Asia real estate and outbound investment news
Sinic Holdings, a midsize builder and early defaulter during China’s ongoing real estate crisis, is set to be the first mainland developer to be stricken from the Hong Kong stock exchange during the current real estate crisis.
Sinic’s shares will… Read More>>
Singapore continues to attract tech giants from both east and west, with China’s Tencent now reported to be opening its first office in the city-state, soon after Tiktok’s parent firm Bytedance chose to upsize its footprint in the city.
Also… Read More>>
A month after China Evergrande sold a $3 billion stake in its property management spin-off ahead of an IPO, competing developer Sino-Ocean Group announced plans to seek a separate Hong Kong listing for its services arm.
Sino-Ocean Service Holding Limited,… Read More>>
Prefabricated construction firm Changsha Broad Homes Industrial Group kicked off an initial public offering in Hong Kong today that could value the company at HK$6.6 billion ($840 million).
The Changsha-based company, which was founded a decade ago by heating and… Read More>>
Warburg Pincus-backed warehouse investment platform ESR plans to re-launch an initial public offering in Hong Kong, with the company having filed an updated prospectus with the city’s stock exchange late on Thursday.
ESR, which manages $20.2 billion in assets across… Read More>>
ESR Cayman, which manages a portfolio of 152 logistics properties across Asia, has begun marketing to investors a HK$9.8 billion ($1.24 billion) initial public offering in Hong Kong, according to an announcement by the developer and fund manager today.
The… Read More>>
The richest woman in China, Yang Huiyan, has plumped her gaudy profile even further, becoming co-chair of Hong Kong-listed Country Garden Holdings alongside her father, self-made tycoon Yang Guoqiang, or Yeung Kwok Keung as he is known in Hong Kong.
According to information from the Hong Kong stock exchange, JP Morgan Chase & Co used a flurry of share trades to build its stake in China Vanke, the third largest real estate developer in China, to 11.13 percent as of… Read More>>
Leading today’s Hong Kong real estate news, the city’s financial chief said the government is mulling tax sweeteners to make housing a bit more affordable for renters. Also in the headlines, the Hong Kong Stock Exchange will be moving its… Read More>>
A feud between a Hong Kong-listed real estate investment trust and one its biggest unit holders is ramping up, with alternative investment manager PAG demanding action by Hong Kong regulators over what it deems to be misleading statements by the… Read More>>
