The former head of a Chinese state-owned asset management company was executed Friday on charges of taking bribes in an unusually severe penalty for a recent corruption case. Lai Xiaomin of China … ( read…
Tagged By property
China’s property market is a driver — and risk — for steel prices
China’s massive property market serves as a supporter of steel, iron ore and coking coal prices, in addition to a large share of GDP. ( read original story …)
China tells big cities to cool overheating property market
China’s deputy housing minister has urged authorities in major cities to take steps to curb property market speculation following a recent surge in residential real estate prices, state media Xinhua … ( read original story…
Hang Lung has US$132 million in limbo as its purchase of Shouson Hill villas in Hong Kong hits a snag amid US-China spat
Hang Lung Properties said it had paid a US$33 million deposit for the Shouson Hill villas on The Peak – a deal that hangs in the balance as the direction of US-China relations remains to…
China HGS Real Estate (NASDAQ:HGSH) Shares Gap Down to $2.30
China HGS Real Estate Inc. (NASDAQ:HGSH) shares gapped down before the market opened on Tuesday . The stock had previously closed at $2.30, but opened at $2.13. China HGS Real Estate shares last … (…
Four of China’s biggest cities scramble to knock a real estate bull run off its pace amid fear of risk and bubbling debt
China’s home sales defied the Covid-19 pandeic and rose 8.7 per cent last year, with the average price soaring for 33 consecutive months. Such lofty heights are raising concerns among policymakers … ( read original…
China Says It Will End All Patent Subsidies
Weeks after the U.S. Patent and Trademark Office issued a report saying the soaring number of Chinese patent applications is likely due to government subsidies, China’s intellectual property … ( read original story …)
China expresses opposition to USITC decision on wood products
China strongly opposes the United States International Trade Commission’s decision stating wood moldings and other millwork from China harm the US wood product industry, according to its Ministry of … ( read original story …)
China’s Geely to help bankroll Faraday Future SPAC deal: sources
Chinese automaker Geely will be an anchor investor in a plan by U.S. electric vehicle firm Faraday Future to go public through a merger with a blank-check acquisition company, two people familiar with … (…
China’s Leader Attacks His Greatest Threat
Xi, 53, was reputed to be among three officials in the running to replace Hu Jintao, China’s dour-faced leader. Ambassador Clark T. “Sandy” Randt, a classmate of President George W. Bush, was … ( read…
China Evergrande shares jump on unit’s fund-raising plan
Debt-laden property developer China Evergrande jumped more than 8% on Monday after its electric vehicles unit said it would raise $3.4 billion by bringing in six new investors, a move that analysts … ( read…
Shares in China Evergrande’s EV unit surge 60% on capital injection
Shares in the electric car unit of China Evergrande, the world’s most indebted property company, surged to a record high after a $3.4bn cash injection boosted hopes for its stalled ambitions to rival … (…
Why Jack Ma Is Not China’s Top Billionaire
China’s billionaire rankings seem as stable as hydrogen. In 2017, Hui Ka Yan, founder of real estate developer China Evergrande Group, was the nation’s richest man. That throne was claimed by Alibaba … ( read…
