Keppel Land China and Alpha Investment Partners, together with a co-investor, are partnering to buy an office and retail mixed-use development, SOHO Hongkou (below), in Shanghai for US$525 million ($728 million). Keppel Land China, through its wholly-owned ... ( read original story ...)
Keppel forms JV to buy Shanghai property
It tied up with Alpha Investment Partners. Keppel Land in China partnered with Alpha Investment Partners to acquire an office and retail mixed-used development, SOHO Hongkou in Shanghai, China, for around US$525m. According to RHB's News Bulletin, Keppel ... ( read original story ...)
Pressure piles on China’s LeEco as some assets frozen after bank complaint
TAIPEI/BEIJING Struggling Chinese tech group LeEco is under growing pressure from its creditors and business partners, with a court in Shanghai ordering a freeze on some of its assets over late payments to a bank. The latest financial troubles of the ... ( read original story ...)
At Shanghai Disney Resort, Mulan, Mickey and Dumplings
The call, from an animated character, was the day’s first reminder that my family and I were staying at the Toy Story Hotel, at the new Shanghai Disney R esort. After lifting our eyelids, extra heavy with jet lag, we saw other signs. The walls of our ... ( read original story ...)
China central bank to skip open market operations for eighth straight day: statement
SHANGHAI China's central bank said it will skip open market operations for the eighth day in a row on Tuesday, as liquidity levels in the banking system were "relatively high", the People's Bank of China said in an online statement. For the day ... ( read original story ...)
Pressure piles on China’s LeEco as assets frozen after bank complaint
TAIPEI/BEIJING Chinese tech group LeEco is under growing pressure from its creditors and business partners, with a court in Shanghai ordering some of its assets frozen over late payments to a bank. The latest financial woes of the conglomerate, which has ... ( read original story ...)
Pressure piles on China’s LeEco as bank seeks to have assets frozen
China Merchants Bank Co Ltd said in a statement on Tuesday it had applied to have some of LeEco's assets frozen because a subsidiary, Leview Mobile HK Limited, had been late on making interest payments on a loan. "CMB's Shanghai branch repeatedly urged ... ( read original story ...)