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China may have new property debt king after Sunac deal
Published Tue, Jul 11, 2017 · 09:50 PM
Shanghai
AS SOME Chinese tycoons slow acquisitions to focus on digesting their massive debt loads, one property billionaire is moving the other way.
Sunac China Holdings Ltd chairman Sun Hongbin oversaw an acquisition spree over the past year that culminated with Monday's US$9.3 billion purchase of assets from Dalian Wanda Group Co.
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