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K-11 Hong Kong New World Tower Shanghai

Billionaire Cheng Yu-tung to Take China New World Land Private

K-11 Hong Kong New World Tower Shanghai

2014/03/17 by Michael Cole Leave a Comment

While Asia’s richest man, Li Ka-shing has been selling out his China real estate assets, Hong Kong’s fifth wealthiest billionaire has decided to double-down on his China bets by taking New World China Land Limited (HKG:0917) private.

The HK$18.6… Read More>>

While Asia's richest man, Li Ka-shing has been selling out his China real estate assets, Hong Kong's fifth wealthiest … Read more>>>

tianjin powerlong

CEO of Powerlong Real Estate Predicts 20% of Developers Will Die in 2014

tianjin powerlong

2014/03/17 by Michael Cole Leave a Comment

The chief executive of Hong Kong-listed Powerlong Real Estate on Thursday predicted that a fifth of China’s developers would be out of business by year-end, as the country’s small and mid-sized real estate firms have come under more pressure from… Read More>>

The chief executive of Hong Kong-listed Powerlong Real Estate on Thursday predicted that a fifth of China's developers … Read more>>>

Sunshine 100 Di Yi

China Overseas Land Drops 5.1% As Developers Continue Slide

Sunshine 100 Di Yi

2014/03/13 by Michael Cole Leave a Comment

New stocks or old stocks they were still dropping like rocks today as investors continued to punish China’s real estate shares following last week’s bond default by Chaori Solar.

One of the country’s most established players, China Overseas Land &… Read More>>

New stocks or old stocks they were still dropping like rocks today as investors continued to punish China's real estate … Read more>>>

Jinmao Tower Franshion

Owner of Jinmao Tower to Spin Off Assets After Shelved Bond Sale

Jinmao Tower Franshion

2014/03/12 by Michael Cole Leave a Comment

Commercial developer Franshion Properties joined the ranks of China’s most troubled real estate companies today by opting to spin off some its existing assets into a new listed company in an attempt to raise much needed cash.

The move by… Read More>>

Commercial developer Franshion Properties joined the ranks of China's most troubled real estate companies today by … Read more>>>

Zhu Mengyi Hopson Development

Troubled Chinese Developer Says Sales Down Nearly 70% in 2014

Zhu Mengyi Hopson Development

2014/03/11 by Michael Cole Leave a Comment

Hong Kong-listed Hopson Development Holdings Limited (HKG:0754) announced on Monday that its contracted sales for the two months ended 28 February 2014 amounted to about RMB 471 million – a decrease of 69.6 percent compared to the same period a… Read More>>

Hong Kong-listed Hopson Development Holdings Limited (HKG:0754) announced on Monday that its contracted sales for the … Read more>>>

China stocks slide

China Real Estate Stocks Dive After Bond Default

China stocks slide

2014/03/10 by Michael Cole Leave a Comment

A broad range of China’s publicly traded real estate stocks were punished on stock exchanges in Shanghai, Shenzhen and Hong Kong today as investors reacted to the country’s first corporate bond default on Friday.

The Hang Seng Properties Index of… Read More>>

A broad range of China's publicly traded real estate stocks were punished on stock exchanges in Shanghai, Shenzhen and … Read more>>>

China stock slide

Are Bond Defaults on the Way for the Property Industry? Take the 2 Minute Survey

China stock slide

2014/03/10 by Michael Cole Leave a Comment

China’s real estate industry stocks have slid this week following the nation’s first corporate bond default last Friday. Credit ratings agencies have also raised concerns over the financial health of some of the nation’s property developers.

But just how big… Read More>>

China's real estate industry stocks have slid this week following the nation's first corporate bond default last Friday. … Read more>>>

Sunshine 100 CEO Di Yi

Warburg Pincus-Backed Chinese Developer Raises $258M in HK IPO

Sunshine 100 CEO Di Yi

2014/03/10 by Michael Cole Leave a Comment

Sunshine 100 China Holdings Ltd, a commercial and residential real estate developer backed by US private equity firm Warburg Pincus had a low-end debut on the Hong Kong Stock Exchange last week as the company’s IPO came in at the bottom of pricing expectations.

Sunshine 100 raised HK$2 billion (US$258 million) after pricing its 500 million share offering at HK$4.00 per share, compared to marketing range of HK$4.00 to HK$4.80 each.

Sunshine 100 China Holdings Ltd, a commercial and residential real estate developer backed by US private equity firm … Read more>>>

China Vanke

China Vanke 2013 Profits Up 21% on Sales of Smaller Homes

China Vanke

2014/03/10 by Syndicated Content Leave a Comment

China Vanke Co. (3333), the nation’s biggest developer by market value traded on mainland exchanges, said full-year profit rose 21 percent as it sold more small and medium-sized homes that are less affected by government curbs.

Net income climbed to 15.12 billion yuan ($2.5 billion) in the 12 months to Dec. 31 from 12.55 billion yuan a year earlier, the Shenzhen, China-based company said in a statement today.

China Vanke Co. (3333), the nation's biggest developer by market value traded on mainland exchanges, said full-year … Read more>>>

Soho China Pan Shiyi Zhang Xin

Profits Drop 47% for Soho China as Developer Struggles with Strategy Shift

Soho China Pan Shiyi Zhang Xin

2014/03/05 by Michael Cole Leave a Comment

Beijing-based real estate developer Soho China reported a 47 percent drop in profits for the second half of 2013, as the developer which made its name building office complexes and then selling off individual units, struggles to switch to… Read More>>

Beijing-based real estate developer Soho China reported a 47 percent drop in profits for the second half of 2013, as the … Read more>>>

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