Dalu chases rich valuation on high margins in weak real estate market
The regional property manager has filed for a Nasdaq IPO that would value it at about $100 million and give it a far higher P/E ratio than most of its…
BRIEF: China Vanke pledges 18.3% of Onewo’s shares to Shenzhen Metro
China Vanke (2202.HK) has pledged about 210 million shares of its property management arm, Onewo Inc. (2602.HK), as collateral for a recent major loan from Shenzhen Metro Group, Onewo said…
FAST NEWS: Onewo announces HK$632 million share repurchase
The latest: Onewo Inc. (2602.HK) on Tuesday announced a plan to repurchase up to HK$632 million ($81 million) worth of its shares in the open market. Looking up: Such share…
Property Downturn Undermines Onewo in Run-up to Hong Kong IPO
The real estate management spin-off of property giant Vanke has been approved to list in Hong Kong and reportedly aims to raise at least $2 billion Key Takeaways: Property management…
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