Sunac news

China’s central planning body has warned developers about the country’s ongoing theme park boom, raising concerns over potentially unpayable debts and low grade or copycat ... More

Sunac China Holdings – which purchased a large part of Wanda’s attractions portfolio in July – will have any future lendings suspended, according to reports ... More

Following a shock move by Wanda to first sell off the majority of its theme park and hotel portfolio and then loan its purchaser billions ... More

Following a huge CN¥63.18bn (US$9.3bn, €8.15bn, £7.22bn) property deal in a sell-off of Wanda’s tourism assets last week, it has now emerged that the company ... More

After spending a number of years rapidly developing its tourism assets across China in an attempt to become the world’s largest tourism entity, Wanda has ... More