Yangtze River Delta

Worst yet to come, warns China Overseas Land

China Overseas Land and Investment yesterday warned the worst was yet to come for the property market as it defended its low-price strategy for the launch of a luxury residential project in Shanghai, saying it would not hurt its margins.

Thursday, 31 May, 2012, 12:00am

Developers keen to exploit tourist yuan

Mainland developers are turning to tourism-related commercial projects as safer bets than residential developments, which are bearing the brunt of government measures to curb demand and price growth in the sector.

30 May 2012 - 12:00am

Innovation goes on display at trade show

With 5,000 booths and an exhibition area of 125,000 square metres, the 11th China International Consumer Goods Fair (CICGF) will be one of China's largest foreign trade fairs and one of its four largest import and export events.

More than 50,000 products will be displayed to about 70,000 visitors, including 20,000 buyers from outside the country.

23 May 2012 - 12:00am

Ambitious plan of action

Ningbo has ambitious plans for economic growth. The second-largest city in Zhejiang province, after Hangzhou, aims to develop industries in new technology and work closely with Shanghai.

23 May 2012 - 12:00am

Future is shipshape

With three of the mainland's largest ports within 300km of each other, competition between the ports of Ningbo, Zhoushan and Shanghai has transformed the region into one of the world's largest areas for processing cargo.

23 May 2012 - 12:00am

Ratings agency pans infrastructure scheme

A mainland credit rating agency has warned that plans by the government of Jiangsu province to spend heavily on infrastructure to stimulate the economy are 'premature'.

21 May 2012 - 12:00am

Socam warns of loss, pins hopes on luxury flats

Property developer Socam Development has warned shareholders it might report a first-half loss, and said it would embark on an aggressive sales programme over the next several months to help offset a slump in revenues.

The company, which filed a profit warning statement with the stock exchange on Friday, said it had secured just 20 per cent of its targeted sales so far.

21 May 2012 - 12:00am

Springing a HK$24b surprise on city water users backfires

How best to deal with badly contaminated rivers? It's a question many local governments on the mainland are having to grapple with.

Hangzhou, the capital of Zhejiang province, has found a solution that not everyone agrees with: leave the river near the city as it is and get clean water from somewhere else.

19 May 2012 - 12:00am

Inside story

Best place to stay... For something intimate, check into Quintet (pictured middle), a bed-and-breakfast in a three-storey garden house built in 1939. It's in the French Concession.

4 May 2012 - 12:00am

Heritage champion weary in fight

At 78, Ruan Yisan has two overriding passions: researching the remaining historic buildings and towns scattered across China, and saving them from the bulldozers. And yet this champion of the mainland's magnificent architectural heritage, a professor of urban planning at Shanghai's Tongji University, laments that he can only point to a few examples of success.

29 Apr 2012 - 12:00am

Developers fail in Guangdong, Hangzhou

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.

20 Apr 2012 - 12:00am

Big-city home prices feel effect of curbs

Beijing's move to push property prices down is starting to show results, with the cost of a new home in major cities falling last month for the sixth consecutive month.

The central government began efforts to cool the red-hot property market two years ago amid concerns that home ownership was getting beyond the reach of average people.

19 Apr 2012 - 12:00am

Shanghai site to be sold for HK$2.6b

Highly indebted Greentown China and another mainland developer are to sell a prime development site in Shanghai to Soho China for 2.13 billion yuan (HK$2.6 billion) in the face of a credit crunch.

18 Apr 2012 - 12:00am


Regulations favour big players, Fitch says

18 Apr 2012 - 12:00am

Power cable maker in bid to raise up to HK$789m

Jiangnan, the third-largest supplier of electric wires and cables in the mainland by sales, plans to raise up to HK$789 million from an initial public offering in Hong Kong despite the recent dull market conditions.

10 Apr 2012 - 12:00am