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>>
China Mortgage Losses Could Hit $350B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s property crisis threatens to blow a $350 billion hole in the banking system’s mortgage portfolio, a Hong Kong political figure urges the appointment of Ping An reps to HSBC’s board, and debt-stricken… Read More>>
HSBC Leads $717M Refinancing of London’s Cheesegrater for CC Land
Mainland China developer CC Land Holdings has secured £605 million ($716.82 million) in fresh financing for its “Cheesegrater” office tower in London in a deal led by HSBC, according to a statement by the banking giant on Monday.
HSBC’s UK… Read More>>
HSBC AM Names Yigit Onat as Head of Multi-Asset for Asia
HSBC Asset Management has appointed its chief investment officer for Turkey as the new head of its multi-asset business unit for all of Asia, according to an announcement this week.
Yigit Onat’s appointment will take effect on 20 June, subject… Read More>>
Sydney’s One Circular Quay Nears $700M Sale and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, an uncompleted former Dalian Wanda dream project in Sydney is on the cusp of being sold by its third Chinese owner, according to Aussie media reports. Also in the news, housing broker Beike… Read More>>
China Home Sales Slide Over May Day and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s bid to boost home sales during the Labour Day holiday week falls flat, Shanghai’s state-backed landlords suspend rent collection from tenants for up to six months, and Singapore-listed OUE Commercial REIT aims… Read More>>
Waldorf Astoria Condo Conversion Stalls in NYC and More Asia Real Estate Headlines
Anbang Insurance’s $1.95 billion purchase of New York’s Waldorf Astoria was one of the biggest real estate stories of 2014 and today the struggles of the mainland firm’s successor to complete the project lead Mingtiandi’s headline roundup.
Xi Says China Will Build More Infrastructure and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese President Xi Jinping plans an infrastructure push to spur economic growth, the Hong Kong stock exchange’s profit drops amid an IPO drought, and a Good Class Bungalow on Singapore’s Olive Road finds… Read More>>
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