A recent filing with the Hong Kong Stock Exchange revealed that on February 24, a shareholder of SUNAC (01918) transferred shares from Citibank to Deutsche Bank AG. The transferred holdings had a market value of HK$769 million, representing 3.63% of the company's shares. Separately, SUNAC announced that on January 27, 2026, it will allot and issue approximately 899 million new shares in accordance with the zero-coupon mandatory convertible bonds due 2026, which were issued on December 23, 2025.