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Did Sunac withdraw from Qingdao?

Withdrawn. Sunac announced that it would suspend trading from November 14, 2022, and withdraw from Qingdao, Shandong Province. It still has many projects in Qingdao that are still for sale and undelivered, and there is no explanation of how to deal with them. Qingdao, also known as Daocheng, Qindao and Jiaoao, is a prefecture-level city, sub-provincial city, separately planned city and megacity under the jurisdiction of Shandong Province, China.