K. Wah, though a subsidiary, will hold 60% of a joint venture in partnership with two state-owned companies to develop residential and commercial property in an area planned for artificial ... ( read original story ...)
Developers Poly, Longhua Join Forces to Buy Shanghai Plot in City’s Third Auction This Year
After 20 rounds of bidding and a starting price of CNY3.3 billion, Guangzhou-based property giant Poly and Shanghai-based Longhua beat three other bidders for the right to develop a more than 19,700 ... ( read original story ...)
To stimulate economy, Shanghai to begin $257 billion in construction
In an announcement, the Shanghai municipal government said the eight projects in Shanghai include a transport hub in its eastern Pudong area, urban railways and housing improvements, as well as ... ( read original story ...)
UPDATE 2-COVID-hit Shanghai unveils $257 bln in projects in infrastructure push
China's commercial hub of Shanghai on Tuesday announced eight infrastructure projects with total investment of 1.8 trillion yuan ($257 billion), after the city was hit hard by COVID-19 lockdowns in ... ( read original story ...)
Seeking rebound after Covid, Shanghai begins construction projects
In an announcement, the Shanghai municipal government said the eight projects in Shanghai include a transport hub in its eastern Pudong area, urban railways and housing improvements, as well as ... ( read original story ...)
Hang Seng & Shanghai Composite Approach Key Levels For Policy Support
Chatter that President Xi's speech on China maintaining military readiness is said to have weighed on US-China ADRs yesterday though the lack of buyers is the real culprit despite rock bottom ... ( read original story ...)
Why China’s commercial property sector is thriving despite the ‘zero-Covid’ policy
While Beijing's policy objectives have curbed debt and speculation in residential real estate, they provide underpinnings for growth in other sectors These sectors that contribute to China's ... ( read original story ...)