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Evergrande Profit Falls 49% in 2019 1H as Car Unit Loses RMB 2B

2019/08/12 by James Hatton Leave a Comment

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>>

Yang Guoqiang Country Garden

Country Garden Sales Drop 6% – Still Lead China’s Top 10 Builders

2019/07/07 by James Hatton Leave a Comment

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>>

Kai Tak runway

$1.7B Land Auction Postponed By Hong Kong Protests and More Asia Real Estate Headlines

2019/06/16 by James Hatton Leave a Comment

A dumped $1.7 billion land auction leads the way in Mingtiandi’s roundup of real estate headlines today with the Hong Kong government having postponed the sale of a residential site in Kowloon amid street protests against the now delayed… Read More>>

Asia Real Estate People in the News 2019-06-03

2019/06/03 by James Hatton Leave a Comment

In this week’s edition of People in the News, a major Singapore developer and investor names a new group chief executive officer, while a senior vice president is appointed at the sovereign wealth fund. Elsewhere, there are movers and shakers… Read More>>

xu jiayin evergrande

Evergrande Acquires US Electric Vehicle Pioneer Protean

2019/06/03 by Jan Kot Leave a Comment

China Evergrande Group has acquired American in-wheel electric motor company Protean for an undisclosed sum, as China’s second largest property developer by sales ramps up efforts to become a leader in the alternative energy vehicle industry.

The Guangdong-based developer made… Read More>>

Asia Real Estate People in the News 2019-05-20

2019/05/20 by James Hatton Leave a Comment

In this week’s edition of People in the News, there is a change at the top for a mainland developer as well as some fresh moves in the co-working sphere in Shanghai, while Colliers brings in new blood to boost… Read More>>

Zhang Jianlong

Govt Cracks Down on Illegal Villas and More China Real Estate Policy News

2019/04/30 by Dorothy Ma Leave a Comment

The latest regulatory wave in China involves the central government’s hard line on illegal villa developments, as Mingtiandi’s round-up of China regulatory news finds Evergrande, Country Garden and other developers paying the price for building illicit luxury projects in Hainan,… Read More>>

Xu Jiayin Evergrande

Mainland Builders Raise RMB 102B in New Cash and More China Real Estate Finance News

2019/04/11 by Iris Poon Leave a Comment

In early April, some of mainland China’s largest real estate developers continue to issue new dollar bonds as a spring sales recovery boosts demand for cash. Both Evergrande and Sunac made the headlines with their sales of $2 billion and… Read More>>

Xu Jiayin Evergrande

Hong Kong Housing Dip is Done, Analysts Say and More Asia Real Estate Headlines

2019/03/27 by Michael Cole Leave a Comment

The biggest industry in Asia’s biggest wealthiest city is back on the rise according to a straw poll of property analysts, which puts their prediction of higher prices on the way for Hong Kong housing at the top of Mingtiandi’s… Read More>>

country garden Jiangxi

Country Garden Eyes Smaller Cities for Growth and More Asia Real Estate Headlines

2019/03/19 by Nina Suebsukcharoen Leave a Comment

China’s top two property developers are going in different directions with Country Garden seeing its future in small cities and counties while Evergrande is increasing its investment in the electric car market. Meanwhile Club Med is planning to open a… Read More>>

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