China will boost financing for good quality property developers and roll out a 100 billion yuan ($14.86 billion) support plan for rental housing loans, the official Xinhua news agency said on Friday. ( read original story ...)
China’s billionaire playboy Wang Sicong arrested after allegedly breaking man’s nose in Shanghai street fracas
High-profile playboy and former Weibo influencer Wang is known for his flamboyant behaviour Wang Sicong - the only son of Chinese property tycoon Wang Jianlin - has reportedly been arrested following ... ( read original story ...)
Covid Roils Shanghai’s Commercial Property Market in Fourth Quarter
The nascent recovery in Shanghai’s commercial property market was cut short at the end of last year, as uncertainty fueled by a new wave of coronavirus infections and the scrapping of “zero Covid” ... ( read original story ...)
Mainland Chinese property shares surge on rumours authorities will back ‘financially healthy’ developers
The Shanghai Stock Exchange Property Index jumped 3.5 per cent, while developers and suppliers rallied in Shenzhen Rumours online said the government is planning to offer support to developers with ... ( read original story ...)
China Fortune Land sells property units to CR Land in debt restructuring
SHANGHAI: China Fortune Land Development Co has agreed to sell equity interest and debt in four property units worth 12.4 billion yuan (US$1.8 billion) to a unit of China Resources Land Ltd (CR Land), ... ( read original story ...)
China property players keen to help spur growth
By recognising the importance of the real estate industry to the larger economy, the annual Central Economic Work Conference, which concluded last Friday, has underlined how the industry’s stable ... ( read original story ...)
AIA Life Makes Biggest Investment to Date, Paying USD716 Million for Shanghai Property Project
Shanghai-based AIA Life acquired a 90 percent stake in Shanghai Shisen Real Estate and all of its debt, the report said, adding that Shisen has the rights to a plot of land on the North Bund in the ... ( read original story ...)