Asia real estate and outbound investment news
In an abrupt reversal following months of conflict with the Shenzhen city government, Kwok Yingshing today was reappointed to his position as chairman of the board of troubled real estate developer Kaisa Holdings.
The reinstatement of Kwok at the head… Read More>>
Kaisa Group Holdings may be in danger of becoming the biggest Chinese real estate developer to collapse as a result of the country’s property slump, after the Hong Kong-listed company defaulted on a HK$400 million ($51.6 million) loan on Wednesday.
