SHANGHAI, July 19 (Reuters ... and Alibaba’s Alipay on its official WeChat account. ** Property developer Evergrande sees share plummet 7.14% after an adverse court ruling came to light, freezing ... ( read original story ...)
China’s Luxury Retirement Homes Draw Millions From Investors
Sydney-based property and infrastructure company Lendlease Corp Ltd ... but it has certainly gotten started,” said Ye Liming, a director at the Shanghai Senior Service Industry Association. The ... ( read original story ...)
A room with a view: Hotel opens atop world’s 2nd tallest building
J Hotel opened on June 19 atop Shanghai Tower, China’s tallest skyscraper and the second tallest building in the world at 632 meters – 196 meters short of record holder, Dubai’s 828-meter Burj Khalifa ... ( read original story ...)
Hong Kong-China Cross Border Insolvency Agreement Gives Creditors Greater Access to Assets in China
As a result of a recent signing between Hong Kong and Chinese officials, assets tied up in China that were previously hard to reach may be more readily accessible to creditors outside of the PRC. ( read original story ...)
China to order developers to disclose commercial paper debt every month – sources
Chinese regulators want property developers to disclose details of rapidly growing commercial paper issuance in their monthly reports, said three sources, as part of Beijing's move to rein in ... ( read original story ...)
MRNA Vaccine Access Carves Up World Into Haves and Have-Nots
Yet just a handful of facilities in the U.S. and Western Europe account for almost all of the world’s mRNA vaccine supply -- leaving many countries in a desperate race to catch up. From South Korea to ... ( read original story ...)
Insight – Hong Kong property investors fear the Fed
IF Hong Kong real estate were a stock, investors might have reason to start getting worried. Home prices rallied this year, reaching within about 1% of their 2019 record before retreating in the first ... ( read original story ...)