Asia real estate and outbound investment news
Less than two years after delisting from the New York Stock Exchange, China’s largest real estate agency has submitted an IPO application to the Hong Kong Stock Exchange, according to a statement uploaded to the exchange’s website.
E-House China, which… Read More>>
Dalian Wanda Commercial Properties has raised US$3.7 billion through a Hong Kong IPO, after the Chinese real estate company belonging to PLA officer turned billionaire businessman Wang Jianlin is said to have priced its shares today.
A report in FinanceAsia… Read More>>
Despite an onslaught of scary headlines about Chinese real estate, at least one mainland property developer sees 2014 as a good time to start selling shares on Hong Kong’s stock market.
Beijing-based Guorui Properties Ltd is hoping to raise $242.4… Read More>>
Hong Kong’s surging stock market has attracted a new influx of IPOs, including two China real estate firms planning new listings within the next 30 days.
According to media reports, hotel trust Jinmao Investments and Jinmao (China) Investments Holdings, which was… Read More>>
Sunshine 100 China Holdings Ltd, a commercial and residential real estate developer backed by US private equity firm Warburg Pincus had a low-end debut on the Hong Kong Stock Exchange last week as the company’s IPO came in at the bottom of pricing expectations.
Sunshine 100 raised HK$2 billion (US$258 million) after pricing its 500 million share offering at HK$4.00 per share, compared to marketing range of HK$4.00 to HK$4.80 each.
China’s real estate companies have captured major headlines for expanding geographically into global real estate markets, and now the country’s biggest developer, China Vanke, is expanding into the finance sector with a $442 million investment into a bank IPO.
Last… Read More>>
