Readers of today’s headlines may be sharpening their screenwriting skills as the opportunity to write the Chinese version of the Big Short is looking more likely than ever before. Also, in the news, China’s richest man adds marathons to his… Read More>>
Shanghai, Shenzhen Home Sales Slide and More China Real Estate Headlines
Home sales fell sharply in two of China’s hottest property markets after local governments hiked downpayment rates, but not after the surge in the housing sector appears to have helped boost retail activity. Meanwhile, seemingly not content to with being… Read More>>
Blackstone Chief Pushes for Transparency and More China Real Estate Headlines 2016-03-03
The head of the world’s biggest alternative investor thinks China should get more transparent about its policies, while one of Hong Kong’s most controversial developers put out the highest bid for a luxury condo site. Also, a US mall giant… Read More>>
Vantone Scales Back US Plans – And more China real estate headlines
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Beijing’s Vantone Scales Back Plans for US Centre by 85%
A Chinese company is looking to shrink its footprint at One… Read More>>
Market Slump? China’s Real Estate Tycoons Get More Private Jets
Frugality may be the watchword under Xi Jinping’s regime, but apparently some of the country’s real estate moguls are hoping that the new guidelines don’t apply to their private aircraft.
And there don’t appear to be any Cessnas in sight… Read More>>
ResortsWorld Casino and Greenland Group Korean Deals Halted
The new governor of South Korea’s Jeju island has decided that Chinese property projects in the gambling mecca, including a $2.2 billion casino and a 63-storey resort tower, need a second look and this could mean trouble for some mainland… Read More>>
Casino Investors Find They Just Paid for Chairman’s $53M Plane
After signing a daring deal in February to launch a US$2.2 billion resort and casino on Korea’s Jeju Island, the chairman of a little known Chinese real estate developer raised HK$661 million (US$85 million) to develop the project. Now, however,… Read More>>
Chinese Firm Teams with Sentosa Developer for US$2.2B S Korea Casino
A Chinese developer is teaming up with the company behind one of Singapore’s Sentosa casinos to invest US$2.2 billion in a new gambling-centred project in South Korea, the companies announced this week.
The joint venture between Genting Singapore Plc and… Read More>>