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Ling Ke, the chairman of China’s Gemdale Properties resigned on Tuesday.

Gemdale Chairman Exit Triggers Latest China Crisis and More Asia Real Estate Headlines

2023/10/17 by Ponrath Sopannarath Leave a Comment

The chairman of China’s Gemdale Properties resigned on Tuesday after 25 years leading the company and a resulting meltdown in the company’s stocks and bonds leads today’s collection of real estate headlines from around the region. Country Garden also makes… Read More>>

Li Xiaopeng, the former chairman of China Everbright Group Ltd. (Image: VCG)

Former China Everbright Boss Arrested for Graft and More Asia Real Estate Headlines

2023/10/15 by Ponrath Sopannarath Leave a Comment

The arrest of the former chairman of a Chinese financial giant leads today’s collection of real estate headlines from around the region, as the mainland’s graft crackdown continues. Also in the news, Capitaland’s China REIT prices a set of offshore… Read More>>

Peter Ma Mingzhe, founder and chairman of Ping An Insurance Group (Source: Ping An)

Moody’s Cuts Ping An Property Arm to Junk and More Asia Real Estate Headlines

2023/10/12 by Ponrath Sopannarath Leave a Comment

The continuing decay in China’s real estate sector leads today’s collection of headlines from around the region, with Moody’s downgrading one of the country’s largest developers to junk. Also making the list today, PGIM launches a tech-powered investment platform and… Read More>>

evergrande hengchi

Investor in Evergrande EV Unit Freezes Payments and More Asia Real Estate Headlines

2023/10/09 by Ponrath Sopannarath Leave a Comment

A fresh setback in China Evergrande Group’s quest for solvency leads today’s list of real estate headlines from around Asia as a would-be investor in the company’s car unit freezes payments. Also in the news, Country Garden faces another bond… Read More>>

Vietnam Says Van Thinh Phat Committed $1.2B Fraud and More Asia Real Estate Headlines

2023/10/03 by Ponrath Sopannarath Leave a Comment

The scam that brought down Vietnam’s real estate market leads today’s collection of headlines from around the region, with police in Southeast Asia’s fastest-growing economy giving an update on the Van Thinh Phat saga. Also in the news, Evergrande resumes… Read More>>

Clara Chan, the first CEO of a new $8B sovereign fund

Hong Kong Picks HKMA Official to Lead $8B Fund and More Asia Real Estate Headlines

2023/10/02 by Ponrath Sopannarath Leave a Comment

Hong Kong is setting up a new $8 billion municipal investment fund and has named an executive at the city’s de facto state bank as its first CEO, with that story leading Mingtiandi’s headline roundup today. Also in the news,… Read More>>

Opus Hong Kong developed by Swire Properties (Photography: Thomas Mayer)

Cheung Kei Chief’s Seized Hong Kong Flat Sold at 39% Off and More Asia Real Estate Headlines

2023/09/29 by Ponrath Sopannarath Leave a Comment

Chen Hongtian’s seized Hong Kong flat finally selling at 39 percent below the valuation price leads today’s collection of real estate headlines from around the region. Also in the news, China Evergrande has sold its yacht for $32 million as… Read More>>

Xu Jiayin Evergrande

Evergrande Says Chairman Suspected of Crimes, Subject to “Mandatory Measures”

2023/09/29 by Michael Cole Leave a Comment

In an announcement to the Hong Kong stock exchange late on the eve of China’s Mid-Autumn Festival holiday on Thursday China Evergrande Group followed up on media reports that its chairman is in police custody with a confirmation of criminal… Read More>>

Wang Jianlin Wanda Getty Images

China’s Wanda Renegotiating $4B in Pre-IPO Funding and More Asia Real Estate Headlines

2023/09/28 by Ponrath Sopannarath Leave a Comment

China’s Dalian Wanda Group saw its application for a Hong Kong IPO lapse for a fourth time last week, and the company’s attempt to renegotiate $4 billion in pre-IPO financing leads our headline roundup today. Also in the news, China… Read More>>

Evergrande Chairman Detained, Liquidation Looms and More Asia Real Estate Headlines

2023/09/27 by Ponrath Sopannarath Leave a Comment

The mounting woes at China Evergrande, and their impact on China’s property sector, lead today’s collection of real estate headlines from around the region. Vietnam also makes the list with a crisis of its own, and statistics show Greater China… Read More>>

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