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Harbour Ring Huangpu Centre

Li Ka-shing Sells 2 Shanghai Buildings for $493 Million

Harbour Ring Huangpu Centre

2014/11/10 by Michael Cole Leave a Comment

Asia’s richest man continued to sell off his China real estate holdings last week when a property company controlled by Hong Kong billionaire Li Ka-shing was acquired by China’s Oceanwide Holdings.

According to a statement to the Shenzhen stock exchange… Read More>>

Asia's richest man continued to sell off his China real estate holdings last week when a property company controlled by … Read more>>>

E-House China Finance Site

Are Down-Payment Loans Undermining China’s Home Equity?

E-House China Finance Site

2014/11/10 by Michael Cole Leave a Comment

“China’s home market will never crash because homeowners have to make big down-payments.” This line comes up in nearly every debate and discussion of China’s ever-controversial housing sector.

However, this reasoning may deserve some reconsideration after a recent report in… Read More>>

“China's home market will never crash because homeowners have to make big down-payments.” This line comes up in nearly … Read more>>>

Sunac Merger Collapses as Song Weiping Returns to Greentown

2014/11/09 by Michael Cole Leave a Comment

The biggest merger of China’s largest real estate downturn has evaporated – apparently over entrepreneurial pride, as Sunac’s acquisition of a controlling stake in Greentown has been cancelled.

After rumours had circulated in recent weeks that Greentown China Chairman Song… Read More>>

The biggest merger of China's largest real estate downturn has evaporated – apparently over entrepreneurial pride, as … Read more>>>

Song Weiping Greentown

Greentown Sale to Sunac May Be Cancelled After Regulatory Delay

Song Weiping Greentown

2014/11/03 by Michael Cole Leave a Comment

The biggest property developer to change hands during China’s real estate downturn may not be sold after all, following difficulties getting the share sale approved by the Hong Kong Stock Exchange.

Tycoon Song Weiping, along with this family and close… Read More>>

The biggest property developer to change hands during China's real estate downturn may not be sold after all, following … Read more>>>

Wanda Plaza Kunming

Dalian Wanda Opens 100th China Mall in Run-Up to HK IPO

Wanda Plaza Kunming

2014/11/01 by Michael Cole Leave a Comment

Dalian Wanda, the real estate developer belonging to tycoon Wang Jianlin, celebrated the opening of its 100th Wanda Plaza mall on Friday, just in time to help out with the company’s upcoming IPO.

The commercial property firm celebrated the opening… Read More>>

Dalian Wanda, the real estate developer belonging to tycoon Wang Jianlin, celebrated the opening of its 100th Wanda … Read more>>>

China red flag

Goldman Sachs Says Beware of China Developer Debt

China red flag

2014/10/30 by Michael Cole Leave a Comment

China’s cash-strapped real estate developers are raising record amounts of cash overseas, and Goldman Sachs says you should stay away.

In a report released this week the US investment bank said that debt issued by Chinese real estate developers are… Read More>>

China's cash-strapped real estate developers are raising record amounts of cash overseas, and Goldman Sachs says you … Read more>>>

wang shi china vanke

Vanke Slows Investment as Profits Rise But Margins Tighten

wang shi china vanke

2014/10/27 by Michael Cole Leave a Comment

Third quarter financial results released by China Vanke show what might be the best case scenario for the country’s real estate developers, and it’s not all that rosy.

In a statement to the Hong Kong stock exchange, the Shenzhen-based builder… Read More>>

Third quarter financial results released by China Vanke show what might be the best case scenario for the country's real … Read more>>>

distressed residential

How Xi Jinping is Helping Jack Ma Sell 41,000 Properties on Taobao

distressed residential

2014/10/23 by Michael Cole Leave a Comment

When President Xi Jinping launched his anti-corruption drive last year by declaring war on “tigers and flies” few could have imagined that he was also helping Internet magnate Jack Ma to launch a whole new ecommerce initiative.

Now Ma’s Taobao.com,… Read More>>

When President Xi Jinping launched his anti-corruption drive last year by declaring war on “tigers and flies” few could … Read more>>>

Chen Zhuolin court

Agile Announces Rights Issue and 2nd Disappearing Director on Same Day

Chen Zhuolin court

2014/10/17 by Michael Cole Leave a Comment

Troubled China real estate developer Agile Properties announced on Thursday that a previously planned rights offer is back on the table. The plan to raise HK$1.65 billion ($213 million) seems more challenging than ever, however, as the Hong Kong-listed property… Read More>>

Troubled China real estate developer Agile Properties announced on Thursday that a previously planned rights offer is … Read more>>>

Agile Property Chairman Chen Zhuolin

Agile Owners Offer $200M to Save Struggling Developer

Agile Property Chairman Chen Zhuolin

2014/10/15 by Michael Cole Leave a Comment

The owners of real estate developer Agile Property announced this week that they are offering their company $200 million in loans in a bid to refinance the struggling firm after scuttling a planned rights issue.

Guangzhou-based Agile has seen its… Read More>>

The owners of real estate developer Agile Property announced this week that they are offering their company $200 million … Read more>>>

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