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…
Red Star Macalline shines spotlight of hope on struggling retail property sector
The shopping mall operator said its losses continued to grow in the first half of this year, but indicated the rate of increase could be moderating Key Takeaways: Red Star…
BRIEF: Bondholders approve Logan’s onshore debt restructuring
Real estate developer Logan Group Co. Ltd. (3380.HK) said on Wednesday that restructuring plans for 21 of its onshore corporate bonds and asset-backed securities (ABS) have all been approved by…
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: 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…