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zhang zhirong tb

Glorious Coughs Up Coupon Payment After Creditors Interview Lawyers

2015/09/11 by Michael Cole Leave a Comment

Glorious Property, the Shanghai-based real estate developer that missed missed debt payments repeatedly this year, has made good on a coupon obligation after bond holders sought legal advice, according to media reports.

The property firm belonging to troubled tycoon Zhang… Read More>>

patrick leahy

Mingtiandi to Lead EB-5 Expert Session in Shanghai Today

2015/09/11 by Michael Cole Leave a Comment

The EB-5 program, a US government investor visa initiative that has been overwhelmed by demand from Chinese investors, is due to expire this month, unless Congress decides to renew it.

While re-approval for the dollars for visa scheme appears likely,… Read More>>

zhang zhirong

Glorious Property Misses Payments on $1.02B in Debt

2015/09/07 by Michael Cole Leave a Comment

Hong Kong-listed real estate developer Glorious Property could become the latest victim of China’s property crunch after the mainland builder disclosed last week that its revenues had dropped 85 percent this year and it had failed to make payments on… Read More>>

Suning sales

Suning Signs Deal to Open 40 Shops in Wanda Malls

2015/09/07 by Michael Cole Leave a Comment

Two of China’s retail giants surprised the market today with the announcement of cooperation agreement the calls for electronics seller Suning to open 40 new shops in Dalian Wanda’s malls in the next four months.

The two companies indicated that… Read More>>

Chen Guo

China’s HNA Group Buys Reuters HQ Building in London

2015/09/03 by Michael Cole Leave a Comment

HNA Group, the parent company of China’s privately owned Hainan Airlines, jumped into the London real estate market this week by purchasing a ten-storey tower that is Reuters news agency’s European home.

HNA, which is chaired by Hainan Airlines founder… Read More>>

china housing prices

Housing Market Heats Up During China’s Hottest Month

2015/09/03 by Michael Cole Leave a Comment

Monthly growth in average home prices in China grew to 0.95 percent during August as the country’s housing market heated up during a traditionally slow sales month.

The average price across 100 of China’s biggest cities grew to RMB 10,787… Read More>>

22 Barker Road Hong Kong

Did Jack Ma Just Spend $193M on a Hong Kong Home?

2015/08/16 by Michael Cole Leave a Comment

Alibaba’s Jack Ma may be the hero of Hangzhou, but following his company’s $25 billion IPO last year, the Chinese tech giant appears to have picked up a pied-a-terre in Hong Kong.

Ma is reported by the South China Morning… Read More>>

China unsold homes

Improving Home Sales Fail to Revive China Real Estate Investment

2015/08/16 by Michael Cole Leave a Comment

Several months of policy tweaking by Chinese authorities appears to have revived home sales, but the country’s all important real estate sector has yet to see a revival in investment levels, according to newly released figures from China’s National Bureau… Read More>>

Kwok Ying-shing

Yuan Depreciation Adds to Pressure on Chinese Property Developers

2015/08/14 by Michael Cole Leave a Comment

The Chinese yuan has fallen as much as 4.67 percent in the last week, and while the sudden change has been cheered by China’s exporters, it could be bad news for the country’s heavily indebted property developers.

After trading at… Read More>>

George Agethen

George Agethen Joins Ivanhoé Cambridge as Canadian Fund Manager Expands in Asia

2015/08/13 by Michael Cole Leave a Comment

Ivanhoé Cambridge announced today the appointment of George Agethen as Senior Vice President, Asia-Pacific, Growth Markets.

Agethen’s recruitment comes as the Canadian real estate fund manager steps up its activities in Asia after leading more than $1.3 billion in Chinese… Read More>>

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