HONG KONG – Property tycoon Xu Jiayin has vaulted to the top of a Chinese rich list after his wealth quadrupled, knocking Wang Jianlin off his longtime position at No. 1. The Hurun Report, China’s…
Monthly Archives For October 2017
China Just Crowned a New Richest Man
Property tycoon Xu Jiayin, who founded the Evergrande Group, has knocked Dalian Wanda owner, Wang Jianlin, off the top of China’s rich list to become the country’s wealthiest man. The Hurun Report, which is China’s…
China stirs tensions between North Korea and South by blocking financial deal with Seoul
The eight-year deal was due to be continued in a positive step towards improving relations between Seoul and Beijing. Tensions between the states have been frayed over South Korea’s recent instalment of a controversial US…
China’s Rich List: Property Baron Outshines Jack and Pony Ma
Siemens tops Forbes’ ranking of world’s top regarded companies BEIJING—One property tycoon is out as China’s richest person, only to be replaced by another real-estate kingpin—despite Beijing’s efforts to cool a roaring property market. Xu…
China stocks mixed as financial gains offset resources declines
SHANGHAI: China’s major indexes were mixed on Thursday, as gains in financial stocks offset losses in resources firms after Beijing vowed to curb pollution throughout winter. The blue-chip CSI300 index rose 0.3 per cent, to…
China tops the world in nation brand value growth
China remains the world’s second most valuable nation brand but is growing at a faster pace than any other country, according to a London-based brand consultancy firm. The Brand Finance Nation Brands 2017 report, released…
Airbnb temporarily removes listings in Beijing
Airbnb removes listings in Beijing as the Chinese capital prepares to host a Party Congress, when security is at its highest. Airbnb removes listings in Beijing as the Chinese capital prepares to host a Party…
Evergrande Property Magnate Seizes Top Spot on China Rich List
SHANGHAI (Reuters) – China has a new richest man, according to the annual Hurun rich list of the country’s top movers and shakers. Xu Jiayin, the chairman of developer China Evergrande Group, has seized top…
Property tycoon tops China’s rich list, Wanda boss slides
HONG KONG (AP) — China’s best known report on personal riches says property tycoon Xu Jiayin has become the country’s wealthiest person, knocking billionaire Wang Jianlin off the top spot. The Hurun Report estimated that…
Tech and Real Estate Lift the Fortunes of China’s Richest
BEIJING — China’s new digital barons are rising. One of its most ambitious global deal makers is falling. And a property mogul who likes to borrow heavily is on top. Xu Jiayin — an entrepreneur…
Apple, Google, others say Chinese investment regulations infringe on intellectual property rights
saying the Asian country’s rules help facilitate intellectual property theft. In testimony on Tuesday, Erin Ennis, senior vice president of the U.S.-China Business Council, said China’s regulations for foreign investments require some companies to transfer…
Australian property is a bargain for wealthy Chinese buyers
Comparatively, Australian housing is a bargain compared to property prices in large tier-one cities in China such as Beijing, Shanghai and Shenzhen. Source: Credit Suisse. Just look at the costs to buy a median-valued dwelling…
UPDATE 1-Evergrande property magnate seizes top spot on China rich list (3333, 700, TSLA, 175, 600887)
SHANGHAI, Oct 12 (Reuters) – China has a new richest man, according to the annual Hurun rich list of the country’s top movers and shakers. Xu Jiayin, the chairman of developer China Evergrande Group ,…
