Swire Properties will shell out a total of 9.7 billion yuan (US$1.3 billion) to bid for stakes in two state-owned companies in Shanghai that own two prime sites in the city’s Pudong New Area. The ... ( read original story ...)
Shanghai law firms do their part to help Chinese companies go global
Fifteen Shanghai-based law firms have established 31 overseas branches that have helped many Chinese enterprises go global, the Shanghai Municipal Bureau of Justice announced at a recent media event. ( read original story ...)
China property support moves spur buying spree in Beijing and Shanghai, but concerns swirl demand may not be sustained
China’s package of relief measures to support the property sector triggered a home-buying spree over the weekend as hundreds of families in Beijing and Shanghai took advantage of lower down payment ... ( read original story ...)
Beijing, Shanghai Home Sales Pick Up After Cities Ease Mortgage Policies
Zhang said that a certain Shanghai real estate agency claimed that reservations to visit pre-owned housing jumped by 50 percent. However, the bull market for second-hand housing may arrive slowly ... ( read original story ...)
Swire chasing two stakes worth US$1.3 billion in Shanghai firms with prime sites in Pudong
The two potential investments show firm's 'long-term commitment to the Chinese mainland', Swire Properties CEO says Firm looking to take up 40 per cent stakes each in Shanghai Dongmao Real Estate and ... ( read original story ...)
UPDATE 2-Swire Properties eyes $1.34 bln deal for stake in firms with Shanghai land assets
The stakes are currently owned by Shanghai Lujiazui Group, a property and finance company controlled by the state asset regulating authority in Pudong, and by a subsidiary of Shanghai Lujiazui Group ... ( read original story ...)
Asian Markets Rise on China’s Property Stimulus Measures
Asian indexes climbed, led by Chinese markets, as investors welcomed Beijing’s latest effort to support home buying. U.S. markets were closed for the Labor Day holiday. ( read original story ...)