GLP is said to be considering a listing of its China unit on the Hong Kong stock exchange as early as next year, following the recent proposed sale of the industrial specialist’s ex-China fund business to US-based Ares Management.
GLP… Read More>>
Sinic Holdings Becomes First Chinese Developer to Delist During Real Estate Crisis
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>>
Tencent to Open First SG Office in OCBC Centre East and More Asia Real Estate Headlines
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>>
Sino-Ocean Follows Evergrande, Sunac in Filing for HK Property Management IPO
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>>
Sky City Builder Broad Homes Launches HK$1.2B IPO in Hong Kong
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>>
ESR Refiles for Hong Kong IPO as Market Recovers
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>>
Warburg Pincus-Backed Logistics Platform ESR Files for $1.24B Hong Kong IPO
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>>
HK-Listed Developer Country Garden Elevates Yang Huiyan, China’s Richest Woman, to Co-Chair
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.
JP Morgan Chase Builds 11% Stake in China Vanke
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>>
City Weighs Tax Deduction for Renters and More Hong Kong Real Estate Headlines
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>>