15th Five-Year Plan: Solar and property wait for the next policy tide
As China shifts from the 14th to the 15th Five-Year Plan, solar tells a story of swelling under policy momentum before a pullback, while property experienced a forced, sharp slowdown…
Its financial house back on stabler ground, CIFI Holdings isn’t out of the woods yet
The developer’s new offshore debt restructuring eases its most urgent default risk, but it must still restore its cash flow and repair its operations Key Takeaways: CIFI Holdings concluded an…
From friends to foes: Agile faces mounting troubles from former partner
A former partner has requested Agile’s liquidation over an outstanding debt that isn't substantial, but could still trigger a chain reaction Key Takeaways: Agile Group is facing a liquidation petition…
BRIEF: PICC shares sink on reports of executive’s detention
Shares of insurer PICC Property and Casualty Co. Ltd. (2328.HK) fell on Wednesday, after media reported its vice president Yu Ze was missing, and was like being investigated for corruption.…
KE Holdings shores up its house with share buybacks, as revenue gains fail to impress
China's largest real estate brokerage has spent $2.3 billion on share repurchases in the last three years as a struggling property market weighs on its profits Key Takeaways: KE Holdings…
Declining revenues, widening losses remove polish from Hiducation IPO
China’s fourth largest online vocational educator is looking for a high-tech boost from AI to jumpstart its business, as it searches for elusive profits Key Takeaways: Hiducation has filed to…
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…