Property Developer

The Latest

  • Wheelock Goes Private, Ending 57-Years As Public Company
    Wheelock and Co
    Wheelock shareholders will receive HK$12 in cash for each share they own plus one share each of the company's subsidiaries Wharf Holding and Wharf Real Estate Investment.
  • China Vanke Aiming To Raise $1 Billion In New Stock Placement
    China Vanke
    China Vanke launched a second stock placement, issuing an additional 315.59 million new shares priced at HK$25 each.
  • Hong Kong Withdraws Sale Of Kai Tak Property After Lukewarm Buyer Response
    Hong Kong Property Market
    Industry experts claim that the government overestimated the value of the property, which is why the response to the sale was less than enthusiastic.
  • Country Garden Banking On Livestreaming Promotion To Boost Home Sales
    Country Garden Holdings
    Country Garden will be offering more than 10,000 new homes across 60 cities with discounts of up to 50 percent during its livestreaming promotions.
  • Blackstone Set To Take Soho China Private In $4 Billion Deal
    Blackstone Group
    Soho China is reportedly in exclusive talks with US private equity firm Blackstone Group for possible privatization through a deal worth an estimated $4 billion.
  • First Home Sale In Hong Kong In Months Underperforms
    Hong Kong Property Market
    China Evergrande only managed to sell 49 units out of the 141 flats it offered to buyers at large discounts during the first major property sale in Hong Kong in over two months.
  • China Evergrande Shares Dip After Fatal Construction Accident
    China Evergrande Group
    China Evergrande Group saw its shares drop by more than 5 percent following a construction accident at one of its sites that killed six people and injuring five others.
  • Hong Kong Property Tech Firm Spacious Eyeing Overseas Expansion
    Hong Kong Property Technology
    Hong Kong's first home-grown property technology firm Spacious is eyeing an expansion into other markets, including the Greater Bay Area, Australia, the US, and the UK.
  • Chinese E-Commerce Giants Getting Into Real Estate To Boost Sales
    China E-commerce
    Chinese e-commerce giants are betting big in real estate, with plans to includes thousands of property listings on their platforms in the coming months.
  • Sun Hung Kai Properties To Increase Project Capacity To Meet Demand
    Hong Kong Real Estate
    Sun Hung Kai Properties filed an application with the Town Planning Board for it to increase the capacity of two of its residential projects to aid in the city's housing crisis.
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