Sunac China will own at least 50 per cent stake in Sunac Services Holdings after the spin off and listing, according to IPO application. ( read original story …)
PROPERTY
Foreign buying of American real estate plunged before the pandemic — will COVID-19 push it even lower?
Foreign buyers are purchasing fewer and fewer American homes. And the coronavirus pandemic could cause a serious pullback in new investment in U.S. residential real estate from international buyers. ( read original story …)
Central China Real Estate Limited — Moody’s assigns B1 to Central China Real Estate’s proposed USD bonds
Moody’s Investors Service has assigned a B1 senior unsecured rating to the proposed USD bonds to be issued by Central China Real Estate Limited (CCRE, Ba3 stable). CCRE will use the proceeds from the ……
China unveils plan for development of property-insurance sector
China aims to forge a complete market system for the property-insurance sector, with the further enhancement of its service capabilities and financial strength, according … ( read original story …)
Steve Saleen Claims Chinese Joint Venture Has Stolen $800M Worth Of His Intellectual Property
Steve Saleen claims that China has stolen 40 years’ worth of intellectual property from him in launching the Saleen brand in China. In 2016, Saleen entered a joint venture with the government of Rugao ……
Here’s What China Says About TikTok Being Sold To Microsoft, Potential Ban
The potential sale of TikTok while under threat of a ban from the White House would no doubt “deepen the trend of increasing polarization between the U.S. and Chi … ( read original story …)
China Market Update: “ATMX” (Alibaba, Tencent, Meituan Dianping, And Xiaomi) Shine In Hong Kong Despite TikTok “Smash And Grab”
Asian equities rebounded overnight as NasdaqNDAQ reached a new high yesterday in the US. Hong Kong rebounded 2% as new coronavirus cases fell locally day over day, as growth stocks led the volume … (…
Foreign investors turn cautious on China’s property market as slowdown, political risks cloud outlook
That trend may continue with the advent of real estate investment trusts (REITs). Donald Trump hints lack of interest in a phase two US-China trade deal “Overseas investors are still interested in … ( read…
China’s Expanding Footprint Roils a NATO Reluctant for Showdown
It also underscores China’s broadening strategic footprint on NATO’s doorstep, from cyberattacks and intellectual property theft to strategic investment through its Belt and Road Initiative. China’s … ( read original story …)
Hong Kong Stocks Jump Suddenly With Property Developers Leading Gains
Hong Kong stocks saw a sudden spike in afternoon trading on Tuesday, with property companies leading the advance. ( read original story …)
Reforming China’s unfair practices at the WTO will level the global playing field
The U.S. was a key author of these rules, which discipline unfair and distorting trade practices by reducing barriers to goods and services, protecting intellectual property … especially to hold … ( read original story…
Typhoon brings rains to coastal China, heads toward Shanghai
China’s National Meteorological Center said Typhoon Hagiput … but there were no indications of serious damage to property. In the major Zhejiang manufacturing center of Wenzhou, south of Shanghai, … ( read original story …)
Zoom Just Made A Major China Move Amid TikTok Ban Fears
Zoom has just made a major China move to distance itself from the country amid growing scrutiny of firms such as TikTok in the U.S. ( read original story …)
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