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Sun Hongbin Sunac

HKEX to Re-educate Sun Hongbin on Exchange Rules and More Asia Real Estate Headlines

2017/10/27 by Michael Cole Leave a Comment

China’s property tycoons continue to fill the headlines for al the wrong reasons today, as the Hong Kong exchange rules that heavyweight contender Sun Hongbin needs some re-education on corporate governance. Naughtiness of other sorts is in the news in… Read More>>

Wang Jianlin Sun Hongbin Li Sze-Lim

R&F Buys 77 Wanda Hotels for $2.9B in Game of China’s Biggest Debtors

2017/07/21 by Greg Isaacson 2 Comments

China’s biggest-ever property deal has taken another twist, with Guangzhou’s R&F Properties suddenly stepping in to acquire 77 hotels from Dalian Wanda Group for RMB 19.9 billion ($2.9 billion).

The acquisition is the latest twist on a sale of Wanda’s… Read More>>

Wang Jianlin Wanda

Wanda Sells 13 Theme Parks and 76 Hotels to Sunac for $9.3B

2017/07/11 by Greg Isaacson Leave a Comment

Less than one year ago, Wang Jianlin’s Wanda Group paid $4.4 billion to privatise its Hong Kong-listed developer, Wanda Commercial Properties, in the biggest share buy-back ever on the city’s stock exchange.

While the billionaire property developer still hopes to… Read More>>

Sun Hongbing

Sunac Buys $2.2 Bil Stake in Chinese Tech Giant Le Eco

2017/01/16 by Michael Cole Leave a Comment

China’s seventh largest property developer now seems determined to be a player in the country’s high tech sector after Sunac Holdings chairman Sun Hongbin agreed to pay the equivalent of $2.2 billion for a stake in cash-strapped LeEco, according to… Read More>>

Sunac Sun Hongbin

Sunac China Agrees to Buy 42 Projects from Legend Holdings for $2.1B

2016/09/19 by Michael Cole Leave a Comment

Sunac China has agreed to buy substantial stakes in 42 real estate projects from investment firm Legend Holdings for RMB 13.7 billion ($2.1 billion) as the developer controlled by tycoon Sun Hongbin takes another swing at joining the big leagues… Read More>>

Sun Hongbin Sunac

Sunac Moves Forward on RMB 4.4B Deal to Acquire 7 Mainland Projects

2016/08/01 by Michael Cole Leave a Comment

Real estate developer Sunac China Holdings is asking for shareholder approval on a RMB 4.4 billion ($663 million) deal to acquire seven projects in six Chinese cities, including developments in Shanghai, Hangzhou and Shenzhen, from Hong Kong-based competitor Top Spring… Read More>>

Sunac Chairman Sun Hongbin

Kaisa Says Shenzhen Govt No Longer Blocking Project Sales

2015/04/09 by Michael Cole Leave a Comment

Scandal-rocked real estate developer Kaisa Group today announced that the Shenzhen government’s freeze on sales has been partially lifted at seven of the 11 projects that had previously been blocked by the authorities.

The ban on sales at Kaisa’s projects… Read More>>

sunac sun hongbin

Kaisa Saved From Default by Sunac Buyout

2015/02/04 by Michael Cole Leave a Comment

China’s Kaisa Group may have been saved from default today when Sunac chairman Sun Hongbin announced that his company would be acquiring a 49.3 percent stake in the troubled real estate developer.

Sun said in an interview at Kaisa’s headquarters… Read More>>

Sunac Merger Collapses as Song Weiping Returns to Greentown

2014/11/09 by Michael Cole Leave a Comment

The biggest merger of China’s largest real estate downturn has evaporated – apparently over entrepreneurial pride, as Sunac’s acquisition of a controlling stake in Greentown has been cancelled.

After rumours had circulated in recent weeks that Greentown China Chairman Song… Read More>>

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