Property News · August 31, 2018

Sunac China has high hopes for holiday island Hainan, where it bought projects from troubled HNA


Sun Hongbin, chairman of Sunac China Holdings, has high hopes for development in Hainan province where the company has bought a slew of projects from the financially strained HNA Group on the island set to be turned into a free-trade port.
“Unlike other countries, the US for example, where you can go to Hawaii or Florida, China does not have many choices. Hainan is the best holiday spot,” said the tycoon.
“Thus, I am particularly optimistic about its development, not to…

Source : South China Morning Post
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