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Hangzhou Yellow Dragon Stadium

Hangzhou China’s Leading Loser as Housing Prices Drop 1.1%

2014/09/18 by Michael Cole Leave a Comment

China’s housing prices slid for the fourth straight month in August as potential buyers continued to wait for lower prices despite removal of home purchase restrictions in many cities. According to new numbers released today by the National Bureau of… Read More>>

Li Sze-lim Guangzhou R&F

Moody’s Downgrades 3 China Developers in Real Estate Downturn

2014/09/18 by Michael Cole Leave a Comment

The combined pressures of higher debt and slowing sales for China’s real estate developers led a major ratings agency to downgrade the credit prospects of Fantasia Holdings, Guangzhou R&F, and Greentown China during the last month.

Moody’s Investor Services downgraded… Read More>>

Cao Jianliao Guangzhou

HK-Listed Developer KWG Tied to Guangzhou Corruption Case

2014/09/17 by Michael Cole Leave a Comment

Kong Jian Min, the chairman of KWG Property Holdings, is ranked 181st on the Forbes China Rich List, with a personal fortune estimated at $950 million. According to a report on mainland news site Caixin today, however, the Guangzhou real… Read More>>

Mico Chung Cho Yee

CSI Properties to Raise HK$442M in Share Sale

2014/09/17 by Michael Cole Leave a Comment

CSI Properties became the latest Hong Kong-listed developer to head to the equity markets for new capital today when the company announced a HK$442.4 million (US$71.98 million) placement of new shares.

The developer controlled by Mico Chung Cho-yee said that… Read More>>

China real estate finance professionals

More Than 120 Guests Expected for Thursday Real Estate Event

2014/09/17 by Michael Cole Leave a Comment

More than 120 guests have now reserved spaces at Mingtiandi’s China real estate networking event this Thursday, as the monthly gathering continues to grow in popularity.

The get-together on Thursday, September 18th is a continuation of the successful series of industry gatherings… Read More>>

Dai Haibo FTZ

Shanghai FTZ Leader Removed During Anti-Corruption Drive

2014/09/16 by Michael Cole Leave a Comment

The leader of Shanghai’s free trade zone abruptly left his position with the slow developing economic project in what is suspected to be part of a crackdown on corrupt officials in China’s largest city.

Dai Haibo, the executive deputy director… Read More>>

Penda Home Cafe

Beijing Architects Propose Planter Cafes to Battle Smog

2014/09/16 by Michael Cole Leave a Comment

Beijing-based design house Penda recently proposed a rebar and timber cafe lined with planters for a Chinese real estate developer that hopes to take the green restaurant concept nationwide.

Commissioned by Beijing hotel developer Hongkun to come up with a… Read More>>

Socam Chengdu prices

Socam Slashes Chengdu Prices by 30% in Scramble for Cash

2014/09/14 by Michael Cole Leave a Comment

Socam Development, an affiliate of Shui On Land cut prices by 30 percent at a housing project in central Chengdu last week as the troubled real estate company struggles against slumping sales and falling prices.

According to local media reports,… Read More>>

Wu Binglin Ningxia Xinglin Real Estate

Bad Boy Broker Caught After RMB 200M Real Estate Fraud

2014/09/14 by Michael Cole Leave a Comment

120 outlets of China’s Ningxia Xinglin Real Estate Marketing Co suddenly shut their doors in recent weeks after more than 1200 customers across four provinces reported having been cheated by the property brokerage.

Now the company’s owner, Wu Binglin, is… Read More>>

china real estate sales revenue

China Housing Sales Fall By 10.9% in 2014 as Economy Slows

2014/09/13 by Michael Cole Leave a Comment

China’s sales of homes fell by 10.9 percent during the first eight months of 2014 compared to the same period last year – an even more dramatic slowdown than the 10.5 percent drop recorded during the period through July.

The… Read More>>

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