A son of the chairman of Shenzhen developer Kaisa Group Holdings failed in a bid to wrest control of troubled Hong Kong finance firm Convoy Global Holdings this past week, as a shareholders meeting was halted after just ten minutes.
In this week’s edition of People in the News, a stalwart of the region-wide Guoco investment group retires after 40 years of service, while the next generation rises at mainland Chinese property management firm Kaisa Prosperity Holdings. In other moves,… Read More>>
In what is shaping up to be another busy year in succession planning in the Pearl River Delta, Kaisa Group Holdings Ltd announced to the Hong Kong stock exchange this month that Kwok Hiu-kwan, son of Kaisa co-founder… Read More>>
Today’s roundup of mainland China stories features a Shenzhen-based developer announcing plans for a second headquarters in Beijing, as well as a humbling turn of events for a once-chic shopping centre in China’s capital.
Also in the… Read More>>
A battle for control of a New York stock exchange-listed mainland developer entered its latest chapter this week when Nam Tai Property announced a new chairman, CEO and CFO.
The leadership change by the Shenzhen-based developer came after Kwok Ying… Read More>>
AIP Asset Management and Tokyu Land are planning an Australian REIT, providing a path to monetising the Korean investment firm’s Australian property assets including the Red Cross HQ in Sydney and the Louisa Lawson Building in Canberra.
In other news,… Read More>>
Kaisa Group Holdings has expanded its foothold in Hong Kong as the Shenzhen-based developer beat out 14 other bids to take home a site in the New Territories, according to an announcement by Hong Kong’s Lands Department late Monday.
The… Read More>>
Infamous for its 2015 debt defaults, developer Kaisa Group is back in the news this week with a new take on trouble, as the Hong Kong-listed firm now says that one of its Xi’an projects has been illicitly taken over… Read More>>
After making our way through days of mooncakes and national celebrations this past two weeks, Asia is back to work in earnest today with top level real estate investment and development executives finding new desks to launch their emails from…. Read More>>
Less than three months after revealing that it had defaulted on more than RMB 1.1 billion ($174 million) in debts, beleaguered Chinese real estate developer Zhonghong Holdings is struggling to explain a deal with Shenzhen-based Kaisa Group that could bring… Read More>>