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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).

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 core profit drops 60p to 1.78b yuan

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.

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