{"id":172374,"date":"2026-08-15T13:00:10","date_gmt":"2026-08-15T06:00:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reclusive-chinese-billionaire-strikes-us33m-deal-to-take-over-shanghai-hotel\/"},"modified":"2026-08-15T15:52:06","modified_gmt":"2026-08-15T08:52:06","slug":"reclusive-chinese-billionaire-strikes-us33m-deal-to-take-over-shanghai-hotel","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reclusive-chinese-billionaire-strikes-us33m-deal-to-take-over-shanghai-hotel\/","title":{"rendered":"Reclusive Chinese billionaire strikes US$33m deal to take over Shanghai hotel"},"content":{"rendered":"


\nChina\u2019s first online gaming billionaire has acquired the Mia Hotel in downtown Shanghai in a deal worth about 220 million yuan (US$32.6 million), becoming one of the latest investors to bet on a turnaround in the country\u2019s long-suffering property market.
\nChen Tianqiao \u2013 a reclusive entrepreneur known for his global investment portfolio \u2013 bought the hotel from Singapore-headquartered investment firm GLP at a below-market price, with analysts describing the deal as a \u201csound investment\u201d.
\nThe…
\n
\nSource : South China Morning Post
\nRead more…Reclusive Chinese billionaire strikes USm deal to take over Shanghai hotel<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s first online gaming billionaire has acquired the Mia Hotel in downtown Shanghai in a...<\/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-172374","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-IQe","jetpack-related-posts":[{"id":121775,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-billionaires-company-gets-20000-penalty-over-56-4m-northland-investment\/","url_meta":{"origin":172374,"position":0},"title":"Shanghai billionaire's company gets $20,000 penalty over $56.4m Northland investment","date":"September 1, 2021","format":false,"excerpt":"\r A company owned by a Shanghai billionaire has been fined $20,000 for failing to get consent after a shareholding change affecting ownership of the 1118ha Carrington Estate on the picturesque Karikari Peninsula in Northland.Damien...\r \r Source : nzherald.co.nz\/Property\r Read more...Shanghai billionaire's company gets ,000 penalty over .4m Northland investment","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102453,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/blackstone-buys-shanghai-office-and-mall-project-from-singapores-mapletree-investments-for-us1-25-billion\/","url_meta":{"origin":172374,"position":1},"title":"Blackstone buys Shanghai office and mall project from Singapore\u2019s Mapletree Investments for US$1.25 billion","date":"December 21, 2018","format":false,"excerpt":"\r The Blackstone Group has bought an office and retail complex in Shanghai from Mapletree Investments of Singapore for about US$1.25 billion \u2013 the latest mega deal in China\u2019s commercial property sector clinched by offshore investors. The US investment firm, founded by the billionaire Steve Schwarzman, has completed the purchase\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158283,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/super-rich-investors-eye-shanghai-hotels-for-scarcity-value-tourism-appeal\/","url_meta":{"origin":172374,"position":2},"title":"Super-rich investors eye Shanghai hotels for scarcity value, tourism appeal","date":"July 28, 2025","format":false,"excerpt":"\r China\u2019s billionaire investors are looking to pick up luxury hotels in Shanghai while institutional investors like insurers and real estate investment funds and private equity giants take a back seat, as economic stability rekindles risk appetite, according to JLL. The super-rich are eyeing hotels in prime locations in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124263,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tycoon-kadoorie-to-boost-stake-in-peninsula-hotel-operator-for-us337-million-triggering-a-record-stock-rally\/","url_meta":{"origin":172374,"position":3},"title":"Hong Kong tycoon Kadoorie to boost stake in Peninsula hotel operator for US$337 million, triggering a record stock rally","date":"January 17, 2022","format":false,"excerpt":"\r Billionaire Michael Kadoorie is paying almost double the market price to boost his family\u2019s stake in the Hong Kong and Shanghai Hotels that owns the Peninsula hotel in the city. The stock surged by the most in more than two decades.The family has agreed to buy 205.3 million shares\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57972,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fosun-joins-mattel-to-put-ken-and-barbie-into-chinas-club-med-resorts\/","url_meta":{"origin":172374,"position":4},"title":"Fosun joins Mattel to put Ken and Barbie into China\u2019s Club Med resorts","date":"June 15, 2017","format":false,"excerpt":"\r Fosun Group, one of China\u2019s most acquisitive conglomerates, has teamed up with Barbie doll maker Mattel to set up a network of learn and play clubs for children and families across its luxury Club Med resorts on the mainland. It is the latest effort by the Shanghai owner of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137194,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-languang-forced-to-delist-in-shanghai-with-peers-to-follow-as-property-market-crisis-reverberates\/","url_meta":{"origin":172374,"position":5},"title":"Chinese developer Languang forced to delist in Shanghai, with peers to follow as property-market crisis reverberates","date":"June 1, 2023","format":false,"excerpt":"\r Sichuan Languang Development, once hailed as a top investment value, is the first of a wave of delistings that could further dampen home-buying sentiment, analysts say.\r \r Source : South China Morning Post\r Read more...Chinese developer Languang forced to delist in Shanghai, with peers to follow as property-market crisis\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\/172374"}],"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=172374"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172374\/revisions"}],"predecessor-version":[{"id":172375,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172374\/revisions\/172375"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}