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Wang Tao UBS

Banks Easing Mortgage Policies to Slow China Housing Market Slide

Wang Tao UBS

2014/09/24 by Michael Cole Leave a Comment

China’s major banks are expected to soon ease requirements for mortgage loans as the country’s government seeks to ease downward pressure on its housing market.

The anticipated move by the country’s big four state-run lenders, was reported yesterday in the… Read More>>

China's major banks are expected to soon ease requirements for mortgage loans as the country's government seeks to ease … Read more>>>

Handan funding collapse

Govt Raids 13 Hebei Developers After Funding Scheme Collapses

Handan funding collapse

2014/09/22 by Michael Cole Leave a Comment

94 people were detained in a growing funding scandal involving real estate developers and private lenders in the northern Chinese city of Handan recently as a slowdown in housing sales exposed risky funding practices.

A report in the official Xinhua… Read More>>

94 people were detained in a growing funding scandal involving real estate developers and private lenders in the … Read more>>>

Chen Zhuolin Agile Property

Agile Property Trips Over Rights Issue, Falls 7.2%

Chen Zhuolin Agile Property

2014/09/22 by Michael Cole Leave a Comment

Real estate developer Agile Property Holdings tumbled more than 7.2 percent on the Hong Kong stock exchange today after it became the third China property firm in 30 days to declare a rights issue.

Guangzhou-based Agile is following hometown competitors… Read More>>

Real estate developer Agile Property Holdings tumbled more than 7.2 percent on the Hong Kong stock exchange today after … Read more>>>

Paul Keogh Morgan Stanley

Morgan Stanley Reorganises Asia Real Estate in Run Up to New Fund

Paul Keogh Morgan Stanley

2014/09/21 by Michael Cole Leave a Comment

Morgan Stanley is reorganising the management of its real estate investment business in Asia, as the US investment bank prepares to launch a new $500 million to $1 billion property fund in the region.

According to a report in industry… Read More>>

Morgan Stanley is reorganising the management of its real estate investment business in Asia, as the US investment bank … Read more>>>

Cao Jianliao Guangzhou

HK-Listed Developer KWG Tied to Guangzhou Corruption Case

Cao Jianliao Guangzhou

2014/09/17 by Michael Cole Leave a Comment

Kong Jian Min, the chairman of KWG Property Holdings, is ranked 181st on the Forbes China Rich List, with a personal fortune estimated at $950 million. According to a report on mainland news site Caixin today, however, the Guangzhou real… Read More>>

Kong Jian Min, the chairman of KWG Property Holdings, is ranked 181st on the Forbes China Rich List, with a personal … Read more>>>

Mico Chung Cho Yee

CSI Properties to Raise HK$442M in Share Sale

Mico Chung Cho Yee

2014/09/17 by Michael Cole Leave a Comment

CSI Properties became the latest Hong Kong-listed developer to head to the equity markets for new capital today when the company announced a HK$442.4 million (US$71.98 million) placement of new shares.

The developer controlled by Mico Chung Cho-yee said that… Read More>>

CSI Properties became the latest Hong Kong-listed developer to head to the equity markets for new capital today when the … Read more>>>

Socam Chengdu prices

Socam Slashes Chengdu Prices by 30% in Scramble for Cash

Socam Chengdu prices

2014/09/14 by Michael Cole Leave a Comment

Socam Development, an affiliate of Shui On Land cut prices by 30 percent at a housing project in central Chengdu last week as the troubled real estate company struggles against slumping sales and falling prices.

According to local media reports,… Read More>>

Socam Development, an affiliate of Shui On Land cut prices by 30 percent at a housing project in central Chengdu last … Read more>>>

Wu Binglin Ningxia Xinglin Real Estate

Bad Boy Broker Caught After RMB 200M Real Estate Fraud

Wu Binglin Ningxia Xinglin Real Estate

2014/09/14 by Michael Cole Leave a Comment

120 outlets of China’s Ningxia Xinglin Real Estate Marketing Co suddenly shut their doors in recent weeks after more than 1200 customers across four provinces reported having been cheated by the property brokerage.

Now the company’s owner, Wu Binglin, is… Read More>>

120 outlets of China's Ningxia Xinglin Real Estate Marketing Co suddenly shut their doors in recent weeks after more … Read more>>>

Wang Jianlin

Dalian Wanda Commercial Properties Plans $6B Hong Kong IPO

Wang Jianlin

2014/09/08 by Michael Cole Leave a Comment

Dalian Wanda Commercial Properties, the real estate developer belonging to China’s richest man wang Jianlin, plans a Hong Kong initial public offering this year that could bring in more than $6 billion, according to a report on Friday in the… Read More>>

Dalian Wanda Commercial Properties, the real estate developer belonging to China's richest man wang Jianlin, plans a … Read more>>>

Zhang Zhaoxing Yuexiu Property

Yuexiu Property Plans $495M Rights Issue in China Cash Crunch

Zhang Zhaoxing Yuexiu Property

2014/09/08 by Michael Cole Leave a Comment

Yuexiu Property announced last week that it plans a HK$3.84 billion ($495 million) rights issue, becoming the second major Chinese real estate developer in a week to turn to the equity markets as slowing home sales continue to squeeze the… Read More>>

Yuexiu Property announced last week that it plans a HK$3.84 billion ($495 million) rights issue, becoming the second … Read more>>>

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