Chinese stocks fell on Wednesday, led by by banking and consumer staples, while real estate shares jumped after developer China Evergrande assured to make bond interest payment. ( read original story ...)
Asian shares mostly extend losses on China property worries
Asian shares have mostly fallen, with Tokyo down 2.2%, as worries about heavily indebted Chinese real estate developers weigh on sentiment. Markets were closed in Taiwan, Shanghai and South Korea. In ... ( read original story ...)
Chinese property magnate loses $1 billion in Evergrande panic
The boss of a Shanghai-based property developer lost more than a billion dollars Monday, as fears over the potential collapse of Chinese real estate giant Evergrande sent panic across Hong Kong ... ( read original story ...)
Chinese Property Developer Sinic Halts Trading After Sinking 87%
Sinic Holdings Group Co. has halted trading after an 87% slump in its shares Monday afternoon. The Shanghai-based developer didn’t give any reason for the trading halt in Hong Kong. The sudden selloff ... ( read original story ...)
One of China’s biggest property developers on brink of bankruptcy
Chinas second-largest real estate developer by sales Evergrande admitted this week it is under tremendous pressure and may not be able to meet its cri ... ( read original story ...)
Old School Grandeur: The St. Regis Shanghai Jingan Staycation
The St. Regis Shanghai Jingan has quite the backstory. John Jacob Astor IV, a prominent member of the Astor family, was a business magnate, real estate developer, investor, writer, lieutenant colonel ... ( read original story ...)
Herbert Smith Freehills, Hogan Lovells Bolster Shanghai Offerings With Hires
Herbert Smith Freehills and Hogan Lovells have both added to their Shanghai operations with a lawyer apiece. HSF has hired new partner Peng Lei to its Shanghai joint operation Kewei, in order to help ... ( read original story ...)