Toyota Motor, the world's largest carmaker, was set to delay the launch of a new line at its factory in Tianjin because a decline in its Chinese sales was likely to continue, Japan's Asahi newspaper reported.Monday, 10 December, 2012, 3:32am
Chinese developers are starting to venture overseas, chasing wealthy locals who are buying apartments from New York to Sydney, as the government restrains the property market at home.7 Dec 2012 - 4:52am
Hong Kong-listed Country Garden Holdings, which reported a more than 62 per cent jump in interim profits yesterday, said it would speed up buying of land since government moves to cool the property market would create more acquisition opportunities.17 Aug 2011 - 12:00am
Last Wednesday, the day after Country Garden Holdings reported a 172 per cent jump in last year's net profit to 4.14 billion yuan (HK$4.52 billion), word was out that another property developer in the Pearl River Delta area might shelve its Hong Kong listing.25 Mar 2008 - 12:00am
Shares in Country Garden Holdings surged 11.48 per cent yesterday after the company promised to buy back 50 per cent of its US$500 million convertible bond issue.
The mainland developer's shares climbed 77 HK cents to HK$7.48 after its debut sale of convertible bonds, due 2013 and which carry a coupon rate of 2.5 per cent. The conversion price is fixed at HK$9.05.19 Feb 2008 - 12:00am
Downturn cuts paper wealth for mainland tycoons
Five months after Hurun issued its 2007 mainland rich list, many of the country's top businessmen/businesswomen named suffered huge paper losses in their net worth.19 Feb 2008 - 12:00am
Country Garden Holdings, the mainland's largest developer in terms of land bank, yesterday surprised the market with news of a planned convertible bond of up to US$500 million, instead of a planned high-yield bond sale.16 Feb 2008 - 12:00am
Shares of Country Garden Holdings, the mainland's biggest developer in terms of land bank size, fell yesterday on a report the company had colluded with a local government to buy a large plot of land in Anhui province at a low price - the third scandal in two months.25 Dec 2007 - 12:00am
A political firestorm threatens to erupt over the 'Excellent Contributor' to China's real estate industry, Yeung Kwok-keung, and may have summarily halted a multibillion-dollar bond float planned by Mr Yeung's Hong Kong-listed property development company, Country Garden Holdings.26 Nov 2007 - 12:00am
Shares in Country Garden Holdings slumped 3.84 per cent yesterday on news that the company was colluding with a local government to gain a site at a steep discount, its second scandal in two weeks.
The stock fell 42 HK cents to close at HK$10.52 after state media said the company bought a plot in Zhangjiajie, Hunan province, at almost 'zero cost'.20 Nov 2007 - 12:00am