Company Overview and News
Stop missing out on important events!
Even as e-commerce giants Alibaba and Amazon extend their reach offline, malls are doing the opposite – engaging customers digitally.
HONG KONG (Reuters) - Chinese developers such as China Vanke and Country Garden are increasingly turning to the securitisation market as an alternative fund-raising channel as the onshore bond market remains mostly inaccessible.
HONG KONG (Reuters) - Chinese developers such as China Vanke (2202.HK) and Country Garden (2007.HK) are increasingly turning to the securitization market as an alternative fund-raising channel as the onshore bond market remains mostly inaccessible.
Office-space sharing start-up UrWork aims to serve overseas Chinese businesses with planned new office sites in several European cities
China's largest co-working space provider UrWork announced today to have received pre-C round funding equivalent of US$178 M, fuelling further global expansion and technology upgrading.
Chinese co-working space unicorn URWork, backed by Alibaba-affiliate Ant Financial and Sequoia Capital, said it has closed a 1.2 billion yuan (US$179 million) pre-C fundraising from a group of Chinese investors, to push forward its global expansion.
Beijing Capital Juda says the Chinese market can accommodate another 150 outlet malls, from the current 50
China’s top three mega developers, which represent a tenth of the country’s market, saw their contracted sales drop 14.4 per cent month on month in May as property tightening measures continue to weigh on the market and developers delay sales amid price controls.
A crash in Australia’s “unprecedented” housing market could lead to a broader economic downturn, according to a report from the OECD .
Underscoring the credit squeeze in construction and real estate development, the corporate debt market appears to have ground to a halt for real estate companies in mainland China during February, as no debt was issued by a company in the sector last month, according to data from Haitong Securities.
State-owned developer Beijing Capital Land said it will continue to expand its footprint in Australia despite tightened controls on capital outflows.
Designer outlets are weathering sluggish mainland retail sales, with at least 17 new malls set to open before year-end