Company Overview and News
Casino industry newsletter GGRAsia reported that Hard Rock International confirmed its interest in developing a casino at the Laguna Lăng Cô beach resort development. (5-0)
Hong Kong's benchmark Hang Seng Index broke through the 30,000 point-mark on Wednesday for the first time in 10 years, amid signs Chinese investors are stepping up buying Hong Kong blue chips such as Tencent. China stocks also rose.
Hong Kong budget hotels in non-core areas are keen to join other investors to convert their underperforming properties into co-living spaces, as it provides a cheaper alternative for millennials priced out of the world’s most expensive housing market.
Yuppies with the taste for communal living in Beijing are being spoiled for choice as an increasing number of private firms move into this latest strand of residential leasing, thanks to backing from the government. (0-1)
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.
A man walks out of the Shanghai Stock Exchange building at the Pudong financial district in Shanghai November 17, 2014. — Reuters picSHANGHAI, Nov 21 — Chinese stocks rallied in late trade as markets took a closer look at the nation’s new plans to rein in shadow banks and some traders speculated that state funds would act to stem excessive losses.
Industrial and Commercial Bank of China (ICBC), the nation’s largest bank by assets, said on Thursday it would offer 500 billion yuan (US$75.4 billion) worth of credit to support the home rental market in Guangzhou. (1-0)
Results come after finalisation of a US$11.6b management-led buyout of the firm by a consortium led by developer China Vanke Co and Goldman Sachs’ former China chairman – Asia’s biggest-ever private equity acquisition by value (5-0)
Following Mofang and Ziroom’s successful issuance of Asset Backed Securities (ABS), China Young Professional Apartments (CYPA) and Poly Real Estate (Poly China) have now been given the green light to launch quasi-Real Estate Investment Trusts (REITs). Property developers, such as China Vanke, CIFI Holdings (Group), Longfor Properties and Landsea Green Properties, Poly China has entered the business of long-term rental spaces.
China Construction Bank first of country’s big four to make serious commitment, with others lining up to follow (1-0)
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (11-0)
Reits are popular with investors in developed markets like the US, but legal and regulatory hurdles are preventing the launch of these products in China
A series of aggressive asset purchases over the past year has propelled real estate magnate Sun Hongbin into China’s top five property billionaires, from outside the top 50, 12 months ago.
Capital is an asset that has the potential to create more value. It captures both the physical dimension and its potential to generate surplus value of an asset. (0-1)
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton