Sorry, you have not enabled Javascript for your internet browser, so some of our website's pages may not render as fully as intended.
Please Click here for easy instructions on how to enable Javascript on your browser or consult your IT support staff for help.

Chinese Property News

12 3 4 5 6... 24

Shenzhen’s surreal estate

Why are property agents using fruit to denote home prices?
Jun 4, 2021 (WiC 543)

Remember those elementary maths problems at school that you solved using fruits instead of numbers? Homebuyers in Shenzhen are having to resort to something similar to work out how much a property is worth. A recent listing by a property agent ...

The house always wins

Why property management is now in vogue for stock market investors
May 7, 2021 (WiC 539)

In 1980 there was only one property developer in Shenzhen – a city that’s now bigger than neighbouring Hong Kong economically. That firm would develop into today’s state-owned heavyweight Shenzhen Special Economic Zone Real Estate & ...

Coming out party

What’s next for an ex-con property tycoon?
Apr 30, 2021 (WiC 538)

Shanghai LandShanghai has seen some of the biggest increases in property prices in China over the last 20 years. Residents of the country’s financial capital that declined the chance to purchase a flat will rue missing the bull market. Zhou ...

Going after Beike

Second biggest e-commerce player under attack
Apr 23, 2021 (WiC 537)

After Alibaba was slapped with a record $2.8 billion fine for anti-competitive behaviour (see WiC536), regulators called a meeting of more than 30 of the country’s largest internet firms to “give full play to the cautionary example of the ...

Wanda reshuffles IPO plan with Zhuhai gambit
Apr 16, 2021 (WiC 536)

Five years after Wanda Commercial waved farewell to the Hong Kong bourse, the property giant is said to be eyeing a return to the city’s stock market, after a bruising period back in mainland China. A Rmb3 billion ($460 million) investment ...

Will Greenland’s project face the wrecking ball?
Feb 19, 2021 (WiC 529)

In 2016, Fan Bingbing appeared in a TV commercial for a luxury residential project in Shandong’s coastal city Qingdao. Reportedly the starlet was one of the buyers of the villas there. “It’s so close to the ocean. You can dip your toes in ...

Blood in the water

The ‘three red lines’ bring more pain for high-debt property developers
Feb 11, 2021 (WiC 528)

A sea change in how China’s real estate giants get access to capital is reverberating across the property sector. Bond investors are watching closely for signs of stress from the heaviest borrowers. Last October we reported how shareholders ...

Risky real estate

Evergrande ditches backdoor listing plan
Nov 13, 2020 (WiC 518)

At a typical ‘Big Dee Club’ night – where tycoons gather to play card games – the money wagered can be huge (see WiC364). One member of the group, Henan-born tycoon Xu Jiayin, won’t have been put off by the bigger betting. Xu is a bold ...

Evergrande’s cash scramble spooks investors
Oct 2, 2020 (WiC 513)

Internet conglomerate LeEco and solar energy firm Hanergy are two of the more high-profile companies to run into financial distress in recent years. Before their cash crisis became crippling, both spent heavily on electric vehicle (EV) ventures. ...

Red alert for real estate

How will China’s new credit tightening measures impact Evergrande?
Sep 11, 2020 (WiC 510)

In January 2010 China Evergrande surprised investors with a stock exchange disclosure that its chairman Xu Jiayin needed to borrow $40 million from state bank ICBC. Xu also had to pledge a 1.8% stake in his property firm as collateral for the ...

12 3 4 5 6... 24