On August 6th, information disclosed on JD.com's asset trading platform revealed that the five-star hotel 101, located in Zone B of Kaifu Wanda Plaza, 589 Zhongshan Road, Kaifu District, Changsha City, Hunan Province, will be auctioned. The starting price is approximately 514 million yuan, and the assessed value is approximately 642 million yuan. This is the first auction of the property, and no bidders have yet registered. According to information, the property is the Changsha R&F Wanda Vista Hotel, which is intended for commercial use, with a land area of 10,891.88 square meters and a building area of 65,772.28 square meters.