Asia real estate and outbound investment news
China’s third-richest man is about to add RMB 14.6 billion ($2.1 billion) to his personal fortune after China Evergrande Group proposed its dividend for the 2018 financial year in an announcement on the Hong Kong stock exchange on Sunday.
The… Read More>>
Discounted room rates lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Hong Kong’s hotels are suffering as visitors stay away from the teargas-filled Asian financial hub.
In other news around the region,… Read More>>
A Malaysian fugitive leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the alleged mastermind of the 1MDB scam has agreed to forfeit property assets that include a boutique hotel in Beverly Hills… Read More>>
A mainland developer leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company has banished the boss of its football team after a string of bad results.
In other news around the… Read More>>
Evergrande Life chairman Zhu Jialin has resigned after a little more than a year in his position with the insurance division of China’s third largest developer by sales, China Evergrande Group, according to a local media report.
Zhu is said… Read More>>
The woes of a financially troubled conglomerate lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Hainan-based group is shedding cash at a much faster rate than it is relieving its debt… Read More>>
A Shenzhen-listed developer of industrial estates leads the way in Mingtiandi’s roundup of real estate headlines today as it files paperwork to float a real estate investment trust in Hong Kong, with sources expecting up to $800 million to be… Read More>>
Just over two weeks after China Evergrande Group warned shareholders of falling profits for the period up to the end of June, the country’s third-largest developer by sales has posted its first drop in returns since 2016.
The Shenzhen-based real… Read More>>
China’s third-largest developer by sales, China Evergrande Group, has warned shareholders of falling profits for the first half of the year, according to an alert filed with the Hong Kong stock exchange last Friday.
The Shenzhen-based real estate giant told… Read More>>
Country Garden has retained its crown as China’s top developer, measured by contracted sales, despite being one of only two of the nation’s top ten builders to see their performance drop during the first half of the year.
The Guangdong-based… Read More>>
