Out of the world’s 20 real wealthiest real estate tycoons, 13 of them are Chinese, according to the latest Forbes Rich List which tracks the fortunes of the world’s wealthiest people.
Only six of the richest real estate 20 are… Read More>>
Market Puzzled By Evergrande’s $877M Share Buyback Scheme
A recent US$877 million share buy-back by real estate developer Guangzhou Evergrande has market observers puzzled regarding the Hong Kong-listed firm’s financial strategy.
The shares were purchased by the developer over a two week period this month, and amount to 6.33 percent of the company’s total stock. This move follows soon after an unexpected RMB 2.3 billion (US$378 million) special dividend that the company paid to shareholders in November.
Harvard and Evergrande Clarify Plans for China Hospitals
A hospital affiliated with Harvard University this week restated its interest in developing hospitals in China together with real estate developer Guangzhou Evergrande. The potential cooperative healthcare project was first reported in December last year, shortly after the property firm… Read More>>
Evergrande Jumps into Water Biz with RMB5.7B in Orders
Not content with being China’s second largest real estate developer or winning the AFC Champions League soccer crown, Guanzhou-based Evergrande Group announced orders worth RMB 5.7 billion ($940 million) for its new bottled water brand, Evergrande Spring over the weekend.
At a ceremony in the city of Qingyuan in Guangdong, the company’s chairman, Xu Jiayin announced plans to…
Developer Evergrande 2013 Sales Hit RMB 100.4 Billion
China’s Evergrande Real Estate became the third of the country’s major developers to declare 2013 sales in excess of RMB 100 billion this week, when the Hong Kong-listed company announced revenues of RMB 100.4 billion.
The company, which last month announced plans for setting up joint venture hospitals in China with America’s Harvard University, is
China Real Estate Giants Now Investing in Harvard
Not content with buying buildings in New York or purchasing Picassos, China’s real estate moguls are now investing in Ivy League universities.
Harvard University announced on Monday that it is receiving a gift of “university-wide, interdisciplinary support” from Chinese property… Read More>>
Evergrande 1H Sales Hit RMB 41.95 Bil – and more of Today’s China Real Estate Links | August 28, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Leading mainland developer Evergrande Real Estate Group… Read More>>
Evergrande First-Half Underlying Profit Rises 23% on Home Sales – and more of Today’s China Real Estate Links | August 27, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Evergrande Real Estate Group Ltd. (3333), China’s biggest developer by sales… Read More>>
China’s Top 10 Real Estate Developers for 2013
A recent joint report published by two Chinese real estate groups ranks the top 500 property developers in China and compares their outlooks for the coming year. The report shows China Vanke keeping its top spot among the developers, and… Read More>>
China real estate experts bet on housing prices – and more of Today’s China Real Estate Links | March 25, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Although it has become somewhat fashionable for Chinese property tycoons and experts to… Read More>>