Poly Real Estate

Panama will not be renewing deal on China’s Belt and Road Initiative

Jokowi Inspects New Capital and Launches Projects

Vanke's Major Shareholder Shenzhen Metro Subscribes to CICC SCPG REIT

The largest shareholder of Vanke offers to buy SCPG REIT, with an expected investment of 1 billion yuan.

Speedway Signs Ballerina Endorser, Increases Investment in Middle East Markets

Kudi Coffee opens its first store in Dubai and rolls into the Middle East market

Haier Smart Home Achieves 6.1% Q3 Revenue Growth and 12.9% Net Profit Increase

Strategic Focus on Premium, Smart, and Eco-Friendly Home Appliances Boosts Growth Potential

Zhong An Intelligent Living To List On HKEX On January 16, 2023

The property management industry in China is in the early stages of rapid development.

Chinese Company Delivers First Deep-Sea Port in Nigeria

The port will meet the needs of Nigeria's economic development.

Wanda Group Refiles Prospectus Again as Hong Kong's IPO Plan Struggles

Positioned as a management company that develops and operates shopping centers on behalf of investors and local governments, Zhuhai Wanda is facing a tough IPO climate, with an index of property developers on the Hong Kong exchange down more than 33% so far this year.

Vanke Property Services Unit Aims A Billion-USD IPO

Onewo, formerly known as Vanke Service, was once the property service department of Vanke. The company’s earliest official announcement that it would split Onewo to go public was in 2021.

Alibaba and Ant Group to Disentangle to Ease China Regulatory Pressure

In response to regulatory pressure from the Chinese government, Alibaba and Ant Group are gradually dissolving their partnership and seeking to launch new businesses independently, sources say.

Tencent-backed KE Holdings Announces Dual Primary Listing in HK

KE is the first in China to gain a dual primary listing by way of introduction on the main board of the HKSE

R&F Properties Sold Two London Properties at a Loss of CNY 2.1 Bn

Headquartered in Guangzhou, the Chinese property developed R&F Properties (富力地产) has sold its 50% stake in the Thames City scheme at Nine Elms in London to its joint venture partner CC Land Holdings for nearly CNY 2.1 Bn.

Possible Late Earning Releases from Developers

Developers' inability to publish their financial results on time coupled with auditors' resignation indicate 'red flags' for market concerns.

China Releases the First REITs Pilot Tax Policy

Many financial institutions believe that the exemption and suspension of income tax on relevant companies reflect the government's determination to expand and develop the REITs market.

Time is Running Out as Default Wave Continues

Modern Land has fallen under the tightening measures around real estate development in China. The developer failed to come to terms for an extension on its bond’s maturity and will be engaging with independent financial advisors soon.

Second Time Around: Wanda Group Applies for Hong Kong IPO

Wanda Group exited HKEX in 2016 in the hopes of listing in mainland China. Now Wanda looks to be listed once again in Hong Kong as the company slowly curbs its global ambitions.

China Will Pilot Property Tax on Real Estate in Some Regions

On October 23, 2021, the Standing Committee of the National People's Congress of China (SCNPC) authorized the State Council to pilot property tax in some regions. The starting date of the trial will be determined and announced by the State Council.

Evergrande Terminates CNY 20 Billion Sale to Hopson

Evergrande has called off the sale of its key units that is worth CNY 20 billion. Default looms as the company approaches the end of the grace period since its last missed payment in September.

Country Garden Announces H1 2021 Financial Results

During the six months through June, the company generated CNY 234.9 billion in revenue, with a year-on-year increase of 27%.