McKinsey Weighs China Exit, and Shenzhen Rescues Vanke
Some partners at U.S. consulting giant McKinsey are questioning the wisdom of staying in China. What's driving their doubt, and what would a withdrawal signify? And Shenzhen rescues struggling developer Vanke. What is the city demanding in return for its assistance?
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…
Vanke bleeds red ink but detects signs of upturn
The property company is battling to get its house in order after posting big losses, hoping to capitalize on a tentative market revival Key Takeaways: Vanke swung from profit to…
CHINA BULLETIN: Manufacturing Déjà Vu
In this week’s issue European gloom, a new chip fund and foreign law firms flee Shanghai. On a scale of 1 to 100, we give the week a 45 for…
CHINA BULLETIN: Bring on the Equipment Upgrades, Says Beijing
In this week’s issue spying cranes, a TikTok sale and a meaty IPO. On a scale of 1 to 100, we give the week a 60 for offshore-listed China stocks.…
E-House rebuilding hits snag as rights plan stalls
The setback has added new uncertainties to the online real estate agent’s ongoing restructuring Key Takeaways: E-House’s restructuring has stalled over its inability to use one of its key assets…
CHINA BULLETIN: Janet Yellen’s Awkward Beijing Visit
In this week’s issue Janet Yellen’s awkward trip to Beijing, China’s new export restrictions, and Tesla’s China layoffs. On a scale of 1 to 100, we give the week a 35 for offshore-listed China stocks.