The value of home sales in China totaled only RMB 598.5 billion during the first two months of 2014, representing a five percent drop from the same period a year ago, as clampdown on credit starts to reduce the number… Read More>>
China Real Estate Stocks Dive After Bond Default
A broad range of China’s publicly traded real estate stocks were punished on stock exchanges in Shanghai, Shenzhen and Hong Kong today as investors reacted to the country’s first corporate bond default on Friday.
The Hang Seng Properties Index of… Read More>>
Country Garden Holdings Appoints US Chief Representative
Hong Kong-listed real estate developer Country Garden Holdings has reportedly appointed a veteran advisor on hotel development to serve as the company’s chief representative in the US. The move is significant as it seems to portend expansion by Guangdong-based Country… Read More>>
China Vanke 2013 Profits Up 21% on Sales of Smaller Homes
China Vanke Co. (3333), the nation’s biggest developer by market value traded on mainland exchanges, said full-year profit rose 21 percent as it sold more small and medium-sized homes that are less affected by government curbs.
Net income climbed to 15.12 billion yuan ($2.5 billion) in the 12 months to Dec. 31 from 12.55 billion yuan a year earlier, the Shenzhen, China-based company said in a statement today.
Evergrande Now Owns 5 Percent of Beijing’s Huaxia Bank
Guangzhou-based property developer Evergrande Group has brought its stake in China’s Huaxia Bank up to 5 percent from 4.522 percent in January, according to a statement filed by the bank with Shanghai Stock Exchange on Tuesday.
The latest announcement marks… Read More>>
GLP Signs 39,000 Sqm in Leases, Including New Vanke Deal
Warehouse developer Global Logistic Properties Limited (GLP) has signed three new lease agreements totaling 39,000 square meters (420,000 square feet) in Xi’an, and Suzhou.
The leases, with three different companies, in two separate cities, include an agreement to provide warehouse… Read More>>
Developer China Vanke Moves Stock Listing to Hong Kong
The biggest real estate company in the world’s second largest economy, China Vanke, announced this week that it is moving its stock listing from Shenzhen to Hong Kong.
The move, which was reported in the Wall Street Journal yesterday, allows… Read More>>
China Vanke in NY Real Estate Project with Hines and RFR
China Vanke, the largest real estate developer in the world’s second largest economy announced today that it has broken ground on a new project in New York City with US-based partners Hines and RFR Holdings.
Vanke President Yu Liang took… Read More>>
Vanke Boss Wang Shi Says China’s Entrepreneurs Need to Lead
Vanke founder Wang Shi is offering advice for Chinese society, and his recommendation is that the country’s entrepreneurs need to play a bigger role in deciding the country’s future.
Since resigning as CEO of China’s largest real estate developer in… Read More>>
China Vanke Sales Rise 45% in January to RMB 27 Bil
China Vanke Co. (000002.SZ), the nation’s largest property developer by revenue, showed a continued upswing in sales last month reaching 27.65 billion yuan ($5.8 billion) during January.
According to a report in the Wall Street Journal, Vanke’s achievement represented a 45 percent increase over the mark for January 2013, when it sold RMB 19.07 billion.
- « Previous Page
- 1
- …
- 33
- 34
- 35
- 36
- 37
- …
- 46
- Next Page »