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Why was "Catcher" Sun Hongbin cheated again?
In five years, Sunac's debt has increased from 5.5 billion to 560 billion, and the debt ratio is as high as 90%. The total assets of Sunac have also improved qualitatively. Sun Hongbin, with so many debts, has always been called "the buyer of real estate" and "the receiver". In recent years, Sun Hongbin has acquired many projects, from Lenovo and Evergrande to LeTV, Wanda and Navigation, costing nearly 100 billion yuan.
So, where did all the money in Sun Hongbin come from? Real estate developers are always generous. In fact, their money is borrowed from the bank. Basically, many real estate developers are heavily in debt. It was once ridiculed that Wang Jianlin and Xu Jiayin became the richest men in China by borrowing money. However, it is not difficult to see that in these mergers and acquisitions in Sun Hongbin, only LeTV can't help, and other projects can bring certain benefits to Sunac.
For the investment in LeTV, there is basically no return, but for Jia Yueting, Sun Hongbin said nothing. After all, being cheated by fellow villagers shows that Sun Hongbin can't know people, and he has to go on the road he chose.
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