When it emerged a few weeks back that Dalian Wanda was considering to buy Dick Clark Productions for $1 billion, it seemed like an odd arrangement. One is a Chinese mall developer founded by a former Army officer while the… Read More>>
China’s Richest Man Warns Of Biggest Housing Bubble In History
Dalian Wanda chairman Wang Jianlin believes China’s real estate sector is facing the biggest housing bubble in history and warned China’s leaders could face a similar headache in the property sector to what it had to deal with when the… Read More>>
Evergrande Dumps Money-Losing Consumer Businesses to Refocus on Real Estate
With debt obligations sitting at RMB 381.3 billion ($57 billion) as of the end of June, Evergrande Group has dumped its money-losing agribusiness, dairy and spring water divisions as Xu Jiayin’s dreams of branching out from real estate into consumer… Read More>>
Two Suzhou Land Plots Fetch $753.7M As Second Tier Cities Heat Up
Last week it was Nanjing bringing in a staggering $6 billion in land sales. This week it’s Suzhou’s turn to make some noise after Yanlord Group acquired two land plots in the city for RMB 3.7 billion ($753.7 million) at… Read More>>
Happy National Day From Mingtiandi
Today we are wrapping up September, which means it’s time to get ready for one of China’s biggest holidays of the year, the National Day celebration, which starts on October 1st.
The People’s Republic of China was founded on October… Read More>>
Colony Seals Deal with China’s Oceanwide to Bring Atlantis Resort to Hawaii
US hotels and resorts continue to be a target for Chinese investors after one of the mainland’s biggest property developers recently signed a deal with Kerzner International to develop a super-luxury Atlantis resort on the Hawaiian island of Oahu.
China’s… Read More>>
UBS Bubble Index Shows Impact of Chinese Investors on Vancouver, Sydney
As housing markets on the mainland have started to look more dicey, Chinese home buyers have flocked to global gateway cities such as Vancouver and Sydney, driving up home prices and stunning local residents.
Analysts have cautioned that mainland capital… Read More>>
Does Wang Jianlin Hope $1B and Dick Clark Will Make Him a Hollywood Star?
They say there’s no business like show business and perhaps that explains why Dalian Wanda’s chief Wang Jianlin has his sights set on taking over Hollywood one deal at a time. The Chinese tycoon is reportedly now in talks to… Read More>>
Wary Investors Not Yet Sold on China’s 2nd-Tier Cities Despite Housing Rebound
Real estate prices in Nanjing have risen more than 36 percent in the last year and in Xiamen the cost of a new home has shot up by over 44 percent in the same period as the Chinese government has… Read More>>
Dalian Wanda Signs Deal with Sony After Failing to Buy Paramount Stake
Chinese billionaire Wang Jianlin’s dreams of a building Hollywood empire continue to take shape after his Dalian Wanda Group signed a deal with Sony Pictures last week to collaborate on movie projects.
The alliance between the Chinese property developer turned… Read More>>
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