…g 106.7 -4.48% 0.09% Second Chongqing Dali 101.6 -4.51% 0.10% Third Yunnan Dalian 109.2 -5.45% -0.27% Second Liaoning Dandong 106.0 -8.62% 0.00% Third Liaoning Fuzhou 112.3 -3.93% 0.27% Second Fujian Ganzhou 107.5 -3.50% -0.74% Second Jiangxi Guangzhou 130.4 3.49% 1.48% First Guangdong Guilin 107.4 -7.17% -0.37% Second Guangxi Guiyang 110.2 -2.30% 0.09% Second Guizhou Haikou 97.7 -3.93% 0.21% Second Hainan Hangzhou 95.2 0.85% 0.53% Second Zhejiang…
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First Tier Cities Dominate China’s Housing Recovery as Shenzhen Prices Climb 44%
…106.5 -2.20% -0.09% Second Chongqing Dali 101.3 -3.43% 0.00% Third Yunnan Dalian 108.3 -4.07% -0.09% Second Liaoning Dandong 105.6 -6.13% 0.00% Third Liaoning Fuzhou 113.7 0.09% 0.89% Second Fujian Ganzhou 106.9 -1.57% -0.19% Second Jiangxi Guangzhou 132.1 7.57% 0.53% First Guangdong Guilin 107.3 -4.54% -0.09% Second Guangxi Guiyang 109.7 -1.44% -0.18% Second Guizhou Haikou 97.5 -2.30% -0.20% Second Hainan Hangzhou 96.3 3.66% 0.63% Second Zhejian…
Country Garden Says It Will Take Over Shui On Project in Foshan
…d third tier cities across China, including Chongqing, Wuhan, Hangzhou and Dalian. The SOM-designed project in Foshan was drawn up to combine residential and office buildings with retail, hotel, F&B, entertainment, and cultural facilities on a 650,000 square metre (7 million square foot) site. A Marco Polo hotel is already open on the site, and sales of luxury apartments in the development went on sale in Hong Kong in late 2012 for prices ranging…
CITIC Exits Mainland Homebuilding Business in $4.8B Deal With China Overseas Land
…as projects in some overbuilt second and third-tier hubs such as Chengdu, Dalian, and Chongqing. Already a top ten-ranked developer, the deal will expand China Overseas’ land bank by 50 percent, according to a statement by the developer to the Hong Kong stock exchange today. China Overseas is financing the transaction by issuing 1.1 billion new shares, to be sold to CITIC at HK$27.13 each, a 5.36 percent premium to the stock’s closing price on Fr…
NYC Investigating Vanke’s Manhattan Property Deal and More China Real Estate Headlines
…re Guonan Ma, an eminent Chinese economist recently retired from the BIS, and Ivan Roberts and Gerard Kelly of the Reserve Bank of Australia. Read more>> China to Stop Foreign Place Names at the Border There is a Vancouver Forest in Beijing, a Thames Town in Shanghai and an Oriental Yosemite in Dalian, China. China’s suburbs have been filling up lately with housing developments whose names and architectural styles are meant to evoke the United Sta…
Evergrande Said at 6.2% Risk of Default as Chinese Bond Market Wobbles
…in its bonds on April 11th, as it buys time to restructure its debts, and Dalian-based Dongbei Special Steel Group has defaulted on its bonds repeatedly after its chairman reportedly committed suicide in March. In an announcement last week, Moody’s Investors Service noted, “the Chinese government’s declining direct support for state-owned enterprises (SOEs) that are not strategically important and that operate in competitive sectors.” While Everg…
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