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Tag: property

Posted on 31/01/2022

SENSETIME Plans to Buy Office Property in Shanghai at About RMB3.3B

SENSETIME-W (00020.HK) announced that its subsidiary, Shanghai SenseTime, planned to acquire an office property from a stated-owned enterprise in Xuhui District, Shanghai at the Expected Consideration ... ( read original story ...)

Posted on 30/01/2022

China Government Buys a Hyatt Property From Struggling Developer

Chinese developer Shimao Group said on Friday it would sell a hotel in Shanghai to state-owned Shanghai Land Group for $707.83 million. ( read original story ...)

Posted on 29/01/2022

China’s Shimao sells Shanghai hotel for US$708 million to state-owned firm

Chinese property developer Shimao Group said on Friday (Jan 28) it would sell a hotel in Shanghai to state-owned Shanghai Land Group for 4.5 billion yuan (US$707.83 million), as it seeks to reduce its ... ( read original story ...)

Posted on 29/01/2022

China’s Shimao sells Shanghai hotel to state-owned firm for $708m

Chinese property developer Shimao Group said on Friday it would sell a hotel in Shanghai to state-owned Shanghai Land Group for 4.5 billion yuan ($707.83 million), as it seeks to reduce its debt amid ... ( read original story ...)

Posted on 28/01/2022

China’s Property Crisis Has Investors in Green Bonds Seeing Red

The selloff in China’s property-bond market and a string of defaults have hammered prices for many dollar-denominated green bonds issued by developers. ( read original story ...)

Posted on 28/01/2022

China home builders, suppliers issue spate of profit warnings as Evergrande woes bite

A growing number of Chinese construction and decoration companies are writing off assets or issuing profit warnings as debt woes at China Evergrande Group and other property developers debilitate ... ( read original story ...)

Posted on 27/01/2022

M&A-themed bonds take shape to lift China’s property sector

Issuers turn to bonds to support property acquisitions, but any ease up in liquidity pressure is set to be limited ... ( read original story ...)

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