Soho China

Founded in 1995, SOHO China is China’s largest prime office real-estate developer, focusing on the central business districts of Beijing and Shanghai. It was founded by Pan Shiyi, a former oil ministry employee, and his wife Zhang Xin, formerly of Goldman Sachs. It listed in Hong Kong in 2007 (Hong Kong stock code: 410).

Soho China core profit drops 60p to 1.78b yuan

A woman walks past an office building in Beijing. Mainland China's biggest developer of prime office space, Soho China, reported a near 60 per cent fall in core profit. Photo: AP

Soho China's transition from developer to landlord is weighing on its earnings, with the company yesterday reporting a 60 per cent drop in core profit to 1.78 billion yuan (HK$2.24 billion) for last year.

Friday, 6 March, 2015, 10:51pm

Soho China sells part of Shanghai project to Ctrip

Savills China sees fewer international investors in the Shanghai office market due to slowing mainland economic growth. Photo: AFP

Mainland commercial property developer Soho China has agreed to sell just under half of its uncompleted office-retail project in Shanghai to Ctrip Shanghai for HK$3.85 billion, nearly double what it paid for the project site in 2010.

30 Sep 2014 - 2:24am

Softer office markets cloud China property outlook

Offices at Galaxy Soho are about 60 per cent occupied. Photo: Reuters

Commercial property developers Soho China and Franshion Properties (China) posted robust half-year results yesterday, but their major office markets in Beijing and Shanghai are expected to soften as the mainland's economic growth slows further.

21 Aug 2013 - 3:51am

Soho China buys back own shares, Galaxy Entertainment boss sells

The interior of the Galaxy Resort casino. Galaxy Entertainment's Joseph Chee made his first on-market trade since October. Photo: EPA

Directors of Hong Kong companies increased their purchases of their firms' shares last week, according to filings lodged with the stock exchange. Selling by such insiders fell.

24 Jun 2013 - 4:59am

China tycoon Zhang Xin in deal for New York's GM Building

The General Motors tower in New York is valued at US$3.4 billion. Photo: Reuters

The deal makes the two million square-foot building – a 50-story tower overlooking New York’s Central Park and featuring Apple’s flagship Fifth Avenue store – the most expensive US office building.

29 Aug 2013 - 4:13am

Beijing luxury hotel rivals Australia for 'world's best job' post

The 'Suitcase House', one of the featured villas at Commune by the Great Wall and designed by Hong Kong architect Gary Chang. Photo: SCMP

31 May 2013 - 8:53am 2 comments

Soho China, Swire draw buyers in holiday week

Zhang Zhiyong

Buying and selling of their own company shares by directors were down for the holiday-shortened week of April 29 to May 3.

Buyers outweighed sellers, with 23 companies reporting 75 purchases worth HK$45.7 million, compared with 11 companies reporting 47 disposals worth HK$34.4 million.

6 May 2013 - 3:34am

Soho China sets record for Shanghai site value

Pan Shiyi. Photo: Nora Tam

Soho China won a commercial site in Shanghai for 3.19 billion yuan (HK$4.01 billion) yesterday. The deal puts the accommodation value of the site, in the Gubei area of Hongqiao district, at 31,000 yuan per square metre, more than double the previous record in the district.

26 Apr 2013 - 4:13am

Fosun wins court fight over sale of stake in Bund 8-11

Guo Guangchang, chairman of Fosun International. Fosun has won a court order on the mainland forcing the developer Soho China to return to the vendors the 50 per cent stake it bought in a project in Shanghai. Photo: Bloomberg

Fosun International has won a court order on the mainland forcing the developer Soho China to return to the vendors the 50 per cent stake it bought in a project in Shanghai.

25 Apr 2013 - 6:15am

Soho China banks big increase in net profit

Soho China banks big increase in net profit

Shares of mainland commercial property developer Soho China jumped nearly 7 per cent yesterday after it reported a 172 per cent rise in net profit, thanks to a big increase in floor area sold during the period.

7 Mar 2013 - 6:12am

Soho China hit by Gong money laundering scandal

Zhang Xin, chief executive officer of Soho China Ltd. Photo: Bloomberg

Shares in mainland developer Soho China have fallen by 11 per cent after media reports that most of the 41 properties bought for one billion yuan (HK$1.23 billion) by former Shanxi banking official Gong Aiai were sold to her by Soho.

Before the reports on Wednesday, Soho shares traded as high as HK$7.05 on Monday.

9 Feb 2013 - 5:06am

Soho China CEO denies money laundering accusations

 Soho China chairman Pan Shiyi and chief executive Zhang Xin. Photo: Dickson Lee

Zhang Xin, chief executive of Soho China (0410.HK), the largest commercial developer in Beijing, said on her blog she loathed corr

8 Feb 2013 - 12:03pm 3 comments

Weibo is key to combating mainland corruption

Say no to cigarettes.

Pan Shiyi, chairman and co-founder of the property company Soho China, is one of the mainland's liveliest businessmen and an obsessive weibo user. Yesterday he regaled a humdrum Asian Financial Forum with his views on the best way to combat corruption on the mainland.

15 Jan 2013 - 4:16am

Investors demand probe into tycoon's blogs

Pan Shiyi's blog has more than 13 million followers. Photo: Nora Tam

Property tycoon and star blogger Pan Shiyi is under fire from investors, who complain he has been posting price-sensitive information about other companies on his weibo account and are calling on the authorities to open an investigation.

3 Jan 2013 - 4:36am

Tycoon angers netizens by posting sensitive information on Weibo

Pan Shiyi revealed the information of a listed company in one of his December Weibo posts.

China’s commentators need to be more careful about what they say – especially when discussing listed companies.

This is a lesson real estate tycoon Pan Shiyi has learned.

2 Jan 2013 - 2:55pm

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