Fitch Assigns China’s Shimao USD Notes Final ‘BBB-‘

(The following statement was released by the rating agency) HONG KONG, July 04 (Fitch) Fitch Ratings has assigned China-based property developer Shimao Property Holdings Limited's (BBB-/Stable) USD600 million 4.75% senior notes due 2022 a final rating of ... ( read original story ...)

The China-UK property connect

Jeremy Helsby, CEO of Savills plc, says the potential of China's property industry is immense. [Photo provided to China Daily] On a rainy afternoon in Shanghai, Jeremy Helsby asks for English breakfast tea to refresh himself. Equally refreshing is the ... ( read original story ...)

China Vanke wins Guangzhou land auction with $8.1bn bid

China Vanke, the property group which fended-off China’s highest-profile hostile takeover attempt this year, has paid $8.1bn for land in the southern city of Guangzhou, in what is thought to be the most costly land transaction ever in the Chinese mainland. ( read original story ...)