Shui On Land this week became the latest Hong Kong-listed developer to post a loss for the first half of 2020, as a dip in value of the Xintiandi landlord’s investment properties overshadowed a jump in revenue of nearly 33… Read More>>
HK-Listed Developer Country Garden Elevates Yang Huiyan, China’s Richest Woman, to Co-Chair
The richest woman in China, Yang Huiyan, has plumped her gaudy profile even further, becoming co-chair of Hong Kong-listed Country Garden Holdings alongside her father, self-made tycoon Yang Guoqiang, or Yeung Kwok Keung as he is known in Hong Kong.
Hong Kongers Protest Artificial Island Plan and More Asia Real Estate Headlines
Hong Kong residents may be sick of the city’s ongoing housing crisis but at least a few thousand of them seem to have found the government’s proposed cure to be worse than the illness. Protests over the weekend lead today’s… Read More>>
Country Garden’s Yang Huiyan Helps Boot Wang Jianlin From Top of China Rich List
Country Garden’s Yang Huiyan has vaulted onto the top 10 list of China’s richest individuals, while Wanda boss Wang Jianlin was dethroned by Evergrande’s Xu Jiayin for the number one spot, according to the latest annual ranking published by the… Read More>>
Girl Power: Meet The 4 Mainland Women Who Made Nearly $20 Bil in Real Estate
Once again, Dalian Wanda chairman Wang Jianlin is China’s richest man with an estimated net worth of $33 billion. However, among China’s top property barons, it’s the prominent role of baronesses that makes the country’s real estate industry look like… Read More>>
Country Garden Raises $813M in Share Sale to Ping An Insurance
One of China’s top 10 developers replenished its cash supplies by selling HK$6.3 billion ($813 million) in new shares to Ping An Insurance as the country’s real estate companies grapple with a shortage of both customers and funds in 2015.
Chinese Billionaire Buys Sydney Tower for $339M
Chinese real estate developer Shimao Property Holdings, together with its billionaire boss Hui Wing Mau, have reportedly acquired a downtown Sydney office tower for over A$390 million (US$339 million), as Chinese investors continue to snatch up Australian real estate.
According… Read More>>
China’s Real Estate Tycoons Pushed Out of Top 10 by Internet Entrepreneurs
The downturn in China’s property market during 2014 has caused trouble for many investors, but now it even seems to be driving the nation’s property tycoons from the top of the country’s wealth ranks.
According to the latest China Rich… Read More>>
Shimao Property Chasing $914M Sydney Housing Project
Shimao Property, one of China’s largest real estate developers, is reportedly in the advanced stages of acquiring an office block in downtown Sydney, Australia for development of a new residential project valued at A$1 billion ($914 million).
The acquisition, which… Read More>>
Yuexiu Property Plans $495M Rights Issue in China Cash Crunch
Yuexiu Property announced last week that it plans a HK$3.84 billion ($495 million) rights issue, becoming the second major Chinese real estate developer in a week to turn to the equity markets as slowing home sales continue to squeeze the… Read More>>
