Evergrande Real Estate’s core net profits fell by 23 percent in the first half of 2016 as an increase in revenue was unable to offset a range of higher costs. Total borrowings for China’s most highly levered developer jumped to… Read More>>
China Evergrande Profit Tumbles 23% and More China Real Estate Headlines
Aggressive bets by China Evergrande helped the top five developer watch its profits slow by nearly a quarter during the first half of this year, while the Wall Street Journal discovers that Chinese developers have discovered America. Meanwhile, Chinese banks… Read More>>
Wanda’s HK De-Listing Set For September and More Asia Real Estate Headlines
Wang Jianlin will finally get his wish come September this year, after rounding up support to de-list Wanda Commercial Properties from the Hong Kong exchange, in favor of a mainland listing. Meanwhile, GLP teams up with a state-run manufacturer to… Read More>>
China Home Price Recovery Slows as Restrictions Bite and More Asia Real Estate Headlines
China’s latest round of market data has been released, showing average home prices grew in fewer cities in July after housing sales restrictions were adopted in more cities. Also in the news, Evergrande continues its pursuit of a larger stake… Read More>>
Wharf Says HK Retail Ready to Rebound and More Asia Real Estate Headlines
Luxury sales in Hong Kong are still sliding, but Wharf Holdings, one of the city’s biggest retail landlords sees light at the end of the tunnel. Slightly further north, the rulers of Beijing are counting on moving 15 percent of… Read More>>
Stanley Ho Buys Orchard Road Site for $105M and More Greater China Real Estate Headlines
The king of the Hong Kong casinos is branching out in Singapore malls as Shun Tak real estate buys a plot on Orchard Road, plus China City Construction, which was recently seen as a default risk has paid off an… Read More>>
Blackrock Turns Positive on China Property and More China Real Estate Headlines 2015-10-22
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Blackrock Turns Positive on China Property Stocks
As China transitions from an old investment-fuelled economy to one that is services-oriented, BlackRock… Read More>>
Blackrock Waits for Mainland Opportunities and More China Real Estate Headlines 2015-10-07
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Blackrock Hypes China Opportunities as Market Cools
BlackRock, the world’s largest asset manager, says it is time to actively look for… Read More>>
Evergrande Plans to List Loss-Making Bottled Water Subsidiary
Evergrande Real Estate Group, a top-five Chinese developer noted for its daring approach to finance, announced recently that it has applied and received approval to list its bottled water subsidiary, Evergrande Spring, on China’s New Third Board.
The bottled water… Read More>>
China to Allow 100% Foreign-Owned Hospitals
China took a major step towards opening up its healthcare sector to foreign investment this week, when the Ministry of Commerce and the National Health and Family Planning Commission jointly announced that foreign companies will be allowed to wholly own… Read More>>
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