On the mainland, the Shanghai Composite closed off 0.21 percent ... Other market movers included Hong Kong-listed property companies linked to a high profile deal involving Dalian Wanda. Property developer Sunac China Holdings announced it agreed to ... ( read original story ...)
China’s second-half GDP growth seen at around 6.7 percent: official think tank
SHANGHAI (Reuters) - China's economy is likely to grow at ... number of factors including a slowdown in export growth and a cooling of investment in the real estate market. "The emerging service industry will maintain good growth momentum," said the ... ( read original story ...)
For an emerging economy, China’s corporate and household debts have become very large
The ride towers above an amusement park built by Dalian Wanda, a Chinese property-and-entertainment conglomerate, which has aspired to outdo Disney's resort in Shanghai. But this month, the group said it was selling 13 such projects and 77 hotels to rival ... ( read original story ...)
China’s property market slows, Beijing prices down for first time since 2015
BEIJING (Reuters) - Home property prices in Beijing fell for the first time in more than two years in June, while Shanghai further declined and Shenzhen stalled, pointing to significant cooling in China's biggest real estate markets, official data showed. ( read original story ...)
Purge of Former Top Shanghai Property Developer Signals Decline of Political Clan
Chinese leader Xi Jinping recently took out yet another key member of a rival political faction — one whose name, incidentally, somewhat resembles his own. The downfall of Xin Jiping (not to be confused with Xi Jinping) was so low key and swift that less ... ( read original story ...)
Shanghai underlines mass housing
Mao Wenyuan, property sales manager with Shanghai Wendi Property, said: "From the planned land use and planned numbers of new supplies in residential properties and rental residential apartments, we can say that a high percentage of new supplies will be ... ( read original story ...)
Greenland sells management arm to rival developer for US$146m
Shanghai-based Greenland Holdings, the mainland’s fourth-largest developer by sales, has agreed to sell its property management unit to its Guangdong rival Agile Property Holdings, raking in a one-time gain of 993 million yuan (US$146 million). ( read original story ...)