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…
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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…
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…
Kim’s wingman: Air China flight shows Beijing’s influence
When North Korean leader Kim Jong Un hitched a ride on an Air China plane to his summit with Donald Trump in Singapore, the signal was clear: Beijing remains Pyongyang’s diplomatic wingman. Kim had never…
Xiaomi unveils big loss as it prepares to hawk IPO to investors
The company, led by billionaire co-founder Lei Jun, is said to be seeking about $10 billion in an IPO that could become the world’s … smartphones in the US and compete against Apple Inc. The…
Trap or treat? Funds to raise billions for tech IPOs in China
SHANGHAI (Reuters) – Asset managers began fundraising for six Chinese “unicorn” funds on Monday, offering retail investors a new investment channel but potentially straining tight market liquidity. The 300 billion yuan ($47 billion) they seek…
China’s Xiaomi books $1 billion quarterly loss ahead of blockbuster IPO
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi booked a first-quarter net loss of 7 billion yuan ($1.09 billion) ahead of its blockbuster initial public offering. That compares with a net loss of 43.89 billion…
China’s Xiaomi posts $1 billion first quarter loss ahead of blockbuster IPO
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi recorded a first-quarter net loss of 7 billion yuan ($1.09 billion) ahead of its blockbuster initial public offering, according to a filing. That compares with a net…
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