• Sun
  • Sep 21, 2014
  • Updated: 1:03am

China property developers

Developers’ caution in buying land could threaten local government finances

"Caution" is a word commonly used by mainland developers when talking about their land acquisition plans this year. That bodes ill for some local governments that are under pressure to refinance.

Wednesday, 2 April, 2014, 2:50am

Greenland to ramp up Australian expansion

Shanghai-based Greenland is speeding up expansion in Australia, setting its investment sights on Melbourne, Brisbane and Sydney. The developer also plans to cash in some of its investment, launching units in Hong Kong and Singapore this month.

7 Apr 2014 - 5:31pm

Developers in Singapore and on mainland also hit by falling margins

The decline in profit margins at Hong Kong developers is not unique to the city, as property companies in mainland China and Singapore also face pressure from the rising cost of land, construction materials and labour.

19 Mar 2014 - 5:13am

New World China Land sees mainland China profit double

New World China Land (NWCL), the mainland property unit of New World Development, said an estimated 6.27 billion yuan (HK$7.94 billion) worth of property sales will be booked in the second-half result for the financial year ending in June. That compares to 5.39 billion yuan of sales in the year-earlier period.

26 Feb 2014 - 12:25am 1 comment

Sex shop owner's insights stimulate debate among China's developers

Ma Jiajia has suddenly become a famous - albeit controversial - figure in the mainland property market.

Born in the 1990s, she is the chief executive of a company that runs sex shops.

Ma was recently invited by China Vanke, the country's biggest home builder by sales revenue, to deliver a two-hour talk in which she claimed that her generation does not buy homes.

26 Feb 2014 - 12:18pm 3 comments

More defaults expected at China's property trusts

China’s property trust sector will probably suffer more defaults in the next two years as thousands of small developers will be squeezed out of business by intensifying competition amid policy tightening by the government, industry analysts said.

5 Dec 2013 - 11:25am

Wharf's equity stake in Greentown a model for Hong Kong developers wanting to expand on mainland

For Hong Kong developers seeking to speed up their forays into the mainland market, Wharf (Holdings) offers a good case study in its equity tie-up with Greentown China, industry analysts said.

3 Dec 2013 - 10:40am

'Land kings' re-emerge in Chinese buying spree

"Land kings" refers to a term for land transactions at record prices. Bigger and smaller players are entering the fray, added Alan Jin, an analyst at Mizuho Securities.

5 Jun 2013 - 4:40am

Wuzhou opens retail pitch in HK$1.7b offering

Wuzhou International, which focuses on development and the operation of wholesale markets and commercial complexes in the Yangtze River Delta and Jiangsu province, begins the public offering today. It will close on June 5.

31 May 2013 - 4:41am

Shanghai site fetches year high of 4.6b yuan

Mainland developers' appetite for development sites is growing, with Beijing Fu Run Tian Cheng yesterday paying the highest amount in Shanghai, .4.6 billion yuan (HK$5.83 billion), for a commercial and residential site.

30 May 2013 - 3:13am

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