BRIEF: China Jinmao disposes of Sanya Ritz-Carlton
Property developer China Jinmao Holdings Group Ltd. (0817.HK) said on Tuesday it disposed of its Ritz-Carlton Sanya Yalong Bay on South China’s Hainan Island through an asset securitization deal valuing the resort…
BRIEF: CR Land approved to issue up to $3.9 billion in notes
Real estate developer China Resources Land Ltd. (1109.HK) said on Monday it has been approved by the Hong Kong Stock Exchange to issue up to $3.9 billion in medium-term notes…
BRIEF: Agile’s October sales rise month-on-month, but fall year-on-year
Property developer Agile Group Holdings Ltd. (3383.HK) said on Tuesday that its contracted sales totaled 710 million yuan ($100 million) in October, up 54% from September, but down 49% from…
BRIEF: Alibaba, Ant Group to buy prime Hong Kong office for $925 million
E-commerce giant Alibaba Group Holding Ltd. (BABA.US; 9988.HK) and its financial affiliate, Ant Group Co. Ltd., announced they will acquire multiple floors in a prime office building in Hong Kong’s…
BRIEF: Vanke Chairman Xin Jie resigns, citing personal reasons
Chinese property developer China Vanke Co. Ltd. (2202.HK; 000002.SZ) announced on Monday that its Chairman Xin Jie has resigned for personal reasons. It added the board has elected Huang Liping,…
BRIEF: Jinmao’s August sales jump 46%
Property developer China Jinmao Holdings Group Ltd. (0817.HK) said on Tuesday it recorded sales of 9.08 billion yuan ($1.28 billion) in August, up 46% year-on-year and up 7.3% from July.…
BRIEF: Sunac’s sales fall 27% in August
Real estate developer Sunac China Holdings Ltd. (1918.HK) said on Thursday its contracted sales totaled 5.39 billion yuan ($755 million) in August, down 27% from the same month a year…
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