ITC Properties pivots to AI with $12.47 million acquisition
ITC Neocloud Group Ltd. (0199.HK), formerly known as ITC Properties Group Ltd., announced on Tuesday that it plans to acquire 80% of Guangzhou Chaoqi Xiyang Technology Co. Ltd. for 83.6…
New World looks to REIT in bid to rescue its shaky foundation
The company plans to list a commercial real estate investment trust in Shanghai, making it Hong Kong’s first developer to issue a C-REIT on a Mainland stock market Key Takeaways:…
Developer lifeline: Seazen seeks financial relief through REIT spinoff
The property developer received regulatory approval this month to issue a commercial real estate investment trust, or REIT Key Takeaways: Seazen plans to raise funds through a real estate investment…
KWG’s August sales plunge as offshore debt restructuring advances
Property developer KWG Group Holdings Ltd. (1813.HK) said on Tuesday that presales by the company, its joint ventures and associates fell 73.6% year-on-year to 161 million yuan ($24 million) in…
With looming debt pressures, Agile faces tough road to restructuring
Latest earnings figures show the real estate conglomerate remains mired in a liquidity crisis, while facing a court test and an impending payment crunch Key Takeaways: At end of June,…
China’s state playbook fuels humanoid robot boom, resolves Evergrande crisis
"With things like this in China, there's always an element of surprise to some extent simply because the system is so opaque that nobody knows what's going on." – on…
CR Land’s sales rise 5% in first half of 2026 despite property downturn
Real estate developer China Resources Land Ltd. (1109.HK) reported that its cumulative sales reached about 116.5 billion yuan ($17.18 billion) in the first half of 2026, up 5.6% year over…
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