{"id":61310,"date":"2017-07-20T18:09:59","date_gmt":"2017-07-20T11:09:59","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-shares-soar-after-it-quit-plans-to-buy-wandas-hotel-assets\/"},"modified":"2017-07-20T18:19:00","modified_gmt":"2017-07-20T11:19:00","slug":"sunac-shares-soar-after-it-quit-plans-to-buy-wandas-hotel-assets","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-shares-soar-after-it-quit-plans-to-buy-wandas-hotel-assets\/","title":{"rendered":"Sunac shares soar after it quit plans to buy Wanda\u2019s hotel assets"},"content":{"rendered":"


\nShare prices of Sunac China Holdings and Guangzhou R&F Properties, the original and new buyers of Wanda Group\u2019s hotel assets, surged on Thursday.
\nSunac China\u2019s Hong Kong-traded stock surged as much as 18 per cent in the morning, before scaling back to close 14.2 per cent up at HK$19.64.
\nR&F gained 6.8 per cent to close at HK$13.80, while those of Wanda Hotel Development, the Hong Kong-listed unit of Wanda Group, also gained 6.5 per cent to 82 HK cents.
\nWanda\u2019s US$9.3b…
\n
\nSource : South China Morning Post
\nRead more…Sunac shares soar after it quit plans to buy Wanda\u2019s hotel assets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Share prices of Sunac China Holdings and Guangzhou R&F Properties, the original and new buyers...<\/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-61310","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-fWS","jetpack-related-posts":[{"id":61638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-seeks-us537-million-in-share-placement-after-wanda-acquisition\/","url_meta":{"origin":61310,"position":0},"title":"Sunac seeks US$537 million in share placement after Wanda acquisition","date":"July 24, 2017","format":false,"excerpt":"\r Sunac China, one of the country\u2019s most indebted developers, is raising up to HK$4.2 billion (US$537 million) in a share placement after it agreed to buy Dalian Wanda Group\u2019s tourism projects for 43.8 billion yuan last week. Sunac China is selling 220 million shares, priced between HK$18.33 to HK$19.10\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60374,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-deal-gives-sunac-plenty-of-room-to-expand\/","url_meta":{"origin":61310,"position":1},"title":"Wanda deal gives Sunac plenty of room to expand","date":"July 11, 2017","format":false,"excerpt":"\r Sunac China said its US$9.3 billion acquisition of hotels and tourism projects from Dalian Wanda Group will give it 50 million square metres of saleable stock for expanding its property empire. Sunac, the seventh-largest Chinese homebuilder, founded by Shanxi tycoon Sun Hongbin, saw its share price jump as much\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-heres-whats-in-wanda-and-sunac-after-chinas-largest-single-property-deal\/","url_meta":{"origin":61310,"position":2},"title":"Explainer: Here\u2019s what\u2019s in Wanda and Sunac after China\u2019s largest single property deal","date":"July 12, 2017","format":false,"excerpt":"\r Wang 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. Wang Jianlin sells most of Wanda hotel and tourism portfolio to rival magnate for US$9.3 billion Sunac, founded by Shanxi tycoon Sun\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60686,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunacs-shares-rally-as-investors-ignore-warnings-on-credit-ratings\/","url_meta":{"origin":61310,"position":3},"title":"Sunac\u2019s shares rally as investors ignore warnings on credit ratings","date":"July 14, 2017","format":false,"excerpt":"\r Investors are piling into Sunac China Holdings, pushing the shares of the country\u2019s biggest domestic buyer to a record, ignoring the warnings by the world\u2019s three dominant credit rating agencies on the rising default risks caused by its US$9.3 billion acquisitions of Wanda\u2019s assets. Sunac\u2019s shares jumped as much\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-conglomerate-dalian-wandas-hotel-division-to-sell-london-property-project\/","url_meta":{"origin":61310,"position":4},"title":"Chinese conglomerate Dalian Wanda\u2019s hotel division to sell London property project","date":"January 17, 2018","format":false,"excerpt":"\r Chinese conglomerate Dalian Wanda\u2019s hotel division is selling its property project in London, according to a stock exchange filing in Hong Kong late on Tuesday. Wanda Hotel Development said it would sell a 60 per cent stake in Wanda International Real Estate Investment, which was set up to invest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-shares-plunge-on-leecos-worsening-crisis\/","url_meta":{"origin":61310,"position":5},"title":"Sunac China shares plunge on LeEco\u2019s worsening crisis","date":"July 7, 2017","format":false,"excerpt":"\r Shares of Sunac China slumped in Hong Kong on Friday as investors fear that the developer could suffer a big loss from its 15 billion yuan (US$2.2 billion) bet on the cash-strapped LeEco Group, and would be forced to take over operations of the group\u2019s core business. Sunac shares\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\/61310"}],"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=61310"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61310\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=61310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=61310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=61310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}