“This is what I call the substitution effect,” Chang, founder and managing partner of Beijing-based VC firm GenBridge Capital, told the South China Morning Post in a recent interview. “When …
SM Investments Corp, the conglomerate controlled by the richest family in the Philippines, sees mainland China as a growth driver that teems with opportunities in the commercial property market, in …
The persistent deterioration in the housing sector has “breached policymakers’ pain threshold, pushing them to step up housing easing and shift the strategic focus towards digesting existing inventory,” Goldman Sachs …
The electric vehicle (EV) unit of embattled real estate developer China Evergrande Group said liquidators are in talks with a potential buyer who may also extend a new line of …
China Vanke is seeking to sell its entire stake in logistics firm GLP, according to people familiar with the matter, as the state-backed developer seeks to amass cash to stave …
Morgan Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this week, with at least 80 per cent of the reductions in Hong Kong and China, …
Shimao urged its offshore creditors to “carefully consider” the restructuring plan put forward on March 25, in which it presented four options including short-term and long-term notes offering an aggregate …
Transactions involving lived-in homes in Shanghai shot up in March as owners offered discounts to bargain hunters, but the outlook for the city’s housing market remains cloudy due to concerns …
Debt stricken property developer Country Garden has roped in a new partner to inject capital into its partially-finished, 64-storey commercial tower in Guangzhou’s Baietan business district, as the company overcame …
International ratings agency Moody’s has stripped state-backed property giant China Vanke of its investment-grade credit rating amid concerns over its liquidity and ability to access funding amid declining sales. Moody’s …