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Song Weiping Greentown China

Greentown Chief Blames Govt as He Sells Stake in Developer

Song Weiping Greentown China

2014/05/26 by Michael Cole Leave a Comment

The chairman of a Hangzhou-based real estate developer blamed “stupid officials” for the hard times that have forced him to sell out his controlling stake in Greentown China to Sunac Holdings, in a transaction valued at HK$6.3 billion (US$813 million).

… Read More>>

The chairman of a Hangzhou-based real estate developer blamed “stupid officials” for the hard times that have forced him … Read more>>>

Citic Securities REIT

China’s First “REIT” Starts Trading on Shenzhen Exchange

Citic Securities REIT

2014/05/22 by Michael Cole Leave a Comment

Qihang Specific Asset Management Plan doesn’t trade like REIT, and it’s not taxed like a REIT, but investors eager for an alternative investment vehicle in China’s stunted finance market are willing to call it a REIT, and it technically began… Read More>>

Qihang Specific Asset Management Plan doesn't trade like REIT, and it's not taxed like a REIT, but investors eager for … Read more>>>

Singapore loves Chinese debt

Singapore’s Markets Still Love Chinese Developer Bonds

Singapore loves Chinese debt

2014/05/22 by Michael Cole Leave a Comment

Much of the world may be holding its breath waiting for the next Chinese developer to fail, but investors in Singapore seem to still have a healthy appetite for debt from China’s real estate firms.

According to a story in… Read More>>

Much of the world may be holding its breath waiting for the next Chinese developer to fail, but investors in Singapore … Read more>>>

China housing problem

Moody’s Downgrades China’s Property Industry to Negative

China housing problem

2014/05/22 by Michael Cole Leave a Comment

Increasing investor pessimism about China’s real estate market has put a scare into at least one of the world’s largest credit agencies, as Moody’s Investor Service this week downgraded the country’s property sector from stable to negative.

In a report… Read More>>

Increasing investor pessimism about China's real estate market has put a scare into at least one of the world's largest … Read more>>>

Xinyuan Zhang Yong

NYSE-Listed Xinyuan Real Estate Sees Sales Drop 53.6 percent in Q1

Xinyuan Zhang Yong

2014/05/20 by Michael Cole Leave a Comment

New York Stock Exchange-listed developer Xinyuan Real Estate (NYSE:XIN) announced on Friday that its contracted sales had dropped to $273.9 million in the first quarter of this year, a 53 percent fall compared to the same period last year,… Read More>>

New York Stock Exchange-listed developer Xinyuan Real Estate (NYSE:XIN) announced on Friday that its contracted sales … Read more>>>

Greentown China Song Weiping

Greentown Selling Shares to Sunac Amid Market Slowdown

Greentown China Song Weiping

2014/05/19 by Michael Cole Leave a Comment

While China’s real estate market slump has meant trouble for some investors, many companies continue to see it as an opportunity to shop for deals that might never be available in a bull market.

Tianjin-based developer Sunac is taking advantage of… Read More>>

While China's real estate market slump has meant trouble for some investors, many companies continue to see it as an … Read more>>>

Raymond and Thomas Kwok

Sun Hung Kai Raises S$320M in Singapore Bond Issue

Raymond and Thomas Kwok

2014/05/12 by Michael Cole Leave a Comment

Sun Hung Kai Properties (SHKP), which has invested heavily in mainland real estate and whose co-chairmen went on trial for corruption last week, successfully priced a S$320 million ($256.26 million) bond on Friday as developers in Greater China gird for… Read More>>

Sun Hung Kai Properties (SHKP), which has invested heavily in mainland real estate and whose co-chairmen went on trial … Read more>>>

Guang Group Huizhou

China Top 100 Developer Denies Reports of Collapse

Guang Group Huizhou

2014/05/08 by Michael Cole Leave a Comment

A Shenzhen-based real estate developer announced on Wednesday that it was not about to collapse, despite being beseiged by unhappy customers after failing to deliver homes which buyers had already paid for.

Shenzhen Guang Group Real Estate, which is said… Read More>>

A Shenzhen-based real estate developer announced on Wednesday that it was not about to collapse, despite being beseiged … Read more>>>

Xu Jiajun Gemdale

Real Estate Crisis Creates Takeover Opportunity for China’s Insurers

Xu Jiajun Gemdale

2014/05/08 by Michael Cole Leave a Comment

While China’s real estate industry has been beset by reports of falling prices and slowing sales all of this is apparently good news for the country’s insurance companies, as two of the financial giants compete to take over developer Gemdale… Read More>>

While China's real estate industry has been beset by reports of falling prices and slowing sales all of this is … Read more>>>

China Vanke Executive Vice President Mao Daqing

China Real Estate Company Profits Down 5.36 Percent in First Quarter

China Vanke Executive Vice President Mao Daqing

2014/05/07 by Michael Cole Leave a Comment

More than half of China’s listed real estate companies saw profits shrink during the first quarter of 2014, according to recent figures from an independent financial information provider. The country’s once booming property sector has been suffering through one its… Read More>>

More than half of China's listed real estate companies saw profits shrink during the first quarter of 2014, according to … Read more>>>

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