FAST NEWS: Vanke’s sales tumble in January
The latest: China Vanke Co. Ltd.(2202.HK, 000002.SZ) announced on Thursday that its contracted sales area in January was 1.25 million square meters that sold for 19.45 billion yuan ($2.73 billion), down 32% year-on-year and…
Shaky Vanke finds stabilizing friend in Shenzhen government
Shenzhen SASAC and Shenzhen Metro Group offered the hometown property champion their support after investors worried about its ability to repay its debt Key Takeaways: Vanke has no more overseas…
FAST NEWS: Onewo announces HK$632 million share repurchase
The latest: Onewo Inc. (2602.HK) on Tuesday announced a plan to repurchase up to HK$632 million ($81 million) worth of its shares in the open market. Looking up: Such share…
Gemdale undermined by chairman’s resignation, rating downgrade
Ling Ke’s exit from one of China’s leading property developers has sparked concerns about the company's debt and sales, adding further pressure to its embattled shares Key Takeaways: Gemdale’s chairman…
Rental giant Cubic City seeks IPO boost as rivalry looms
The chain of rental apartments has filed to list in Hong Kong for a second time, looking to fund a business expansion, and is likely to rank as the sector’s…