Foreign firms best on pay raises
SHANGHAI’S foreign-invested companies have outperformed their domestic counterparts in giving pay raises to their employees this year, a survey by the Shanghai Statistics Bureau said.
The real-estate sector in Shanghai has offered staffers the biggest raises despite the property market… Read More>>
Mapletree Buys Silver Tower in Shanghai for RMB 2.4 Billion
Mapletree India China Fund, a private equity real estate fund managed by Mapletree of Singapore is acquiring the Silver Tower building near Shanghai’s Huaihai Road for RMB 2.4 billion according to industry reports.
Mapletree is buying the mixed-use complex in… Read More>>
SOHO China Acquires 60,000 Sqm Project in Pudong for RMB 1.89 Billion
SOHO China Limited, a Chinese commercial property developer, announced on August 9th that it had acquired a 60,000 sqm project in Shanghai’s Pudong district for RMB 1.89 billion. The acquisition of Jiarui International Plaza which was closed on August 5,… Read More>>
China’s Dangdang Restructures – COO Out After Stock Drops 69%
China Internet stocks are continuing to suffer for their previous unrealistic valuations as investors punish them in the markets, and China Ecommerce site Dangdang attempted to stanch the bleeding today by restructuring its management, including the departure of the company’s… Read More>>
Muddy Waters Yurun Rumor Proves That China Fears Run Wild
For the past few months I have both been tracking the rise of Carson Block’s muck-raking research firm, Muddy Waters, and the rise of the China fraud story cycle and today it appears the two have collided as fears of… Read More>>
Is The iPhone Really That Dominant in China?
As those of you bored enough to read this blog regularly may recall, we at RightSite are big fans of the email platform MailChimp, which we use to send our weekly email newsletter.
The main reason that we get… Read More>>
AMB-Prologis Merger Complete – Firm to Expand in Asia
According to news reports on June 6th, the merger between AMB and Prologis to form the world’s largest warehouse owner is now complete. The new firm, to be known as Prologis Ltd, will now own more than US$46 billion in… Read More>>
Vanke Launches 88,000 Sqm Commercial Project in Shanghai
The 21st Century Business Herald reported on May 27th that Vanke, one of China’s largest residential developers, (000002.SZ) has started selling units at several of its commercial property projects, with the first project being opened in Shanghai.
The move by… Read More>>
Mapletree Plans Commercial Real Estate Fund
Singapore’s Mapletree Investments plans to set up a China-focused fund that will have $500 million to $1 billion to invest in Chinese commercial property once it deploys most of the money in its existing funds, a senior executive… Read More>>
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