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Li Ka-shing

Li Ka-shing to Spin Off Property Assets in $24B Restructuring

Li Ka-shing

2015/01/11 by Michael Cole Leave a Comment

Hong Kong’s richest man is consolidating his property assets into a single company, as billionaire Li Ka-shing announced on Friday that he is restructuring his biggest holding companies.

In a statement, the investor known in Hong Kong as “Superman” for… Read More>>

Hong Kong's richest man is consolidating his property assets into a single company, as billionaire Li Ka-shing announced … Read more>>>

Kaisa Central Plaza Shenzhen

Banks Now Suing Kaisa in Shenzhen Court – Seek to Seize Projects

Kaisa Central Plaza Shenzhen

2015/01/09 by Michael Cole

The credit problems facing Kaisa Group continue to deepen as it was revealed today that at least three financial institutions, including Chinese state-owned banks, are suing the troubled real estate developer and seek to seize the company’s projects.

According to… Read More>>

The credit problems facing Kaisa Group continue to deepen as it was revealed today that at least three financial … Read more>>>

Kwok Ying-shing

Kaisa Defaults on $500M Bond Payment, Spooks Debt Markets

Kwok Ying-shing

2015/01/09 by Michael Cole Leave a Comment

Chinese real estate developer Kaisa Group dug itself still deeper into default yesterday when the Hong Kong-listed company failed to make $26 million in interest payments due on offshore bonds.

The bond default is Kaisa’s second failure to meet debt… Read More>>

Chinese real estate developer Kaisa Group dug itself still deeper into default yesterday when the Hong Kong-listed … Read more>>>

Century 21 China

Century 21 China De-Listed From NYSE After Real Estate Slump

Century 21 China

2015/01/07 by Michael Cole Leave a Comment

How bad is China’s real estate slump? For one of the country’s biggest real estate agencies, the eight-month-long slide in housing prices, and the fall off in deals that has accompanied it, means the end of its listing on the… Read More>>

How bad is China's real estate slump? For one of the country's biggest real estate agencies, the eight-month-long slide … Read more>>>

Kwok Ying-shing

HK-Listed Kaisa Said to Go Bankrupt — Halt Payments to Creditors

Kwok Ying-shing

2015/01/06 by Michael Cole Leave a Comment

Kaisa Group, which defaulted on a $51.6 million loan last week, is said to have become the biggest of China’s real estate developers to go bankrupt today when the Hong Kong-listed company decided that it was ceasing all activities until it could… Read More>>

Kaisa Group, which defaulted on a $51.6 million loan last week, is said to have become the biggest of China's real … Read more>>>

Greenland Zhang Yuliang

Find Out Which Developer Led China’s Top 10 for 2014

Greenland Zhang Yuliang

2015/01/06 by Michael Cole Leave a Comment

China has a new real estate sales champion, as development of overseas projects has helped move Shanghai’s Greenland Group to the top of the country’s property sector.

According to figures released this week, state-owned Greenland increased its contracted sales in… Read More>>

China has a new real estate sales champion, as development of overseas projects has helped move Shanghai's Greenland … Read more>>>

Kwok Ying-shing

Could China Be About to Experience Its Biggest Ever Real Estate Bankruptcy?

Kwok Ying-shing

2015/01/02 by Michael Cole Leave a Comment

Kaisa Group Holdings may be in danger of becoming the biggest Chinese real estate developer to collapse as a result of the country’s property slump, after the Hong Kong-listed company defaulted on a HK$400 million ($51.6 million) loan on Wednesday.

… Read More>>

Kaisa Group Holdings may be in danger of becoming the biggest Chinese real estate developer to collapse as a result of … Read more>>>

Wang Jianlin Jack Ma

Wanda Takes Aim at O2O Prize with Buy of Online Payment Provider

Wang Jianlin Jack Ma

2014/12/29 by Michael Cole Leave a Comment

Fresh off of a $3.7 billion Hong Kong IPO, China mall developer Dalian Wanda is attempting to put some of its new cash to work in the world of ecommerce.

The owner of China’s biggest chain of malls – with… Read More>>

Fresh off of a $3.7 billion Hong Kong IPO, China mall developer Dalian Wanda is attempting to put some of its new cash … Read more>>>

Wang Shi Vanke

China Vanke to Issue RMB 1.8B in Domestic Bonds

Wang Shi Vanke

2014/12/18 by Michael Cole Leave a Comment

China’s largest real estate developer may just be getting RMB 1.8 billion ($290.5 million) for Christmas this year as Vanke takes advantage of more lenient government rules and lower interest rates to refinance its debt.

According to an account in… Read More>>

China's largest real estate developer may just be getting RMB 1.8 billion ($290.5 million) for Christmas this year as … Read more>>>

Wang Jianlin Wanda

Dalian Wanda Raises $3.7B in Hong Kong’s Biggest IPO of 2014

Wang Jianlin Wanda

2014/12/16 by Michael Cole Leave a Comment

Dalian Wanda Commercial Properties has raised US$3.7 billion through a Hong Kong IPO, after the Chinese real estate company belonging to PLA officer turned billionaire businessman Wang Jianlin is said to have priced its shares today.

A report in FinanceAsia… Read More>>

Dalian Wanda Commercial Properties has raised US$3.7 billion through a Hong Kong IPO, after the Chinese real estate … Read more>>>

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