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 ...)
Former Shanghai police chief stands trial for graft
Gong Daoan former deputy mayor and police chief of east China Shanghai Municipality stood trial Thursday at the Intermediat ... ( read original story ...)