Property

China Sets More Curbs on Investment in Realty, Hotels, Sports Abroad

China Sets More Curbs on Investment in Realty, Hotels, Sports Abroad

China reined in irrational outbound investment in hotels, cinemas and entertainment by domestic companies last year and will do so again this year.

Feb 12, 2018
Xu Wei
China’s Poly Real Estate Buys London Land to Enter UK Real Estate Market

China’s Poly Real Estate Buys London Land to Enter UK Real Estate Market

Poly Real Estate Group Co., a unit of state-run China Poly Group Corp. has acquired a parcel in the Mill Park project…

Feb 9, 2018
Liao Shumin
Chinese Banks Divert Financial Resources From Realty Sector to Rental Properties

Chinese Banks Divert Financial Resources From Realty Sector to Rental Properties

This winter has been particularly cold for mortgage borrowers and real estate developers throughout China, as banks in some cities…

Feb 5, 2018
Song Yikang
Shanghai Zhongyida Shares Tumble 7% After It Forecasts Huge 2017 Loss

Shanghai Zhongyida Shares Tumble 7% After It Forecasts Huge 2017 Loss

Shares of Shanghai Zhongyida Co. [SHA:600610] plunged 7.08 percent yesterday after the company warned poor performance at subsidiaries and credit struggles had led to a huge loss last year.

Feb 2, 2018
Liao Shumin
29 Chinese Property Developers Profits Grew Over 100% Last Year

29 Chinese Property Developers Profits Grew Over 100% Last Year

Of the 82 Chinese listed real estate companies that have issued their annual earnings forecasts, more than 60 -- 73 percent --…

Feb 2, 2018
Dou Shicong
Time Ripe for China’s Realty Sector to Go Abroad, Ex-Commerce Deputy Says

Time Ripe for China’s Realty Sector to Go Abroad, Ex-Commerce Deputy Says

Some experts think China's real estate companies cannot go abroad to develop, but Wei Jianguo, former vice minister of commerce,…

Feb 1, 2018
Xu Wei
Regulators Probe Guosen Securities for Role in Metal Firm’s Backdoor Listing

Regulators Probe Guosen Securities for Role in Metal Firm’s Backdoor Listing

Chinese regulators have opened an investigation into Chinese state-owned financial services firm Guosen Securities Co.’s role in the backdoor listing…

Jan 31, 2018
Liao Shumin
Wanda Unit Secures USD5.4 Billion in Backing, Agrees to List by 2023

Wanda Unit Secures USD5.4 Billion in Backing, Agrees to List by 2023

Dalian Wanda Commercial Properties Co. Chief Executive Wang Jianlin and backers signed a valuation adjustment mechanism, under which they will…

Jan 31, 2018
Liao Shumin
Wanda Group Will Not Withdraw From Real Estate Development, It Says

Wanda Group Will Not Withdraw From Real Estate Development, It Says

 Dalian Wanda Group Co. refuted the rumor of its exit from the real estate industry today, calling it misleading, and…

Jan 30, 2018
Dou Shicong
Beijing Government Nixed Over 1,000 Realtors Last Year

Beijing Government Nixed Over 1,000 Realtors Last Year

The Beijing government has cancelled the licenses of, closed, and shut down over 1,000 realty agencies since its implementation of…

Jan 30, 2018
Xu Wei
Sohu Shares Dive Most in Four Years After Nine Straight Quarters in the Red

Sohu Shares Dive Most in Four Years After Nine Straight Quarters in the Red

Shares at Sohu.Com Inc. [NASDAQ:SOHU] plunged more than 16 percent to close at USD39.01 after the online video firm announced…

Jan 30, 2018
Liao Shumin
Beijing’s Fight to Make Homes More Affordable Shows Early Promise

Beijing’s Fight to Make Homes More Affordable Shows Early Promise

Beijing has put 7,300 joint-ownership properties up for sale since rolling out a new scheme to curb speculation, keep prices down and ramp up the local housing supply.

Jan 30, 2018
Dou Shicong

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