Fitch Ratings has downgraded China-based homebuilder Golden Wheel Tiandi Holdings Company Limited's (GWTH) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to 'CCC+' from 'B-'. ( read original story ...)
China healthcare firms surge after vaccine waiver plan meets EU resistance
Shares of Chinese healthcare firms soared on Monday, rebounding from last week's drubbing after a U.S. proposal to waive patents for COVID-19 vaccines met with fierce opposition from European ... ( read original story ...)
China’s major property developers see rising sales in April
BEIJING - China's leading property developers saw robust sales growth in April, an industry report shows. Sales of 100 surveyed major property developers rose 32 percent year-on-year to nearly 1.04 ... ( read original story ...)
Asian shares mostly rise on US rally; eyes on jobs data
Trade data released Friday show global exports rose 32.3% over a year ago to $263.9 billion, in line with March but down from the explosive 60.6% rise in the first two months of 2021. China’s trade ... ( read original story ...)
HFW Expands Shanghai With Winston & Strawn Office Chief, Inhouse Hire
HFW has recruited former Winston & Strawn Shanghai managing partner Brinton Scott. Scott advises foreign companies on investments, transactions and other compliance and operational matters such as ... ( read original story ...)
China Property Brokerage Sector Sees Higher Concentration; Thirsty for Capital
Secondary housing or existing homes have accounted for an increasingly higher portion of total home sales transactions in major Chinese cities, which bodes well for the property brokerage (PB) sector, ... ( read original story ...)
Top cities key housing draws
Growing enquiries for new home projects in major Chinese cities during the five-day Labor Day holiday are an indication of homebuyers' preference for living in the country's top-tier cities, experts ... ( read original story ...)