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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>>>

China Vanke Yu Liang

Vanke Says Backlog of Unsold Homes Will Stifle Recovery

China Vanke Yu Liang

2014/12/14 by Michael Cole Leave a Comment

Government moves to spur lending have made given many observers hope for a recovery in the nation’s real estate market next year, but China’s biggest property developer remains unconvinced.

Speaking to the press in Hong Kong over the weekend, Yu… Read More>>

Government moves to spur lending have made given many observers hope for a recovery in the nation's real estate market … Read more>>>

Kwow Ying-shing Cheng Yu-tung

Chairman of Kaisa Steps Down After Sales Frozen and Stock Drops 34%

Kwow Ying-shing Cheng Yu-tung

2014/12/13 by Michael Cole Leave a Comment

The chairman of Kaisa Group Holdings, Kwok Ying-shing, resigned from his posts with the China real estate developer after government actions and questions about the company’s viability caused its shares to slide more than 34 percent in the last few… Read More>>

The chairman of Kaisa Group Holdings, Kwok Ying-shing, resigned from his posts with the China real estate developer … Read more>>>

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