Sunac
 | This article needs additional citations for verification. (March 2012) |
| Company type | public |
|---|---|
| SEHK: 1918 | |
| Industry | Real estate |
| Founded | 2003 |
| Founder | Mr. Sun Hongbin |
Number of locations |
|
Area served | China |
Key people | Sun Hongbin (Chairman) |
| Website | Sunac China Holdings Limited |
Sunac China Holdings Limited, headquartered in Tianjin, People's Republic of China, is one of the leading[according to whom?] residential property developers in China. The company focuses on large-scale, medium to high-end property developments. It does not only focus on its home market of Tianjin, but also has operations in Beijing, Chongqing, Wuxi and other select cities.[1]
In July 2017 it was reported that a $9.3 billion deal would take place for Sunac to buy Dalian Wanda's tourism projects and hotels, forming the second-biggest real estate deal ever in China.[2]
History
Sunac China was founded in 2003 in Tianjin by Sun Hongbin, previously the founder, chairman, and CEO of Sunco Group. It was listed on the Hong Kong Stock Exchange in October 2010[3] with the IPO price of HK$3.48 per share.
References
- ^ Sunac China Holdings Ltd (1918.HK)
- ^ "Sunac China's shares soar as $9.3 billion Wanda property deal seen as positive". Reuters. Retrieved 2017-07-14.
{{cite news}}: Cite has empty unknown parameter:|dead-url=(help) - ^ Sunac raises $337 million on HK IPO
