{"id":59989,"date":"2017-07-06T15:55:11","date_gmt":"2017-07-06T08:55:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-buys-stake-in-china-sports-to-tap-sports-facility-sector\/"},"modified":"2017-07-06T15:59:10","modified_gmt":"2017-07-06T08:59:10","slug":"chinese-developer-buys-stake-in-china-sports-to-tap-sports-facility-sector","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-buys-stake-in-china-sports-to-tap-sports-facility-sector\/","title":{"rendered":"Chinese developer buys stake in China Sports to tap sports facility sector"},"content":{"rendered":"


\nChina Aoyuan Property said it has offered to pay 3.3 billion yuan (US$485 million) for an estimated 22 per cent stake of China Sports Industry Group , in a bid to tap into the country\u2019s booming sports facility construction business.
\nThe Guangzhou-based homebuilder said it has submitted the tender on Wednesday, at a price of no less than 17.53 yuan per share, according to a filing to the Hong Kong stock exchange.
\nIn a separate statement to Shanghai stock exchange, China Sports said it…
\n
\nSource : South China Morning Post
\nRead more…Chinese developer buys stake in China Sports to tap sports facility sector<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Aoyuan Property said it has offered to pay 3.3 billion yuan (US$485 million) for...<\/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-59989","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-fBz","jetpack-related-posts":[{"id":53986,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-developer-greentown-agrees-to-sell-two-subsidiaries-for-3-47bn-yuan\/","url_meta":{"origin":59989,"position":0},"title":"China developer Greentown agrees to sell two subsidiaries for 3.47bn yuan","date":"May 7, 2017","format":false,"excerpt":"\r Hangzhou-based developer Greentown China Holdings, the country\u2019s ninth largest developer in terms of sales, has agreed to sell two wholly owned subsidiaries to China Investment for a combined 3.47 billion yuan (US$503 million), according to a Hong Kong stock exchange filing on Sunday. Greentown will sell its entire stake\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56090,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-land-sells-chongqing-assets-to-china-vanke-for-4-1-billion-yuan\/","url_meta":{"origin":59989,"position":1},"title":"Shui On Land sells Chongqing assets to China Vanke for 4.1 billion yuan","date":"May 27, 2017","format":false,"excerpt":"\r Shui On Land, the property developer founded by tycoon Vincent Lo Hong-sui, has sold one of its largest mixed commercial projects in mainland China for 4.1 billion yuan (US$596.3 million). In a statement to the Hong Kong stock exchange on Friday night, Shui On said it would reap a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103154,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/recovering-confidence-china-property-developer-buys-two-sites-in-beijing-shanghai-for-us1-8-billion\/","url_meta":{"origin":59989,"position":2},"title":"\u2018Recovering confidence\u2019: China property developer buys two sites in Beijing, Shanghai for US$1.8 billion","date":"January 21, 2019","format":false,"excerpt":"\r Sunac China Holdings, one of the country\u2019s biggest property developers, has bought two sites in Beijing and Shanghai worth 12.5 billion yuan (US$1.83 billion), it said on Monday. Sunac Real Estate, a subsidiary, has acquired a 100 per cent stake in Oceanwide Construction Holdings, a property unit of Shenzhen-listed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-china-developer-evergrande-increases-stake-in-shengjing-bank\/","url_meta":{"origin":59989,"position":3},"title":"Mainland China developer Evergrande increases stake in Shengjing Bank","date":"April 28, 2016","format":false,"excerpt":"\r Debt-laden mainland China developer Evergrande Real Estate said on Thursday it will pay 10 billion yuan (HK$ 11.9 billion) to increase its stake in Shengjing Bank to 27.24 per cent, further expanding its footprint in the financial sector.\r \r Source : South China Morning Post\r Read more...Mainland China developer\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-buys-majority-stake-in-site-above-metro-station-in-guangzhou-for-us690-million\/","url_meta":{"origin":59989,"position":4},"title":"New World Development buys majority stake in site above metro station in Guangzhou for US$690 million","date":"November 28, 2018","format":false,"excerpt":"\r Hong Kong property giant New World Development (NWD) has expanded its footprint in China\u2019s Greater Bay Area, by buying a majority stake in a prime land site above a Guangzhou metro station for 4.78 billion yuan (US$690 million). In a filing to the Hong Kong stock exchange on Tuesday,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71052,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raises-another-us9bn-to-cut-debt-ahead-of-shenzhen-listing\/","url_meta":{"origin":59989,"position":5},"title":"China Evergrande raises another US$9bn to cut debt ahead of Shenzhen listing","date":"November 6, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest property developer by sales, has raised another 60 billion yuan (US$9 billion) from strategic investors as it looks to further reduce debt ahead of the listing of its property arm, Hengda Real Estate, on the Shenzhen Stock Exchange. 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