H World Group Limited posted a 15.4 percent year-on-year jump in net profit for the third quarter of 2025, after China’s largest operator of budget inns added 564 hotels to its portfolio in the country during the three-month period.
Net… Read More>>
China Vanke Announces Chairman Switch Following Detention Reports
China Vanke is facing a fresh challenge after the embattled mainland developer revealed on Monday that its chairman has resigned after less than nine months on the job, with reports indicating that the long-time Shenzhen Metro boss has been detained… Read More>>
CapitaLand China Mall REIT Jumps 13% in First Day of Trading
Trading for CapitaLand Investment’s first domestically listed REIT of Chinese assets rose 12.6 percent in its first day of trading on the Shanghai Stock Exchange on Monday after raising RMB 2.29 billion ($322 million) through its IPO.
Seeded with one… Read More>>
China’s DNE Group Closes on $491M for RMB Industrial Fund
Shanghai-based DNE Group announced on Friday that it has reached a final close on RMB 3.5 billion ($490.5 million) in capital for its latest renminbi fund, targeting investments in logistics, manufacturing parks and other industrial facilities in China’s key gateway… Read More>>
GLP Sells 5 Properties to Close on $281M China Income Fund
Industrial developer and investment manager GLP on Monday announced the closing of its latest mainland China income fund with RMB 2 billion ($281 million) in assets under management.
GLP China Income Fund XIV is a partnership with a leading global… Read More>>
Bain Capital Sells China Data Centre Business to Local Consortium for $3.9B
Bain Capital has agreed to sell the China operations of the data centre platform formerly known as Chindata for RMB 28 billion ($3.93 billion), marking the largest merger and acquisition deal ever in China’s data centre industry, the US private… Read More>>
China Property Investment Deals Fell 46% in Q2 to Lead APAC Market Decline
Mainland China and Hong Kong saw the largest declines in commercial real estate investment among all Asia Pacific countries in the second quarter of 2025 as investors took a more cautious approach amid a renewed trade war, according to MSCI.
GLP Sells Stake in China Data Centre Business to Zhejiang Govt Entities for $350M
Industrial developer and fund manager GLP announced Tuesday that it has secured RMB 2.5 billion ($349.5 million) in investment from Zhejiang government entities to expand its China data center business.
The investors include Quzhou Industrial Holding Group, a state-owned investment… Read More>>
Country Garden Secures Backing For $14.1B Offshore Debt Overhaul
Just a few days after China Evergrande Group exited the Hong Kong stock exchange after defaulting on $45 billion in obligations, another struggling Chinese property giant had happier news as Country Garden Holdings announced a deal with creditors.
The developer,… Read More>>
Joy City Property Eyes $370M Share Buyback in Bid to Privatise Mainland Builder
The board of Joy City Property on Thursday proposed a HK$2.93 billion ($370 million) buyback of the mainland commercial developer’s shares as part of a plan to take the Hong Kong-listed company private.
Joy City would be wholly owned by… Read More>>
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