China’s home prices are expected to grow slightly faster this year than predicted a few months earlier while sales will stay soft, as Beijing refrains from strong easing to cushion the coronavirus-led … ( read…
PROPERTY
SoftBank’s Arm Fired its China CEO for Starting a Competing Fund
Arm Ltd., the chip designer owned by SoftBank Group Corp., ousted the head of its Chinese venture after discovering that the executive had set up an investing firm that would compete with its own ……
Southern California woman held in $21.6M real estate scam
A Southern California woman was arrested Friday on charges of swindling investors, mainly from China, out of $21.6 million in a phony condominium and hotel … ( read original story …)
China’s Reported Plan To Buy More U.S. Farm Goods Helps Boost Market
This morning, a report that China is planning to buy more U.S. farm goods is helping boost market sentiment a day after lackluster trading. ( read original story …)
Real estate control policies in China can partially constrain real estate risks to banks
According to Junhua Jiang’s doctoral study, real estate control policies in China that aim at stabilizing or slowing house price growth can reduce two types of real estate risks to banks: discount … ( read…
Paranoia about China’s global goals keeps US from a realistic view
It turns out Lieber also was working with Wuhan University and a target of China’s deeply suspect “Thousand Talents” program, which recruits and nurtures key individuals abroad to tap their expertise, … ( read original…
China May Property Investment Quickens, Sales Rebound
Real estate investment and sales in China both quickened in May, pointing to continuing momentum as the property sector gradually recovers from the impact of the coronavirus outbreak. The property … ( read original story…
Suit alleges Bellevue real estate investors led long-running, cultlike Ponzi scheme in China
The defendants have acquired nearly $111 million in Seattle-area property, including nearly an entire city block in downtown Bellevue that later ended up in the hands of Vulcan’s real estate … ( read original story…
Suit alleges Bellevue real estate investors led long-running, cult-like Ponzi scheme in China
The defendants have acquired nearly $111 million in Seattle-area property, including nearly an entire city block in downtown Bellevue that later ended up in the hands of Vulcan’s real estate … ( read original story…
Fangdd or FANG? China Real Estate Firm Adds 395% in Mystery Move
Maybe it was another case of mistaken identity, or just Pavlovian enthusiasm on a day when the FANG stocks were powering up. Whatever the reason, a company called Fangdd just jumped fivefold without … (…
China’s Tencent Plays Master Builder as Tech Firm Plans ‘Net City’
A number of big U.S. tech companies are moonlighting as part-time real-estate developers. China’s Tencent Holdings Ltd. is trying its hand at urban planning. ( read original story …)
BRIEF-China Pacific Insurance Provides Jan-May Accumulated Gross Premium Income Figures For 2 Units
JAN-MAY ACCUMULATED GROSS PREMIUM INCOME OF CHINA PACIFIC LIFE INSURANCE CO RMB116.469 BILLION * CHINA PACIFIC PROPERTY … ( read original story …)
Munich Re’s Ergo to take stake in China’s Taishan insurance
Munich Re’s MUVGn.DE Ergo unit is entering China’s property and casualty insurance market with a 24.9% stake in Taishan Property & Casualty Insurance Co … ( read original story …)