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Tang Xuebin Colour Life

JD.Com, Qihoo 360 Buy HK$491M Stake in High-Tech Mainland Property Manager

2019/07/22 by Jan Kot Leave a Comment

Mainland e-commerce giant JD.com and internet security provider Qihoo 360 Technology have agreed to buy a combined HK$491 million ($62.87 million) stake in Shenzhen-based residential property manager Colour Life, according to a statement to the stock exchange by the Hong… Read More>>

adrian cheng

New World’s K11 Atelier King’s Road Project Now Half-Leased in Eastern Hong Kong

2019/07/15 by Michael Cole Leave a Comment

New World Development’s K11 division has won an occupancy permit for its latest Hong Kong office project, kicking off formal leasing activity for K11 Atelier King’s Road, according to an announcement by the company late last week.

The 22-storey office… Read More>>

Song Weiping Greentown

Greentown Chairman Steps Down as CCCC Exerts Control of Hangzhou Developer

2019/07/15 by Jan Kot Leave a Comment

Luxury home builder Greentown China Holdings announced late last week that its co-chairman Song Weiping had resigned from the company he founded twenty-four years ago in a move seen as unifying control of the Hangzhou-based developer.

Song, who had sold… Read More>>

one island south

Colliers Brokers Sale of HK$500M in Causeway Bay Assets to SilkRoad and More Agency Wins  Mingtiandi Broker Battle

2019/07/15 by James Hatton Leave a Comment

A commercial property deal in Hong Kong tops Mingtiandi’s list of brokerage victories this week with Colliers International brokering the sale of a combined 46,241 square feet of space in Causeway Bay for HK$500 million ($64 million).

Knight Frank and… Read More>>

wang zhenhua future holdings

China’s Top Law Enforcers Target Future Land Chairman Over Child Abuse Charges

2019/07/08 by James Hatton Leave a Comment

China’s top law enforcement agency has issued a public condemnation of the chairman of Future Land Development Holdings, following his detention on suspicion of child molestation.

In a statement on its official WeChat issued two days after Wang Zhenhua had… Read More>>

adam neumann wework

WeWork Said Co-Working with Goldman, JP Morgan to Raise Up to $4B in Debt Pre-IPO

2019/07/08 by Michael Cole Leave a Comment

Seven months after filing for an initial public offering, WeWork is planning to raise as much as $4 billion in debt to refill its corporate coffers, according to news accounts citing sources familiar with the shared office provider’s discussions.

The… Read More>>

Chen Feng HNA

China Vanke Buys Out Beijing Complex in RMB 1.3B Deal with HNA

2019/07/07 by Jan Kot Leave a Comment

Financially troubled HNA Group has sold the remaining 75.10 percent stake of a Beijing commercial complex to a subsidiary of China Vanke for a total consideration of RMB 1.304 billion ($190 million), according to a filing to the Shanghai Stock… Read More>>

MTR Corporation chairman Frederick Ma

Fresh Scandal Links Hong Kong’s Newly Retired MTR Chief to Jet Junkets with K Wah Chairman

2019/07/01 by James Hatton Leave a Comment

Newly retired MTR Corporation chairman Frederick Ma Si-hang saw out the end of his tenure at the government-backed railway operator amid allegations of misconduct, following publication of videos, photographs and a news account in the Apple Daily newspaper linking the… Read More>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Property Said Receiving Offers Over HK$9B for WeWork’s Causeway Bay Home

2019/07/01 by James Hatton Leave a Comment

Phoenix Property Investors has been receiving offers of over HK$9 billion ($1.15 billion) from buyers interested in purchasing Tower 535 in Causeway Bay, according to sources familiar with the discussions who spoke with Mingtiandi.

The private equity fund manager, which… Read More>>

Yang Jian, founder of Zhongliang Holdings

Shanghai-Based Developer Zhongliang Holdings Files for HK$3.5B IPO

2019/07/01 by Jan Kot Leave a Comment

China’s only 100-billion-yuan privately held developer, Zhongliang Holdings Group, plans to raise up to HK$3.54 billion ($453 million) in an initial public offering on the Hong Kong Stock Exchange, according to official filings by the company.

The Zhejiang-based home builder… Read More>>

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