Sunac China

Sunac China Holdings Limited
融创中国控股有限公司
public
Traded as SEHK: 1918
Industry Real estate
Founded 2003
Founder Mr. Sun Hongbin
Number of locations
  • Tianjin, China (general office)
  • Cayman Islands (registered office)
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 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

  1. ↑ Sunac China Holdings Ltd (1918.HK)
  2. ↑ "Sunac China's shares soar as $9.3 billion Wanda property deal seen as positive". Reuters. Retrieved 2017-07-14.
  3. ↑ Sunac raises $337 million on HK IPO
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