SHANGHAI, Oct 30 (Reuters) – China’s major indexes fell on Monday morning, dented by expectations of a new wave of initial public offerings and by profit-taking in consumer firms. The CSI300 index was down 0.3…
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Billionaires Keep Bubbling Up as China Property Market Soars
Nowhere on Earth is wealth being created faster than in China’s mainland property market. The collective net worth of the country’s richest developers has rocketed since the start of the year, adding $44.3 billion to…
Billionaires Keep Bubbling Up in China’s Soaring Property Market
Nowhere on Earth is wealth being created faster than in China’s mainland property market. The collective net worth of the country’s richest developers has rocketed upward since the start of the year, adding $44.3 billion…
As China’s home prices cool, some property companies seek to reduce risks
HONG KONG (Reuters) – As the froth comes off China’s home prices, there are increasing signs that some property developers, particularly those with a heavy debt load, are becoming less aggressive. They are reducing balance…
4 Highlights From Yum China’s 2017 Investor Day
It’s been one year since Yum China (NYSE: YUMC) was spun off from parent Yum! Brands (NYSE: YUM), and the exclusive licensee of KFC and Pizza Hut restaurants in mainland China is up over 50%…
Smog blankets Beijing, northern China, causes road closures around the country
China’s efforts to ensure blue skies for the Communist Party’s national congress failed as heavy smog blanketed Beijing throughout the week-long event and worsened as cadres headed back home. An orange air pollution alert –…
Beijing rejects unilateral sanctions as US targets North Korean diplomat in China
Beijing has repeated its opposition to unilateral sanctions on Pyongyang after Washington took rare action against a China-based North Korean diplomat accused of human rights abuses. The US sanctions on Ku Sung-sop, North Korea’s consul…
Taiwan president making state visits amid China stalemate
I think her true intention is clear for all to see,” Geng said at a daily news briefing. Washington should “not allow her to stop over, avoid sending any erroneous messages to the Taiwan independence…
China trade trip illuminating for Victoria technology firm
Justin Love had a plan in mind when he decided to join the City of Victoria’s recent trade mission to China and Japan, but over the course of a whirlwind 10 days through four cities,…
JD.com follows Alibaba into China’s property market with dedicated online channel
China’s property market has become the latest battlefield for its top two e-commerce titans, as JD.com follows Alibaba Group’s foray into online property. It aims to leverage technology and an understanding of consumers to not…
China to change property price methodology
China has revealed plans to tweak its methodology for calculating its home price index as the current system has met new challenges and difficulties, reported Reuters. The move comes as China looks to “better facilitate…
China property prices grow at slowest pace in 17 months
The cost of new housing in China rose at the slowest rate in 17 months in September as official figures showed price growth slowing markedly in top-tier cities, with prices in Beijing up just half…
China to tweak property price methodology to address ‘challenges’
Beijing: China will make changes to the methodology for calculating its housing price index as the current system has encountered “new challenges”, the Statistics Bureau said on Wednesday. Li Xiaochao, deputy director at the National…
