In this week’s edition of People in the News, Shanghai-based Qingke promotes a company director to COO as the apartment rental start up , while a well-known Hong Kong real estate leader launches a new investment firm for popular travel… Read More>>
NYSE, NASDAQ-Listed Mainland Apartment Platforms Accused of Cheating
A pair of loss-making Chinese rental apartment outfits are coming under increasing pressure from authorities, following allegations of financial exploitation.
The Shenzhen Housing and Urban-rural Construction Bureau said last Friday that it had launched an investigation into the business practices… Read More>>
Asia Real Estate People in the News 2020-03-31
In this week’s edition of People in the News, one of Hong Kong’s largest developers has appointed a pair of new directors to its board, with a top ten mainland builder making a similar move.
With company earnings season in… Read More>>
QingKe Completes $46M NASDAQ Listing and More Asia Real Estate Headlines
A Morgan Stanley-backed apartment rental operator leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the loss-making company raised $46 million through a US IPO, with shares priced at the lower end… 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>>
Morgan Stanley Leads $100M Investment in China Rental Housing Operator QingKe
Morgan Stanley is entering China’s rental housing market for the first time by engaging in a $100 million fundraising round for a Chinese rental apartment operator. The investment by the 83-year-old US investment bank follows similar deals by compatriots including… Read More>>
