HNA Group is said to have missed loan payments to China CITIC Bank in December, but that reported financial stumble didn’t stop the state-owned lender from handing its struggling client a new RMB 20 billion ($3.2 billion) credit facility last… Read More>>
Twas the week before Christmas, and all round the region, the deals they were closing, in number, in legion. That’s about all the verse that Mingtiandi is good for today, before we get down tracking sales in Sydney, site acqusitions… Read More>>
The big news today could make pachinko passe as Japan gets ready for the 21st century money-milking machines that are modern casinos. While Melco Crown’s Lawrence Ho looks to Japan for his next deal, China Vanke has found a way… Read More>>
China CITIC Bank Corp, the banking arm of one of the mainland’s largest state-owned investment conglomerates, has filed a lawsuit in Canada to seize real estate assets in Vancouver worth C$7.3 million (US$5.58 million) from a businessman accused of fleeing… Read More>>
The credit problems facing Kaisa Group continue to deepen as it was revealed today that at least three financial institutions, including Chinese state-owned banks, are suing the troubled real estate developer and seek to seize the company’s projects.
According to… Read More>>
Qianhai is Shenzhen’s answer to Shanghai’s Free Trade Zone, and investor enthusiasm for the special economic zone is already paying dividends for China Vanke.
According to a recent story in the South China Morning Post, a new 60,000 square metre… Read More>>