{"id":110034,"date":"2019-08-20T09:24:14","date_gmt":"2019-08-20T02:24:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/iconic-dragons-head-building-in-beijing-once-owned-by-fugitive-guo-wengui-sells-at-big-discount\/"},"modified":"2019-08-20T10:07:34","modified_gmt":"2019-08-20T03:07:34","slug":"iconic-dragons-head-building-in-beijing-once-owned-by-fugitive-guo-wengui-sells-at-big-discount","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/iconic-dragons-head-building-in-beijing-once-owned-by-fugitive-guo-wengui-sells-at-big-discount\/","title":{"rendered":"Iconic dragon\u2019s head building in Beijing once owned by fugitive Guo Wengui sells at big discount"},"content":{"rendered":"


\nAn iconic Beijing office tower in the shape of a dragon\u2019s head has been sold for a discount during an online auction, as bankers and creditors succeeded on their third attempt to dispose of the asset to recover some of the 3 billion yuan (US$425 million) owed by the fugitive Guo Wengui.Pangu Plaza Tower 5, which houses IBM China\u2019s office next to the Bird\u2019s Nest Olympic Stadium in the Chinese capital, was sold for 5.187 billion yuan during a 24-hour auction on Taobao, the country\u2019s largest e\u2026
\n
\nSource : South China Morning Post
\nRead more…Iconic dragon\u2019s head building in Beijing once owned by fugitive Guo Wengui sells at big discount<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

An iconic Beijing office tower in the shape of a dragon\u2019s head has been sold...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-110034","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sCK","jetpack-related-posts":[{"id":109151,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/creditors-put-fugitive-guo-wenguis-dragon-head-shaped-pangu-plaza-on-the-auction-block-at-a-steep-discount-to-recoup-debt\/","url_meta":{"origin":110034,"position":0},"title":"Creditors put fugitive Guo Wengui\u2019s dragon head-shaped Pangu Plaza on the auction block at a steep discount to recoup debt","date":"July 19, 2019","format":false,"excerpt":"\r An iconic office and hotel building in Beijing formerly controlled by the Chinese fugitive Guo Wengui will go on the auction block on August 19, as his creditors sell his forfeited assets to recoup debt.Pangu Plaza Tower 5, a 39-storey building shaped like a dragon\u2019s head next to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56530,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-chinese-billionaire-in-self-imposed-exile-is-attacking-beijing-on-twitter-from-new-york\/","url_meta":{"origin":110034,"position":1},"title":"A Chinese billionaire in self-imposed exile is attacking Beijing on Twitter from New York","date":"May 31, 2017","format":false,"excerpt":"\r Billionaire Guo Wengui is attacking China\u2019s powerful and wealthy on Twitter, N.Y. Times reports.\r \r Source : cnbc.com\r Read more...A Chinese billionaire in self-imposed exile is attacking Beijing on Twitter from New York","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112404,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-rundown-beijing-home-with-standing-room-only-space-sells-for-record-in-a-sign-of-desperation-for-hukou-in-the-chinese-capital\/","url_meta":{"origin":110034,"position":2},"title":"A rundown Beijing home with standing-room only space sells for record, in a sign of desperation for hukou in the Chinese capital","date":"November 16, 2019","format":false,"excerpt":"\r A subdivided home in a run-down alley in Beijing recently sold for a record price at auction, as eager buyers piled in to get hold of its much sought-after address to gain access to some of the Chinese capital\u2019s best schools.A subdivided unit at No. 121 Lanman Hutong, about\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27634,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-success-as-innovation-hub-seen-by-some-as-model-for-all-of-china\/","url_meta":{"origin":110034,"position":3},"title":"Shenzhen\u2019s success as innovation hub seen by some as model for all of China","date":"September 28, 2016","format":false,"excerpt":"\r Last year Steve Guo, an engineer in his 40s living in Shenzhen, China\u2019s hub for technology innovation, sold two small units and bought a four-bedroom apartment through mortgage loans. The two old properties sold for a total of about 7 million yuan while the new one cost almost 12\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70400,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guangzhou-is-chinas-most-liveable-city-according-to-un-habitat-report\/","url_meta":{"origin":110034,"position":4},"title":"Guangzhou is China\u2019s most liveable city, according to UN-Habitat report","date":"October 30, 2017","format":false,"excerpt":"\r Hebe Guo, a 30-year-old PR manager, and her husband, a financial manager in a state-run bank, are moving from Shenzhen to Guangzhou, because of the gap in residential property prices in the two Chinese first-tier cities. Property in Shenzhen is much more expensive even though Guangzhou is already among\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124357,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-house-on-the-peak-formerly-owned-by-bankrupt-hna-group-sells-at-a-loss-of-us15-4-million\/","url_meta":{"origin":110034,"position":5},"title":"Luxury house on The Peak formerly owned by bankrupt HNA Group sells at a loss of US$15.4 million","date":"January 26, 2022","format":false,"excerpt":"\r A luxury house on The Peak in Hong Kong has reportedly been sold by creditors of the bankrupt Chinese conglomerate HNA Group at a loss of some HK$120 million (US$15.4 million).House 6 at Twelve Peaks in the exclusive neighbourhood was sold to Guo Deying, who shares the same name\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110034"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=110034"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110034\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}