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Treasury Holdings Sells China Assets to Its Directors

Treasury Holdings Sells China Assets to Its Directors in Bankruptcy Fight

Treasury Holdings Sells China Assets to Its Directors

2012/09/02 by Michael Cole Leave a Comment

On Tuesday, troubled property firm Treasury Holdings sold two Chinese subsidiaries to one of its directors for 2.236 million Euros as the company seeks to hive off its assets while facing potential bankruptcy on its home turf in Ireland.

On… Read More>>

On Tuesday, troubled property firm Treasury Holdings sold two Chinese subsidiaries to one of its directors for 2.236 … Read more>>>

Zhang Xin of SOHO

SOHO China Changes to Leasing Space After 65% Profit Drop

Zhang Xin of SOHO

2012/08/18 by Michael Cole Leave a Comment

After seeing the company’s profits drop by 65% in the most recent quarter, Beijing-based real estate developer SOHO China has announced that it plans to shift its approach from selling commercial real estate to individual investors to leasing out its… Read More>>

After seeing the company's profits drop by 65% in the most recent quarter, Beijing-based real estate developer SOHO … Read more>>>

Richard David of TCT

Treasury China Trust Defending Itself Against Charges of Mismanagement

Richard David of TCT

2012/08/18 by Michael Cole 2 Comments

Treasury China Trust (TCT), a Singapore-listed investment trust, is suddenly having to defend itself against charges from one of its investors that the firm is run for the benefit of its fund managers and lacks independent board oversight.

Mano Sabnani,… Read More>>

Treasury China Trust (TCT), a Singapore-listed investment trust, is suddenly having to defend itself against charges … Read more>>>

California Pension Fund to Invest US$530 Mil into China Commercial Real Estate

2012/08/18 by Michael Cole Leave a Comment

CalPERS, the California state pension fund, announced recently that it is investing a total of US$530 million int two China real estate funds managed by ARA Asset Management. The fund will invest $480 million in the ARA Long Term Hold Fund… Read More>>

CalPERS, the California state pension fund, announced recently that it is investing a total of US$530 million int two … Read more>>>

Greentown China Song Weiping

Wharf Buys 162 Million More Shares in Developer Greentown China

Greentown China Song Weiping

2012/08/05 by Michael Cole Leave a Comment

Another chunk of troubled real estate developer Greentown China was bitten off and swallowed by Hong Kong’s Wharf on August 2nd, as the Hong Kong based property firm continued what will likely be its eventual takeover of Hangzhou-based Greentown.

Following… Read More>>

Another chunk of troubled real estate developer Greentown China was bitten off and swallowed by Hong Kong's Wharf on … Read more>>>

Greentown China's Song Weiping

Greentown is China’s First Fortune 500 Developer – No Really!

Greentown China's Song Weiping

2012/07/16 by Michael Cole Leave a Comment

Just last week, the world-renowned business magazine Fortune let us in on a secret — Greentown Group is the most successful real estate developer in China. For those of us covering China’s real estate market, this is nearly as big… Read More>>

Just last week, the world-renowned business magazine Fortune let us in on a secret -- Greentown Group is the most … Read more>>>

Evergrande stock price down after Citron attack

Evergrande in PR Blitz Against Shorts

Evergrande stock price down after Citron attack

2012/07/01 by Michael Cole Leave a Comment

Leading Chinese real developer Evergrande has been aggressively defending itself and its share price since being accused of fraud by Citron Research on June 20th, relying on fast deployment of an international public relations campaign to try to restore faith… Read More>>

Leading Chinese real developer Evergrande has been aggressively defending itself and its share price since being accused … Read more>>>

Evergrande Shares Drop 11% on Accusations of Fraud

2012/06/24 by Michael Cole Leave a Comment

Shares in China real estate developer Evergrande fell as low as HK$3.60 per share on Thursday following accusations of fraudulent accounting and massive bribery by Citron Research, a US-based research firm often associated with short-selling.

Evergrande eventually recovered to a… Read More>>

Shares in China real estate developer Evergrande fell as low as HK$3.60 per share on Thursday following accusations of … Read more>>>

greentown china ceo song weiping

Wharf Snatches Greentown China Stake for RMB 148 Million

greentown china ceo song weiping

2012/06/10 by Michael Cole Leave a Comment

Cash-strapped real estate developer Greentown China is selling a 2.13 percent stake to Hong Kong’s Wharf and Wheelock for HK$181 million (RMB 148.32 mil), according to an announcement from the buyers on Friday.

The purchase price for the 34,888,500 Greentown China… Read More>>

Cash-strapped real estate developer Greentown China is selling a 2.13 percent stake to Hong Kong's Wharf and Wheelock … Read more>>>

Two more China real estate developers file for bankruptcy

2 More Private Real Estate Developers Go Bust in Hangzhou and Guangdong

Two more China real estate developers file for bankruptcy

2012/04/23 by Michael Cole Leave a Comment

As the restrictions on China’s residential real estate market continue to hit home, two more privately owned developers filed for bankruptcy last week. These latest filings follow soon after Hangzhou Glory Real Estate filed for relief from its creditors on… Read More>>

As the restrictions on China's residential real estate market continue to hit home, two more privately owned developers … Read more>>>

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