In today’s roundup of regional news headlines, Canada’s Ivanhoe Cambridge is reported to be taking a new direction in its office partnership with India’s Embassy Group, and Chinese developer CC Land expects to swing to a hefty 2022 loss.
EY Walks Away From Auditing Mainland Developer and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, mainland developer DaFa announces the resignation of its auditor, and HSBC’s CEO offers an upbeat take on China’s beleaguered property sector.
EY Resigns as DaFa Auditor Over 2022 Results Dispute… Read More>>
China’s Fosun Receives $1.8B Loan from State-Owned Banks as Bailouts Continue
A subsidiary of Chinese investment giant Fosun International has received a RMB 12 billion ($1.8 billion) loan from a syndicate of mainland banks, according to reports, as the Chinese government ramps up support for indebted private firms.
Shanghai Fosun High… Read More>>
CapitaLand India Trust Launches Office Platform and More Asia Real Estate Headlines
In today’s roundup of regional headlines, CapitaLand India Trust has upped its commitments to India’s office sector and the chairman of HSBC’s largest shareholder calls for the break-up of the global bank. Hong Kong’s falling home prices are also back… Read More>>
Mainland Tycoons Buy Up Singapore Luxury Homes and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China-born billionaires make waves in the market for Singapore’s most expensive “bungalows”, Credit Suisse continues to suffer an exodus of bankers from its Hong Kong team, and data centre giant GDS eyes a… Read More>>
HSBC Boss Says China Crisis Just Getting Started and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the head of HSBC warns of at least two more years of pain in China’s commercial property market, Yanlord Land Group announces its subsidiary’s winning tender for the Lentor Central site in Singapore,… Read More>>
HSBC AM Promotes Victoria Sharpe to Global Head of Real Assets
HSBC Asset Management continues to grow its alternatives business, with the manager this week announcing two senior-level upgrades to the leadership of its real assets and private credit teams.
The global asset manager has promoted Victoria Sharpe, its current head… Read More>>
WeWork Launches Singapore Co-Working Tower and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, co-working giant WeWork launches a 21-floor location at Singapore’s Collyer Quay, HSBC cuts staff from its Hong Kong-based China debt team, and Fosun Tourism Group’s shares dip after its parent firm reportedly reduces… Read More>>
Investors Expect $130B in Losses on Chinese Bonds and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, investors fret over billions in expected losses on Chinese developers’ offshore bonds, Shenzhen-based Logan Group’s shares nosedive as trading resumes on the Hong Kong stock exchange, and Ping An Insurance defends its call… Read More>>
China Home Prices Post Rare Decline and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s new home prices post a rare decline amid a growing boycott crisis, banking giant HSBC continues to push back against break-up pressure, and Hong Kong lender Hang Seng reports a profit plunge… Read More>>
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