Hong Kong’s struggles to tame its housing market have been good news for the city’s biggest homebuilder which saw earnings jump 57 percent in the second half of 2016. Also in the news today, two US private equity giants are… Read More>>
Hong Kong’s home prices have come under pressure from rising US rates, but at least one banker sees mainland demand keeping the city’s housing costs at their usual nosebleed levels. Also in the headlines, Wanda and R&F Properties sign an… Read More>>
Hong Kong slapped a 15 percent stamp duty on home sales this autumn, but the city’s elite – along with their mainland cousins – have quickly found a way around that market curb. Also in the news, “universal insurance” is… Read More>>
China’s insurance regulator announced on Friday that it has suspended Evergrande Life, the insurance subsidiary of billionaire property developer Xu Jiayin’s China Evergrande Group from investing in the nation’s stock markets.
In a statement published on the China Insurance Regulatory… Read More>>
Asia’s real estate giants were busy on Monday, with China’s Greenland Group announcing strong sales in London, the mainland government clamping down on “innovative financing” for corporate takeovers, and ARA Asset Management getting an important thumbs up for its privatisation… Read More>>
Wang Jianlin took another step toward his dream of privatising his Wanda commercial property business this week when the $4.4 billion plan received backing from one of his biggest shareholders, while the wannabe entertainment impresario made what is said to… Read More>>
China’s securities regulator has sent formal notices to both China Vanke and its unwanted suitor, Baoneng Group, for violations related to the ongoing takeover battle for the mainland’s biggest property developer.
Just days after Vanke chairman Wang Shi had called… Read More>>
The latest numbers on mainland property investment and homes sales are in, with the Chinese real estate market showing signs of cooling down after a torrid first half. Meanwhile, the region’s biggest REIT goes green for a $500 million bond,… Read More>>
A brief calm in the ongoing battle between Vanke founder Wang Shi and the company’s largest shareholder, Baoneng Group, was broken today when an independent member of the Chinese developer’s board confirmed that Baoneng’s Vanke share purchases had been funded… Read More>>
Some of China’s biggest developers are raising their 2016 sales targets after a hot first half – just in time for a downturn projected by one of the country’s top think tanks. Meanwhile, the Vanke battle continues as the Baoneng… Read More>>