China’s market regulator has begun an investigation into suspected anti-competitive practices by KE Holdings, the country’s biggest housing broker whose top backer is Tencent Holdings (OTC: TCEHY ), …
PROPERTY
China’s Largest Listed Property Manager Raises $2 Billion
Country Garden Services Holdings Co. raised $2 billion, paving the way for more acquisitions as China’s largest listed property services manager seeks to reach an ambitious revenue goal.
China’s commodities boom poses policy conundrum
China’s state cabinet said on May 19 that the government would manage “unreasonable” commodity price increases. The Chinese National Development and Reform Commission has warned industrial metals …
China Is Getting Into REITs — What Does This Mean For U.S. Investors?
China approves its first round of REITs, but the structure isn’t what you may be expecting. Here’s what investors need to know.
New home prices in China spike again, defying government
New home prices in many of China’s cities climbed at their fastest rate in eight months in April, despite government efforts to curb speculation.
In China 88-year-old’s US$465,000 property gift nullified by Shanghai court after family reveals Alzheimer’s diagnosis
A court in Shanghai rules that an elderly man who bequeathed his property to a fruit stall owner was unable to ‘perform civil conduct’ because of an Alzheimer’s diagnosis in 2017, nullifying the gift.
China’s Shenzhen and Hainan could be property tax testing ground – Security Times
China has the conditions to advance trial work on a property tax, and Shenzhen city and Hainan province could be testing grounds for it, with both …
Pioneering China Real Estate Billionaire Zuo Hui Dies At 50; KE Plunges
China today lost the billionaire entrepreneur who pioneered modern brokerage services for millions of home buyers in the world’s largest residential real estate market. KE Holdings announced that …
Billionaire Founder of China Property Giant Dies of Illness
The billionaire founder of KE Holdings Inc. has died of an unspecified illness, a shocking development for a Chinese property company that pulled off one of the strongest U.S. market debuts of 2020.
Why do so many people join the Communist Party in China?
Almost 5 million local-level party organisations pervade every aspect of Chinese society, from villages and schools to private companies Both Chen and Li studied Marxism in Japan, and were among the …
Embattled Chinese Property Tycoon Turns to Electric Cars. Cue $87 Billion Valuation.
Evergrande founder Xu Jiayin hasn’t sold any cars yet and his real-estate empire is groaning with debt. But his electric vehicle startup recently notched an $87 billion market cap.
China’s top court publishes typical cases on property rights protection
China’s top court has published seven typical cases from its work regarding the protection of property rights and the legitimate rights and interests of entrepreneurs. The cases concern the top court …
Property, energy stocks pull China shares lower; Shanghai Composite slips 0.5% at close
At the close, the Shanghai Composite index was down 0.51 per cent at 3,510.96, while the blue-chip CSI300 index was down 0.3 per cent. …