A unit of Chinese state-run conglomerate CITIC Ltd will buy a near 20-per-cent stake in Canada’s Ivanhoe Mines for about $723-million, the companies said on Monday. Ivanhoe said it will use the proceeds to advance…
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China’s CITIC to buy Ivanhoe stake for $723-million
US-China Green Fund, ChangCheng Property invest in smart, green growth
The US-China Green Fund has made strategic investment in property management operator ChangCheng Property Co Ltd to jointly develop green and smart communities, according to the company’s top management. As an investment organization focusing on…
Restrictions failed to stop mainland’s property punters
The argument that it is difficult to cool China’s property market is something that Hongkongers can relate to, as the city too has long been waging a similar battle. The only difference is that Hong…
Chinese property developers bet on higher returns with mezzanine loans
For more than a year, China has limited financing for and capped the selling prices of new apartments to rein in an overheated property sector. That has left many developers, especially small to medium-sized ones,…
China’s major property firms hit one-year low in financing
BEIJING, June 10 (Xinhua) — China’s major property firms saw their financing slump in May as costs rose and the market cooled due to tightened government regulation. Forty major listed property developers obtained 45.1 billion…
African property market spells opportunities while London is for the long-term, says Knight Frank chief
He noted that rising investments in infrastructure generally augur a rise in property values. China’s infrastructure investments in Africa are well known. In June 2017, Kenya opened up a new 470-kilometre rail connection between the…
PropertyGuru inks deal with Anjuke, part of China’s leading online marketplace 58.com
a part of Asia’s leading online property company, PropertyGuru Group, announced that it has signed an exclusive partnership agreement with Anjuke, a part of China’s leading online marketplace, 58.com. Jeremy Williams, COO, PropertyGuru, Terry Blackburn…
China Inflation Picture: Property Prices Still Major Economic Driver
Just released Chinese inflation data for May showed a slight rebound in the pace of producer price inflation, and a basically steady pace of consumer price inflation. But looking at the bigger picture (something I…
China’s Entertainment and Culture Industry is Quickly Realizing the Power of IP
Background of IP in China’s content economy There was no such word that matches intellectual property’s meaning in China before the term was imported. As a formal WTO member and a country which used to…
China’s Richer Than It Thinks
True, while China’s per capita income reached $8,830 in 2017, up eight-fold from 2001, it’s still well below the World Bank’s $12,236 threshold for high-income countries. This measure is misleading, however. Already an upper-middle-income nation…
StanChart to apply for virtual banking license in Hong Kong
HSBC will invest $15 billion-$17 billion in the next three years in areas including technology and its core Asian markets of Hong Kong and China, its CEO John Flint said on Monday. Ever since the…
China’s Jumbo Jet Diplomacy Shows Influence in Trump-Kim Talks
China isn’t officially represented in the historic talks between U.S. President Donald Trump and North Korean leader Kim Jong Un, but that hasn’t stopped Beijing from making its presence felt. Kim arrived in the city…
Beijing puts missiles back on contested South China Sea islands amid rising tension with the United States
Chinese missiles have reappeared on a disputed island in the South China Sea amid rising tensions with the United States. Satellite images of Woody Island, China’s largest base in the Paracel Islands that are also…
