Has Sunac Real Estate gone bankrupt recently?

Sunac Real Estate did not go bankrupt.

Sunac is likely to follow Evergrande's footsteps, but it has not gone bankrupt. When Zhang Hongbin became a shareholder in LeTV, he was so high-spirited in the eyes of others. Later, it acquired more than a dozen projects of Wanda, which caused quite a stir in the industry at that time.

Now it seems that what Sunac and Zhang Hongbin did in those years was to ignore the past and become the "white knight" of others in those years, just like digging a hole for themselves and jumping. How ironic it is to think of it.

It's not over yet. According to the insiders of Lvwencheng in Rongchuang, Chongqing, the construction of the second phase of Rongchuang Yule Town and the music town (bar street) is intermittent now, because the construction funds are not in place.

Projects that should have been completed long ago, such as the big pendulum, the jumping machine and the Xue Fei Temple, are all in trouble because of financial problems. The ticket prices of various play items in Sunac Yule Town, which opened in October/September, 2002, increased by 40-70%, which had a serious negative impact on consumers' reputation.

Don't the management of Sunac Lv Wencheng know the importance of word of mouth? -No.Then why is there such mindless short-sighted behavior?

Because Sunac is really short of money and needs money urgently, as long as it can get money and earn more money, Sunac is forced to make this decision because it needs money urgently to tide over the difficulties. From this point of view, Sunac's current situation is really on fire.