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…
Tagged By property
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…
China’s Billionaires Aren’t As Rich As They Look
Is Zhong Shanshan really a bigger tycoon than Warren Buffett? On paper perhaps but the picture is different once liquidity is calculated. ( read original story …)
How Much Will China’s Growth Stumble in 2021?
Michael Pettis, Houze Song, and Marco Polo China offer competing views on China’s growth. I do not expect negative growth, rather a slowdown in growth. Here are some competing views. My take on how ……
Biz China Weekly: GDP, industrial output, retail sales, employment, property investment, SOE profits, FDI
China’s value-added industrial output, an important economic indicator, went up 2.8 percent year on year in 2020, data from the NBS showed. The growth accelerated from a rise of 2.3 percent registered … ( read…