{"id":60434,"date":"2017-07-11T20:02:56","date_gmt":"2017-07-11T13:02:56","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-reasons-why-wang-jianlin-gave-up-on-his-boast-to-beat-disney-in-china\/"},"modified":"2017-07-11T20:12:12","modified_gmt":"2017-07-11T13:12:12","slug":"three-reasons-why-wang-jianlin-gave-up-on-his-boast-to-beat-disney-in-china","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-reasons-why-wang-jianlin-gave-up-on-his-boast-to-beat-disney-in-china\/","title":{"rendered":"Three reasons why Wang Jianlin gave up on his boast to beat Disney in China"},"content":{"rendered":"<p>&#013;<br \/>\nWanda Group\u2019s surprising disposal of US$9.3 billion worth of assets to Sunac China Holdings has raised plenty of unanswered questions among China\u2019s business circles after official explanations from the two companies failed to fully convince a sceptical market.<br \/>\nAt the centre of the mystery is the enormous costto Wanda of its divestment, with chairman Wang Jianlin\u2019s only official explanation being to \u201creduce debt\u201d and adopt an \u201casset-light\u201d business model&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2102207\/three-reasons-why-wang-jianlin-gave-his-boast-beat-disney\" target=\"_blank\">Three reasons why Wang Jianlin gave up on his boast to beat Disney in China<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Wanda Group\u2019s surprising disposal of US$9.3 billion worth of assets to Sunac China Holdings has&#46;&#46;&#46;<\/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-60434","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-fIK","jetpack-related-posts":[{"id":60300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wang-jianlin-sells-most-of-wanda-hotel-and-tourism-portfolio-to-rival-magnate-for-us9-3-billion\/","url_meta":{"origin":60434,"position":0},"title":"Wang Jianlin sells most of Wanda hotel and tourism portfolio to rival magnate for US$9.3 billion","date":"July 10, 2017","format":false,"excerpt":"\r Wanda Group, one of China\u2019s most aggressive overseas asset buyers of recent years, has announced the disposal of the majority of magnate Wang Jianlin\u2019s hotel and tourism portfolio to a rival, in the country\u2019s biggest single property transaction, as it raises funds to repay loans. Wanda will sell 76\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14860,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wang-jianlin-offers-hk52-8-a-share-to-delist-dalian-wanda-commercial-properties-from-hong-kong\/","url_meta":{"origin":60434,"position":1},"title":"Wang Jianlin offers HK$52.8  a share to delist Dalian Wanda Commercial Properties from Hong Kong","date":"May 30, 2016","format":false,"excerpt":"\r Dalian Wanda Group, chaired by billionaire Wang Jianlin, is offering HK$52.80 per share to buy out owners and privatise its Hong Kong-listed property unit, Dalian Wanda Commercial Properties, the latter said in a filing to the Hong Kong stock exchange on Monday morning.\r \r Source : South China Morning\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144585,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-did-wanda-founder-wang-jianlin-escape-the-wave-that-swept-away-embattled-evergrande-property-tycoon-hui-ka-yan\/","url_meta":{"origin":60434,"position":2},"title":"How did Wanda founder Wang Jianlin escape the wave that swept away embattled Evergrande property tycoon Hui Ka Yan?","date":"May 31, 2024","format":false,"excerpt":"\r Wanda Group founder Wang Jianlin turned to a \u2018light-asset\u2019 model in 2017, helping him avoid the same fate as Hui Ka Yan, the embattled founder of indebted real estate developer Evergrande Group.\r \r Source : South China Morning Post\r Read more...How did Wanda founder Wang Jianlin escape the wave\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59354,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-opens-city-size-theme-park-in-harbin-as-wang-jianlin-mum-on-loan-check-mystery\/","url_meta":{"origin":60434,"position":3},"title":"Wanda opens city-size theme park in Harbin as Wang Jianlin mum on loan check mystery","date":"June 30, 2017","format":false,"excerpt":"\r Wanda Group, the property to entertainment conglomerate owned by China\u2019s richest man Wang Jianlin, on Friday opened Wanda City in Harbin, its third such theme park as part of a major push into China\u2019s leisure industry. Harbin Wanda City, the largest recreation project in the country\u2019s northeastern region, features\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22905,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shareholders-approve-plan-by-chinese-billionaire-wang-jianlin-to-delist-wanda-commercial-from-hong-kong\/","url_meta":{"origin":60434,"position":4},"title":"Shareholders approve plan by Chinese billionaire Wang Jianlin to delist Wanda Commercial from Hong Kong","date":"August 15, 2016","format":false,"excerpt":"\r Billionaire Wang Jianlin\u2019s HK$34 billion plan to buy back his Dalian Wanda Commercial Properties was approved by shareholders on Monday, a big step forward in the tycoon\u2019s plan to relist his Hong Kong listed property arm on the Chinese mainland.\r \r Source : South China Morning Post\r Read more...Shareholders\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74940,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-founder-wang-jianlin-vows-to-speed-up-openings-to-hit-1000-mall-target-in-10-years\/","url_meta":{"origin":60434,"position":5},"title":"Wanda founder Wang Jianlin vows to speed up openings to hit 1,000 mall target in 10 years","date":"December 20, 2017","format":false,"excerpt":"\r Mainland Chinese billionaire Wang Jianlin has vowed to accelerate the opening of his flagship malls to hit 1,000 by 2028 as he announced an upcoming cooperation with retailer Suning Commerce Group in his first high-profile speech after dumping the bulk of his domestic assets in July. \u201cThe expansion of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/60434"}],"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=60434"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/60434\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=60434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=60434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=60434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}