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…
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…
