BRIEF: Green Economy invests $1.48 million in Bayed Health Group IPO
Building maintenance services company Green Economy Development Ltd. (1315.HK) said on Wednesday it will invest HK$11.6 million ($1.48 million) in shares of Bayzed Health Group Inc. (2609.HK) during the biotech…
BRIEF: Jinmao secures three investors to fund Beijing land purchase
Property developer China Jinmao Holdings Group Ltd. (0817.HK) said on Tuesday that Jiaxing Chengmao, Yangzhou Xida and Qingdao Yuanpu won the bidding to help fund Jinmao’s purchase of a land…
BRIEF: Greentown sales rise in May
Property developer Greentown China Holdings Ltd. (3900.HK) on Thursday reported its sales totaled 18.6 billion yuan ($2.59 billion) in May, up 14% year-over-year and up by an even stronger 60%…
BRIEF: Haitong offloads 20% pledged stake in Sunshine 100
Property developer Sunshine 100 China Holdings Ltd. (2608.HK) said on Monday that Haitong International sold 521 million of the company’s shares in the open market on May 21 and May…
BRIEF: Greentown’s sales drop 8% in first quarter
Property developer Greentown China Holdings Ltd. (3900.HK) logged contracted sales of 21.8 billion yuan ($2.98 billion) from its self-invested projects in March, down 5% year-on-year, the company said on Monday.…
BRIEF: Vanke swings to $6.82 billion loss as debt pressure mounts
Property developer China Vanke Co. Ltd. (2202.HK; 000002.SZ) announcedon Monday it recorded a net loss of 49.5 billion yuan ($6.82 billion) in 2024, reversing a profit of 12.2 billion yuan…
BRIEF: Powerlong Commercial profit plunges on weak property market
Property manager Powerlong Commercial Management Holdings Ltd. (9909.HK) said it expects to report that its net profit for 2024 fell between 50.4% and 60.9% from 2023, according to a profit…
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