{"id":65200,"date":"2017-09-01T18:30:41","date_gmt":"2017-09-01T11:30:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-magnate-sun-hongbin-says-his-15-billion-yuan-leeco-bailout-brought-tears-to-his-eyes\/"},"modified":"2017-09-01T18:30:57","modified_gmt":"2017-09-01T11:30:57","slug":"chinese-magnate-sun-hongbin-says-his-15-billion-yuan-leeco-bailout-brought-tears-to-his-eyes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-magnate-sun-hongbin-says-his-15-billion-yuan-leeco-bailout-brought-tears-to-his-eyes\/","title":{"rendered":"Chinese magnate Sun Hongbin says his 15 billion yuan LeEco bailout brought tears to his eyes"},"content":{"rendered":"<p>&#013;<br \/>\nSun 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.<br \/>\nSunac bought more than a dozen theme parks from tycoon Wang Jianlin\u2019s Dalian Wanda Group in July for 43.8 billion yuan, part of the largest real estate transaction in the country\u2019s corporate history.<br \/>\nBut if there&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/article\/2109380\/chinese-magnate-sun-hongbin-says-his-15-billion-yuan-leeco-bailout-brought\" target=\"_blank\">Chinese magnate Sun Hongbin says his 15 billion yuan LeEco bailout brought tears to his eyes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Sun Hongbin is nothing if not indefatigable. The real estate magnate, exonerated from a four-year&#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-65200","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-gXC","jetpack-related-posts":[{"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":65200,"position":0},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105549,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beijing-unlikely-to-loosen-property-price-controls-says-sun-hongbin-boss-of-construction-giant-sunac-china\/","url_meta":{"origin":65200,"position":1},"title":"Beijing unlikely to loosen property price controls, says Sun Hongbin, boss of construction giant Sunac China","date":"March 29, 2019","format":false,"excerpt":"\r Sunac China Holdings, mainland China\u2019s fourth largest developer, is not optimistic about the country\u2019s property market.The company expects to generate 550 billion yuan (US$81.8 billion) from home sales this year. Although that would represent a 19 per cent rise, it would be a slower growth rate than last year\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49903,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-says-chinas-price-control-policies-are-the-toughest-ever\/","url_meta":{"origin":65200,"position":2},"title":"Sunac says China\u2019s price control policies are the \u2018toughest ever\u2019","date":"March 28, 2017","format":false,"excerpt":"\r Sunac China Holdings, with its first profit decline since 2010, said the country\u2019s home developers face unprecedented challenges from a government push to cap prices, underscoring its push to diversify its business with its January investment in LeEco. \u201cThis round of policy control has a particularly far-reaching effect on\u2026","rel":"","context":"In &quot;Property News&quot;","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":65200,"position":3},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunacs-15bn-yuan-investment-in-leeco-is-baffling-to-investors\/","url_meta":{"origin":65200,"position":4},"title":"Sunac\u2019s 15bn yuan investment in LeEco is baffling to investors","date":"January 18, 2017","format":false,"excerpt":"\r Sunac China Holdings has been confronted with consistent doubts from investors over its 15 billion yuan investment into cash-starved LeEco, with volatile share trading this week evidence of a mixed, if not baffling attitude toward the deal. The developer\u2019s Hong Kong-listed shares swung between big losses and minor gains\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60942,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leshi-picks-new-board-without-its-founder-as-picketing-debtors-disrupt-shareholders-meeting\/","url_meta":{"origin":65200,"position":5},"title":"Leshi picks new board without its founder, as picketing debtors disrupt shareholders\u2019 meeting","date":"July 17, 2017","format":false,"excerpt":"\r Leshi Internet Information & Technology Corp.\u2019s shareholders installed new members to their company\u2019s management board on Monday, trying to sever founder Jia Yueting\u2019s management involvement or boardroom control of the cash-starved video streaming service. Sun Hongbin, the Shanxi tycoon who poured 15 billion yuan (US$2.2 billion) to bail out\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\/65200"}],"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=65200"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/65200\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=65200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=65200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=65200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}