China stocks ended lower on Tuesday, as investors locked in profit following a recent rally, while the market showed scant reaction to news that U.S. President-elect Joe Biden was given the go-ahead … ( read…
Tagged By property
China Evergrande’s property management arm launching US$2 billion IPO as developer seeks to pare massive debt
Evergrande Property Services, a unit of mainland China’s largest and most indebted developer China Evergrande Group, is looking to raise up to HK$15.8 billion (US$2.04 billion) from an initial public … ( read original story…
China Property Site KE Raises $2.1 Billion in Share Sale
Chinese online real estate platform KE Holdings Inc. will raise $2.1 billion in a follow-on offering after pricing the new shares at a 5% discount to their last close, according to people familiar … (…
China’s Commercial Property Market Is Booming: Hang Lung
Ronnie Chan, chairman of Hang Lung Group and Hang Lung Properties, discusses his businesses in Hong Kong and mainland China’s commercial real estate markets. He speaks with Rishaad Salamat and … ( read original story…
Former WeWork China exec launches a ‘startup studio’ for real estate
The real estate industry has been slow to adopt technology compared to many other sectors. The industry jargon refers to an organization that builds startups with an in-house team, hence it’s also … ( read…
China Oct new home prices cools, property investment accelerates
Chinese new home prices grew at a slower monthly pace in October, data showed on Monday, as many developers moved to cut prices to promote sales amid tighter government scrutiny on borrowing. ( read original…
China’s Jan-Oct property investment rises 6.3% y/y
October year-on-year, official data showed on Monday, quickening from a 5.6% gain seen in the first nine months of the year. ( read original story …)
Breakingviews – China property IPOs face a problem of plenty
Chinese property developers have found a new way to build themselves up. Many are rushing to list management units in Hong Kong. At least 10 have floated this year with two currently selling their ……
Founder of China Property Site With No Profits Worth $20 Billion
Zuo Hui is on a mission to bring transparency to China’s murky property market, where buyers must navigate fake listings and sometimes fraud. ( read original story …)
China economy: will hot property market threaten post-pandemic rebound?
With Beijing concerned that the sector is overheating, heavily indebted developers like Evergrande face intense scrutiny … ( read original story …)
China’s commercial property deals will double in value to almost US$100 billion by 2030, CBRE predicts
The property services giant forecasts that the transaction value could top 650 billion yuan (US$98.3 billion) in 2030, more than twice the current level. ( read original story …)
New China Property Report from Real Estate Foresight for October 2020
HONG KONG, CHINA / ACCESSWIRE / November 9, 2020 / Real Estate Foresight (REF), a Hong Kong-based independent research firm focused on China housing markets and data centers has published a new … ( read…
Chinese Property Giant Evergrande Drops Unit Listing
China Evergrande, the heavily indebted property developer, scrapped plans to list a key unit after striking deals with co-investors that should avert a near-term cash crunch. ( read original story …)
