Shares of China Evergrande Group rose as much as 17.9% after the property developer reached a deal with some investors in its unit Hengda Real Estate to ease cash-crunch concerns. ( read original story ...)
Hotel Nikko Changshu to Open in 2023
Okura Nikko Hotel Management Co., Ltd., a subsidiary of Hotel Okura Co., Ltd., announced today that it will open Hotel Nikko Changshu in 2023. The hotel will be located at Changshu National New & ... ( read original story ...)
Alibaba’s Tmall to upend China’s real estate industry by using the internet for the entire sales process from viewing to paying
China's property developers, stymied by a months-long ban on showroom exhibitions and the worst economic growth pace in decades, are girding themselves for a new sales strategy in the age of the ... ( read original story ...)
China blue-chips end higher as profits at industrial firms grow
SHANGHAI, Sept 28 (Reuters) - China's blue-chip index inched up on Monday, as industrial firms posted profit growth for a fourth straight month in August, pointing to a continued ... ( read original story ...)
China’s blue-chip index rises after upbeat industrial profits; Hong Kong up
SHANGHAI, Sept 28 (Reuters) - China’s blue-chip index started the week on a positive note after latest data pointed to a continued recovery in the world’s second-largest economy from the coronavirus ... ( read original story ...)
Hong Kong, China stocks rise on bright August economic data and progress over US stimulus package
Fourth straight month of increase in Chinese industrial giants’ profits powers early gains in Hong Kong and mainland shares. ( read original story ...)
Evergrande Tries to Stop Bond, Stock Rout From Spiraling
China Evergrande Group attempted to revive confidence in its finances, after fears of a cash crunch sent the property giant’s onshore bonds to record lows and turned its stock into one of the worst ... ( read original story ...)