BRIEF: Onewo’s first-half profit rises on community services growth
Property management firm Onewo Inc. (2602.HK) said on Monday its revenue rose 3.1% year-on-year to 18.14 billion yuan ($2.53 billion) in the first half of 2025. Its net profit for…
BRIEF: KWG Group faces liquidation petition
Property developer KWG Group Holdings Ltd. (1813.HK) said on Wednesday that Shandong Sunlight Xin Tiandi Micro-finance Com. Ltd. filed a winding-up petition against the company with Hong Kong’s High Court…
BRIEF: Auditor casts doubt on Ever Reach’s ability to continue as going concern
Property developer Ever Reach Group (Holdings) Co. Ltd. (3616.HK) on Monday reported its revenue totaled 2.76 billion yuan ($38.5 million) last year, down 22% year-over-year. The company posted an annual…
BRIEF: GDS completes IPO for its data center property REIT
Data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) said on Wednesday it has completed the spin off and separate listing in Shanghai of a real estate investment trust (REIT) containing…
BRIEF: Vanke’s losses continue to grow in first half of 2025
Real estate developer China Vanke Co. Ltd. (2202.HK, 000002.SZ) warned on Monday that it expects to report a loss of between 10 billion yuan ($1.4 billion) and 12 billion yuan…
BRIEF: Bondholders approve Logan’s onshore debt restructuring
Real estate developer Logan Group Co. Ltd. (3380.HK) said on Wednesday that restructuring plans for 21 of its onshore corporate bonds and asset-backed securities (ABS) have all been approved by…
BRIEF: Greentown’s H1 sales down 11%, former chairman detained
Real estate developer Greentown China Holdings Ltd. (3900.HK) said its contract sales in the first half of the year totaled 80.3 billion yuan ($11.2 billion), involving an area of 2.29 million square meters. Sales attributable…
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