Ucommune

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

KE Holdings Announced to Achieve Carbon Neutrality in Operation by 2030

Housing transactions and services industry has gradually emphasized the importance of environment externality and carbon reduction.

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

J&T Express to be listed on the Main Board of the Hong Kong Stock Exchange

EqualOcean has learned that J&T Global Express Limited(hereinafter referred to as "J&T Express")(极兔速递) opened its IPO on October 16th and closed on October 19th, and plans to be listed on the Main Board of the Hong Kong Stock Exchange on October 27th under the stock code of "1519".

UrbanLab: Propelling China's PropTech Innovation for A Sustainable Future

The vision of hitting the carbon peak and realizing carbon neutralization is further emphasizing the need to digitize in PropTech to unlock new business opportunities.

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.

Tencent-backed Real Estate Broker Beike Posts 43% Net Revenue Decrease in 2021

Mr. Stanley Yongdong Peng, Chairman of the Board and CEO of Beike commented that the company was "well positioned" to take the fast ride and achieve rapid growth in the long run.

BEKE: Taking-off Once More in Hurricane Brought by Policy Eases

BEKE is struggling in Q1 2022, negatively affected by the continuing downtrend of the Chinese property market and restrictive policies. However, we noticed China is actively boosting the recovery of China's real estate market, within acceptable risks. Meanwhile, BEKE's 'one body with two wings' strategy has born early fruit.

Housing Platform Beike Records a Drop in Net Revenue to CNY 12.5 Billion in Q1

The firm posts grim fiscal results for the first quarter of 2022, as competition remains intense and the market performance is below expectations.

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.

Tencent-backed Real Estate Broker Beike Posts 14.6% Revenue Growth in 2021

Tao Xu, Executive Director and CFO of Beike, said the growth for the full year 2021 was “top-line performance”

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.

China's Property Sector Could Recover Faster Than You Think

Introducing EO's China's Future Investment Watch series: first, how the property sector still has signs of health.

World Innovators Meet 2021 - China & the World Summit Is Approaching!

Join us on December 9-10 for a series of online discussions about a wide range of global investment and business issues.

An Industry Built on Debt

Real estate has long been the stimulus behind China's rapid economic development. House-buying became an investment as prices soared, thus resulting in overbuild. Evergrande's downfall signals the halt on China's reliance on its real estate sector as the country seeks to regulate and strengthen the economy and its foundation.

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.