China’s real estate investors proved that they are quick to forgive, as developer stocks have quickly bounced back after last week’s losses. And the nation’s real estate companies have quickly responded to the vote of confidence by snapping more high-priced… Read More>>
The reporting season for China’s listed developers continued this week, Greentown and Sunac bought more Shanghai land, the HSBC PMI showed further signs of a slowdown, and a new website has shown up to help Chinese rich folks buy homes… Read More>>
US film studio DreamWorks Animation, together with two partners, last week celebrated plans for a RMB 15 billion ($2.4 billion) entertainment district in Shanghai that the group says will rival New York’s Broadway.
DreamWorks is teaming with an investment fund… Read More>>
Speaking on the sidelines of an industry conference in Beijing this weekend leaders of real estate developers Vantone, Greenland Group and China Resources Holdings took the first step toward a recovery by admitting that the industry has a problem.
Feng… Read More>>
Late last week and into the weekend there were a number of breaking news stories, including China’s bad asset bank Cinda picking up two plots of land in Shanghai, China Resources Holdings upping its stake in developer China Vanke, and… Read More>>
As China’s property sales have slowed down and bad news has seeped into the country’s real estate market, many developers have been scrambling to invest in everything from US real estate to bottled water.
Now comes news of the latest… Read More>>
As a credit crunch caused the collapse of a private Chinese real estate developer this week, and following just two weeks after the country’s first commercial bond default, dollar-denominated bonds from the country’s real estate developers are suffering on regional… Read More>>
Greenland Group, which has gained fame as China’s most aggressive outbound investor, plans to go public this year through a backdoor listing on the Shanghai stock exchange, according to a statement released on Monday.
The public listing of the government… Read More>>
Credit ratings agency Fitch has reviewed the recent collapse of a property developer in eastern China, and find that this case represents industry trends that investors should be aware of. The text of the agency’s statement follows.
Fitch Ratings says… Read More>>
Share and bond prices for China’s leading property companies fell sharply today following reports that a Ningbo real estate developer had collapsed, leaving behind RMB 3.5 billion in debt and more than 100 unhappy creditors.
The folding of the developer,… Read More>>