{"id":70414,"date":"2017-10-30T16:51:47","date_gmt":"2017-10-30T09:51:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hongbin-from-outside-top-50-to-chinas-fourth-richest-property-tycoon-in-just-12-months\/"},"modified":"2017-10-30T17:02:57","modified_gmt":"2017-10-30T10:02:57","slug":"sun-hongbin-from-outside-top-50-to-chinas-fourth-richest-property-tycoon-in-just-12-months","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hongbin-from-outside-top-50-to-chinas-fourth-richest-property-tycoon-in-just-12-months\/","title":{"rendered":"Sun Hongbin: from outside top 50 to China\u2019s fourth-richest property tycoon in just 12 months"},"content":{"rendered":"


\nA series of aggressive asset purchases over the past year has propelled real estate magnate Sun Hongbin into China\u2019s top five property billionaires, from outside the top 50, 12 month ago.
\nHis sweeping ascendancy is part of a reshuffle at the top of China\u2019s property wealth ladder, reflected in the annual Hurun property entrepreneurs list, released on Monday.
\nThe list also saw Wanda Group Wang Jianlin, top rich person for last year\u2019s ranking, sliding into the third place,…
\n
\nSource : South China Morning Post
\nRead more…Sun Hongbin: from outside top 50 to China\u2019s fourth-richest property tycoon in just 12 months<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A series of aggressive asset purchases over the past year has propelled real estate magnate...<\/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-70414","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-ijI","jetpack-related-posts":[{"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":70414,"position":0},"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 "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":70414,"position":1},"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":[]},{"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":70414,"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":61042,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-becomes-the-latest-to-be-scrutinised-by-china-regulators\/","url_meta":{"origin":70414,"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 "Property News"","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":70414,"position":4},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stock-in-chinas-sunac-plunges-after-it-seeks-to-raise-us1-billion-through-share-placement\/","url_meta":{"origin":70414,"position":5},"title":"Stock in China\u2019s Sunac plunges after it seeks to raise US$1 billion through share placement","date":"December 15, 2017","format":false,"excerpt":"\r Shares of property developer Sunac China Holdings slumped by as much as 10 per cent on Friday after it said it would raise HK$7.82 billion (US$1 billion) through a share placement. The firm, chaired by billionaire Sun Hongbin, has agreed to sell 251.5 million shares at HK$31.1 each, an\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\/70414"}],"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=70414"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/70414\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=70414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=70414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=70414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}