Today’s headlines prove that even Superman stumbles from time to time, after Li Ka-shing’s CK Property announced it will fail to hit its sales target for this year. Also making news today, China Jinmao spends big to get its hands… Read More>>
Shenzhen Shopkeepers Claim Cheating By Li Ka-shing and More Asia Real Estate Headlines
A couple of heavy hitters in Hong Kong are having a less than stellar start to the week. Shenzhen shopkeepers are not happy with tycoon Li Ka-shing and claim they have been cheated by his CK Hutchison Holdings. Meanwhile, elected… Read More>>
ADIA Opens Hong Kong Office And More Asia Real Estate Headlines
Hong Kong takes centre stage in the region’s real estate headlines today, starting with Abu Dhabi’s sovereign fund opening an office in the territory while the city’s Chow Tai Fook Enterprises may be venturing half-way around the world to buy… Read More>>
Li Ka-shing Sells Asia’s Priciest Building to China Life-Linked Fund for $2.96B
Companies controlled by Hong Kong billionaire Li Ka-shing have sold the Century Link commercial complex in Shanghai’s Pudong district for RMB 20 billion ($2.96 billion) according to statements to the Hong Kong stock exchange. The transaction sets a 2016 high-water… Read More>>
Li Ka-shing Feeling Brexit Blues And More Asia Real Estate Headlines
In the news today, Hong Kong’s Superman is weakened by kryptonite in its Brexit-form as shares in his affiliates continue to trend downward. Meanwhile Korea’s Lotte Department Store is teaming with Citic Group to enter the Shanghai retail sector and… Read More>>
Li Ka-Shing’s CK Property Jumps Back into HK Market with $252M Site Acquisition
Pronouncements of Li Ka-shing’s retreat from Greater China real estate markets may have missed the mark after Hong Kong’s richest man beat out Sun Hung Kai, China Vanke and 14 other bidders to win its first Hong Kong land auction… Read More>>
Li Ka-Shing Could Make HK’s Biggest Property Deal With $4.5 Bil Sale of The Center
Hong Kong’s richest man could make the city’s biggest property sale, thanks to the support of mainland investors hungry for properties in the Asian financial hub.
The Center office tower, the tallest building in the portfolio of Li Ka-shing’s Cheung… Read More>>
State-Owned Developers Claiming Larger Stake in China Market and More Asia Real Estate Headlines
First-half financial results have begun to be tallied for the mainland’s cohort of property developers, and many analyst expect the figures to show the growing dominance of state-run companies in the sector. Also in the news, less than a year… Read More>>
Li Ka-shing Praises China Economy and More Greater China Real Estate Headlines
Things must be getting more challenging in Hong Kong, as the city’s richest man seems to be reconsidering his outlook on the mainland, after selling several properties there. Plus, Fosun’s Guo Guangchang says he can help foreign retailers jump over… Read More>>
Is Li Ka-shing Fleeing Mainland Political Risk for Sunny Singapore?
Li Ka-shing has spent much of the last few years selling off property assets on the mainland and Hong Kong, while simultaneously fending off accusations that he is pessimistic about the outlook for Greater China.
Now Li’s Cheung Kong Property… Read More>>
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