Guo Xin Service makes IPO bid into frigid market for new property plays
Despite Hong Kong’s hot market for new listings, the management company from China’s struggling real estate sector would represent the first new property IPO in several years Key Takeaways: Guo…
Vanke not out of the woods as losses, debt keep mounting
Despite being taken over by Shenzhen Metro Group and promised full financial support, the developer, while avoiding defaults, reported its loss widened in the first half of 2025 Key Takeaways:…
A-Living gets tough on debt arrears to claw back into profit
The property manager has cracked down on late payments for its services and taken steps to insulate itself from the debt woes of its embattled parent Key Takeaways: The company…
Red Star Macalline shines spotlight of hope on struggling retail property sector
The shopping mall operator said its losses continued to grow in the first half of this year, but indicated the rate of increase could be moderating Key Takeaways: Red Star…
Checking out or checking in? Jin Jiang can’t decide
Three years after privatizing its Hong Kong-listed shares, storied hotelier Jin Jiang has rolled out plans to re-list on the city’s stock exchange Key Takeaways: Jin Jiang has applied to…
Tongcheng beefs up its hotel management, as Wanda buys more time
China’s third-largest online travel company is buying the hotel management unit of a former highflying operator now struggling to stay one step ahead of its creditors Key Takeaways Tongcheng has…
Overseas losses put wrinkle in H World’s welcome mat
The hotel operator’s overseas revenue grew last year, but its widening losses sharply dragged down the company's overall profit Key Takeaways: H World reported its profit dropped nearly 27% in…