“Up to half of this new investment could go to property.” China last year surpassed Singapore as the largest source of Asian capital in the global real estate market for the first time, accounting for…
PROPERTY
Fitch Assigns China’s Shimao USD Notes Final ‘BBB-‘
(The following statement was released by the rating agency) HONG KONG, July 04 (Fitch) Fitch Ratings has assigned China-based property developer Shimao Property Holdings Limited’s (BBB-/Stable) USD600 million 4.75% senior notes due 2022 a final…
The China-UK property connect
Jeremy Helsby, CEO of Savills plc, says the potential of China’s property industry is immense. [Photo provided to China Daily] On a rainy afternoon in Shanghai, Jeremy Helsby asks for English breakfast tea to refresh…
China Vanke wins Guangzhou land auction with $8.1bn bid
China Vanke, the property group which fended-off China’s highest-profile hostile takeover attempt this year, has paid $8.1bn for land in the southern city of Guangzhou, in what is thought to be the most costly land…
TV star Jin Xing might have 150 million viewers, but she still doesn’t own property in China
Chinese television personality Jin Xing said that she has chosen to rent rather than buy her home in China. The Chinese government has imposed cooling measures on the property market in an attempt to slow…
Why Hong Kong’s property market won’t crash – this time
Is Hong Kong’s property market heading for its biggest crash since 1997? The similarities between now and then are only skin deep. In 1997, Hongkongers were extremely optimistic about the future. Foreigners agreed. The mantra…
BRIEF-China Overseas Property Holdings enters licence agreement with COHL
June 26 China Overseas Property Holdings Ltd : * Entered into licence agreement with COHL * COHL agreed to license to company licensed premises for a term of three years from 1 October 2017 until…
ASIA CREDIT CLOSE: China property credits widen on negative rumours
SINGAPORE, June 22 (IFR) – Chinese high-yield property bonds gapped out 5bp-10bp despite a strong pushback from Dalian Wanda Group against rumours that Chinese banks had ordered the sale of its bonds. Wanda said the…
Vanke Founder Wang Shi, Chinese Property Developer, Steps Down
BEIJING — The chairman and founder of China’s largest property developer said on Wednesday that he would step down, ending a career that mirrored the country’s giddy embrace of privately owned real estate but stumbled…
METALS-London copper edges up on buoyant China property
(Adds comment, detail, updates prices) MELBOURNE, June 19 (Reuters) – London copper climbed on Monday after China’s property market remained robust in May, but analysts expected prices to stay trapped in a range over the…
China’s month-on-month home price growth remains robust in May
BEIJING Prices in China’s sizzling property market kept pace in May with the previous month, indicating resilient demand despite the imposition of tougher official measures to curb surging prices. Firm price gains highlight the challenge…
BRIEF-China Reinsurance Group says premiums income from China Continent Property & Casualty Insurance Co Ltd
* Aggregate premiums income of co derived from unit for period from 1 Jan to 31 May was about RMB15,275 million Source text for Eikon: Further company coverage: ( read original story …)
Correction: Fitch Affirms China United Property Insurance at ‘A-‘; Outlook Stable
(The following statement was released by the rating agency) HONG KONG, June 14 (Fitch) This commentary replaces the version published on 2 June 2017 to update the name of China United Property Insurance Company Limited’s…
