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lianjia

Beike Faces Possible Delisting by 12 May After Appearing on SEC Watchlist

2022/04/23 by Christopher Caillavet Leave a Comment

Housing broker Beike could face delisting from the New York Stock Exchange within three weeks after the Chinese firm’s American-listed entity this week was added to a US government watch list of public companies whose books are blocked from regulatory… Read More>>

Carson Block

Beike Lashes Out After Muddy Waters Says Revenues Overstated Up to 96%

2021/12/20 by Christopher Caillavet Leave a Comment

Softbank- and Tencent-backed housing broker Beike has lashed out against accusations of “systemic fraud” levelled by Muddy Waters Research, a US investment firm famous for exposing fraud at since-bankrupt Chinese firms Luckin Coffee, Sino-Forest and NQ Mobile while shorting their… Read More>>

Zuo hui of Beike

Zuo Hui, Billionaire Founder of Mainland Real Estate Listings Giant Beike, Dies at 50

2021/05/21 by Christopher Caillavet Leave a Comment

China’s largest property listings website, Beike, announced that its founder and chairman, Zuo Hui, died Thursday after an unexpected worsening of illness. He was 50 years old.

Zuo, who started Beijing-based property agency Homelink (Lianjia in Chinese) in 2001 and… Read More>>

beike-zuo-hui

SoftBank-Backed Beike Aims for $1B NYSE IPO

2020/08/02 by Diana Li Leave a Comment

China’s largest property listings website, Beike, is attempting a $1 billion IPO on the New York Stock Exchange despite signs that stock markets are becoming part of growing tensions between the US and mainland China.

On July 24, KE Holdings… Read More>>

Zuo Hui Lianjia

Tencent Leads $800M Funding Round for Mainland Property Listings Platform Beike

2019/03/27 by Jan Kot Leave a Comment

Chinese online property listing platform Beike Zhaofang has secured $800 million in funding from investors led by Internet giant Tencent, according to Chinese media reports.

The ultimate target funding amount for Beike, which was launched by Chinese brokerage giant Lianjia… Read More>>

Humbert-Pang gaw

Gaw Capital Sold Beijing’s Pacific Century Place to Local Fund for RMB 10.5B

2018/12/09 by Michael Cole Leave a Comment

Gaw Capital Partners is confirmed to have sold the Pacific Century Place project in Beijing for approximately RMB 10.5 billion ($1.53 billion) according to sources familiar with the transaction who spoke with Mingtiandi.

The Hong Kong-based private equity firm completed… Read More>>

Lianjia CEO Zuo Hui

Tencent, Warburg Pincus Said Investing $1.5B in China’s Lianjia

2018/09/09 by Emma Zhou Leave a Comment

Chinese Internet giant Tencent is planning to invest $1 billion into Lianjia, as part of a $2 billion financing round in preparation for a future IPO by China’s largest real estate brokerage, according to a report in the Wall Street… Read More>>

Ziroom CEO Xiong Lin

Cancer Death of Ziroom Tenant Raises Talk of Risk in China’s Rental Housing Rush

2018/09/05 by Jan Kot Leave a Comment

A social media post linking the leukemia death of an Alibaba employee living in an allegedly formaldehyde contaminated home operated by Sequoia China and Tencent-backed Ziroom has brought a new round of pressure on the rental housing unicorn this week.

… Read More>>

Ziroom

China Rental Apartment Providers Freeze Prices, Boost Supply After Beijing Crackdown

2018/08/26 by Emma Zhou Leave a Comment

Venture capital-backed rental apartment provider Ziroom has pledged to roll out 80,000 units of rental housing in Beijing within the next three months, while agreeing to maintain current prices for the homes, after the capital’s housing authority this month that… Read More>>

zhang zhiming

Is P2P Lending Pushing Up Home Prices in China’s Biggest Cities?

2016/03/21 by Michael Cole Leave a Comment

China’s government has aimed a barrage of measures at creating demand for housing in the country’s lower tier cities in the last several months, and the result has been a rise in home prices of as much as 50 percent…. Read More>>

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