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  1. Business - Banking & Finance - FINANCE

    China Development Bank loans point to stealthy economic stimulus

    Posted Aug 15th 2013, 12:00am by George Chen, JANE CAI

    ... George Chen and Jane Cai in Beijing CDB loans will go towards investment in Hebei, Jiangsu and Qinghai in a further indication of the stealthy economic stimulus on mainland Bank provides three provinces funding boost China Development Bank (CDB) has agreed to fund massive infrastructure borrowing by three mainland provincial governments in the latest sign of an effort by Beijing ...

    http://www.scmp.com/business/banking-finance/article/1296795/china-development-bank-triple-funding-boost-provinces
  2. News - China - YANGTZE BRIEFING

    Shanghai mulls growth plan for 'last virgin territory' Chongming Island

    Posted Jan 12th 2013, 12:00am by Daniel Ren

    ... rural enclave marked for growth Shanghai is grappling with the difficult question of how to develop its "last virgin territory"- Chongming Island- as city officials rack their brains to strike a balance between economic growth and environmental protection. The mainland's commercial capital has drawn up a blueprint to develop Chongming, covering more than 1,400 square ...

    http://www.scmp.com/news/china/article/1125862/shanghai-mulls-growth-plan-last-virgin-territory-chongming-island
  3. Property - Hong Kong & China - MAINLAND

    Shanghai developers cut sweeteners as sales rise

    Posted Jan 16th 2013, 12:00am by Sandy Li

    ... bounces back Shanghai developers are cutting incentives and discounts after a strong rebound in sales in the primary and secondary market. Clement Luk, chief executive at Centaline (China) for eastern and northeastern China, said some developers had cut discounts to 2 per cent, from 12 per cent early last year. "The cut follows a good buyer response to new projects that were ...

    http://www.scmp.com/property/hong-kong-china/article/1128742/shanghai-developers-cut-sweeteners-sales-rise
  4. Business - China Business - LISTINGS

    Shanghai developer to revive IPO in Hong Kong

    Posted Oct 12th 2012, 12:00am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Shanghai developer aimsto restart IPO in HK CIFI Holdings, a Shanghai-based property developer, has revived a plan to list shares in Hong Kong next month to raise as much as US$300 million, people with direct knowledge of the situation said yesterday. If it succeeds, CIFI will be the second mainland developer to list in Hong Kong after Kai Shi ...

    http://www.scmp.com/business/china-business/article/1059077/shanghai-developer-revive-ipo-hong-kong
  5. News - Hong Kong - DEVELOPMENT

    Hong Kong risks losing competitive edge over Shanghai, think tank says

    Posted Dec 06th 2012, 12:00am by Tony Cheung

    ... in a few years if it does not develop new industries and build on its advantages, a local think tank chief says. Rankings released yesterday by the China Institute of City Competitiveness put Hong ... few years," he said. Gui said the government needed a long-term development strategy and to boost new industries rather than relying only on financial services. But institute ...

    http://www.scmp.com/news/hong-kong/article/1098301/hong-kong-risks-losing-competitive-edge-over-shanghai-think-tank-says
  6. Alarm as top mainland developers go into red

    Posted Apr 30th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Mainland developers' financial health has raised warning bells, as most of the top 30 listed players record negative cash flows and post debt ratios exceeding the last big downturn in 2008. As sales slow and unsold inventory pile up, property experts expect some listed developers to seek a white-knight rescue and more privately run ones to go ...

    http://www.scmp.com/article/999649/alarm-top-mainland-developers-go-red
  7. Developers fail in Guangdong, Hangzhou

    Posted Apr 20th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Two more property developers in Guangdong and Hangzhou have filed for bankruptcy, highlighting the growing pressure on cash-strapped small players that are struggling amid Beijing's efforts to cool the housing market. Guangdeye Property Development in Shunde, southern Guangdong, declared bankruptcy on Wednesday due to its inability to repay debt, ...

    http://www.scmp.com/article/998725/developers-fail-guangdong-hangzhou
  8. Developers shun new sites in downturn

    Posted Feb 10th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com The number of property development sites sold by the central government halved last month and the sharp drop in sales is expected to continue throughout ... developers see their inventories increasing and their stock is expected to rise continuously in the coming months. 'Under the circumstances, developers do not want to buy sites as they cannot ...

    http://www.scmp.com/article/992244/developers-shun-new-sites-downturn
  9. Developers in clash over sale of Shanghai site

    Posted Dec 31st 2011, 12:00am

    ... prime Shanghai site to another developer. Fosun International yesterday released an announcement saying that it was surprised by the proposed stake transfer of the Bund 8-11 site in Shanghai ... development is only part of its many businesses.' Standard & Poor's Ratings Services yesterday said that its rating and outlook on Zendai were not affected by the deal. The deal, ...

    http://www.scmp.com/article/988877/developers-clash-over-sale-shanghai-site
  10. Homebuyers furious as mainland developers slash prices by a third

    Posted Oct 28th 2011, 12:00am

    ... cities after developers cut prices to boost sales. Facing growing liquidity pressure, developers have started to slash prices for some new projects, with cuts of more than 30 per cent in some ... flat owners gathered at a housing project in Shanghai's suburban Jiading district last Saturday after state-owned developer Greenland Group cut the sales price of unfinished flats by more ...

    http://www.scmp.com/article/983185/homebuyers-furious-mainland-developers-slash-prices-third

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