Goldin Financial Holdings has agreed to sell a residential site on Hong Kong’s former airport at a HK$2.6 billion ($340 million) loss, as the company seeks to free up cash amid a downturn in the Asian financial hub.
The financial… Read More>>
Asia real estate and outbound investment news
Goldin Financial Holdings has agreed to sell a residential site on Hong Kong’s former airport at a HK$2.6 billion ($340 million) loss, as the company seeks to free up cash amid a downturn in the Asian financial hub.
The financial… Read More>>
Hong Kong’s Lands Department on Wednesday announced that a residential site on what was once the runway of the city’s Kai Tak Airport has been awarded to Hong Kong financial conglomerate Goldin Group for HK$8.9 billion ($1.14 billion).
The 9,708… Read More>>
This week a top executive and board member leaves one of Hong Kong’s best-known real estate developers, a mainland financial giant recruits a fund manager from a major US developer and a Chinese executive climbs the corporate ladder in Japan…. Read More>>
Tesla is partnering with a government-owned business park developer to open a mainland production facility in Shanghai, Hong Kong’s central bank wonders if offering 120 percent mortgages might be risky, and two companies linked to questionable trading may not be… Read More>>
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
CPPIB and Goodman Commit $1.25B More for China Logistics
Canada Pension Plan Investment Board (CPPIB) and Australia-based integrated property firm Goodman… Read More>>
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Anbang Pays $420M to Up Sino-Ocean Stake
Anbang Insurance Group Co. paid HK$3.3 billion ($420 million) to raise its stake in… Read More>>
The Hong Kong-Shanghai stock connect has helped drive the Hang Seng properties index up by nearly 17 percent since it opened in November, but now the cross-border equities link has helped to bring one developer down 41 percent. In a… Read More>>