{"id":60526,"date":"2017-07-12T14:56:21","date_gmt":"2017-07-12T07:56:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-heres-whats-in-wanda-and-sunac-after-chinas-largest-single-property-deal\/"},"modified":"2017-07-12T14:59:12","modified_gmt":"2017-07-12T07:59:12","slug":"explainer-heres-whats-in-wanda-and-sunac-after-chinas-largest-single-property-deal","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-heres-whats-in-wanda-and-sunac-after-chinas-largest-single-property-deal\/","title":{"rendered":"Explainer: Here\u2019s what\u2019s in Wanda and Sunac after China\u2019s largest single property deal"},"content":{"rendered":"


\nWang Jianlin, China\u2019s wealthiest magnate, this week announced a surprise sale of the majority of his hotel and tourism portfolio for 63 billion yuan to Sunac China.
\nWang Jianlin sells most of Wanda hotel and tourism portfolio to rival magnate for US$9.3 billion
\nSunac, founded by Shanxi tycoon Sun Hongbin, has spent at least 124 billion yuan (US$18 billion) in the last two years snapping up land bank and property projects around China, including Wanda\u2019s hotels and theme parks.
\nThree…
\n
\nSource : South China Morning Post
\nRead more…Explainer: Here\u2019s what\u2019s in Wanda and Sunac after China\u2019s largest single property deal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wang Jianlin, China\u2019s wealthiest magnate, this week announced a surprise sale of the majority of...<\/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-60526","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-fKe","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":60526,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78455,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-the-four-big-chinese-firms-investing-in-shopping-centre-operator-wanda-and-why-they-did-it\/","url_meta":{"origin":60526,"position":1},"title":"Explainer: the four big Chinese firms investing in shopping centre operator Wanda, and why they did it","date":"January 30, 2018","format":false,"excerpt":"\r Four of China\u2019s biggest companies \u2013 Tencent Holdings, JD.com, Sunac China Holdings and Suning Commerce Group \u2013 have invested a combined 34 billion yuan (US$5.4 billion) for a total 14 per cent stake in Wanda Commercial, the country\u2019s largest owner and operator of shopping malls and part of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61042,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-becomes-the-latest-to-be-scrutinised-by-china-regulators\/","url_meta":{"origin":60526,"position":2},"title":"Sunac becomes the latest to be scrutinised by China regulators","date":"July 18, 2017","format":false,"excerpt":"\r China\u2019s banking regulator has ordered commercial banks to scrutinise the credit exposure of Sunac China, the aggressive property developer which just took over the hotel and tourism portfolio worth US$9.3 billion from magnate Wang Jianlin\u2019s Wanda Group. Banking sources said banks had received a verbal order from the China\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60434,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-reasons-why-wang-jianlin-gave-up-on-his-boast-to-beat-disney-in-china\/","url_meta":{"origin":60526,"position":3},"title":"Three reasons why Wang Jianlin gave up on his boast to beat Disney in China","date":"July 11, 2017","format":false,"excerpt":"\r Wanda 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. At the centre of the mystery is the enormous costto Wanda\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61196,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-sunac-rope-in-guangzhou-rampf-into-chinas-largest-real-estate-transaction\/","url_meta":{"origin":60526,"position":4},"title":"Wanda, Sunac rope in Guangzhou R&amp;F into China\u2019s largest real estate transaction","date":"July 19, 2017","format":false,"excerpt":"\r Wanda Group and Sunac China have roped in Guangzhou R&F Properties as a partner in the country\u2019s largest real estate transaction. Wanda had agreed last week to sell 76 hotels and theme parks to Sunac for 63 billion yuan (US$9.3 billion). At a signing ceremony in Beijing, R&F\u2019s name\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-magnate-sun-hongbin-says-his-15-billion-yuan-leeco-bailout-brought-tears-to-his-eyes\/","url_meta":{"origin":60526,"position":5},"title":"Chinese magnate Sun Hongbin says his 15 billion yuan LeEco bailout brought tears to his eyes","date":"September 1, 2017","format":false,"excerpt":"\r Sun Hongbin is nothing if not indefatigable. The real estate magnate, exonerated from a four-year jail sentence for embezzlement, sprang back to build Sunac China over a decade into one of the country\u2019s most aggressive asset buyers and biggest property developers. Sunac bought more than a dozen theme parks\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\/60526"}],"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=60526"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/60526\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=60526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=60526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=60526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}