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>>
Fang Holdings Founder Vincent Mo Steps Down as China Property Portal Faces Delisting
Fang Holdings has announced the departure of its chairman and founder, Vincent Mo, three years after the China internet pioneer relinquished day-to-day control of the Beijing-based real estate portal.
Fang said Monday in a release that Mo was stepping down… Read More>>
PropertyGuru Plans Expansion After NYSE SPAC Debut Next Month
Singapore-based PropertyGuru is set to complete its listing on the New York Stock Exchange next month despite widening net losses, with the online marketplace operator planning to use the proceeds of the share sale to expand its fintech business and… Read More>>
NYSE Announces Plan to De-List Mainland Apartment Rental Platform Danke
The New York Stock Exchange this week said it would commence proceedings to delist Phoenix Tree Holdings, the listed entity of Beijing-based rental platform Danke Apartment.
In a Tuesday press release, the NYSE cited several factors that made Danke’s American… Read More>>
Kaisa Ploy to Keep Control of Nam Tai Thwarted by BVI Court
An activist investor has notched a win in its running battle for control of Shenzhen-based developer Nam Tai Property, as a court ruled Wednesday that directors tied to mainland group Kaisa had acted improperly in signing off on a private… Read More>>
Kaisa Fights Activist Shareholder for Control of NYSE-Listed Nam Tai Property
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>>
Bain-Backed APAC Data Center Platform Chindata Said Prepping for $400M US IPO
Bain Capital-backed Chinese hyperscale data centre operator Chindata Group is getting ready to make its debut on the New York Stock Exchange later this month, according to a report by Reuters on 1 September citing sources familiar with the planned… Read More>>
Credit Suisse, Citigroup, BOA Abandon Ucommune IPO Amid Valuation Questions
It has only been a few days since China’s largest co-working operator officially filed a prospectus for its US IPO, but Ucommune’s debut on the New York Stock Exchange is already said to be facing opposition from its own bankers… Read More>>
China Apartment Rental Platforms File for US Listings as Losses Mount
A pair of loss-making mainland China apartment rental operators have filed for initial public offerings in the US within days of each other as pressure mounts on their balance sheets.
Beijing-based Danke is seeking to raise up to $100 million… Read More>>
NYSE-Listed Xinyuan Real Estate Appoints 2 New Directors
Xinyuan Real Estate Co., Ltd. (NYSE: XIN), a residential real estate developer with a focus on high growth cities in China, today announced the appointment of Mr. Xinqi Wang and Mr. Yumin Liang as directors of the Company, effective immediately…. Read More>>