ&url=http://www.bloomberg.com/news/2011-10-19/bain-backed-sunac-china-says-sales-may-exceed-3-3-billion-on-rich-buyers.html)
Bloomberg
The valuation is preventing Sunac from additional stock offerings and the lack of foreign-currency holdings hampers any plan to buy back shares, which are traded in Hong Kong, Sun said. Gross profit margin for this year will be about 40 percent, ...

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