Zheng Yangpeng

Beijing

Zheng Yangpeng

Reporter, Business

Zheng Yangpeng is a business reporter at the Post, covering China property, banking and finance. He previously worked for China Daily, joining the Post in 2016. He holds a Bachelor's Degree in Journalism and Communication from Peking University, and a Master's Degree in Global Business Journalism from Tsinghua University.

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Latest from Zheng Yangpeng

China’s Politburo for the first time decides against relaxing property curbs to stimulate slowing economy

The government shifts away from its decades old playbook of using the property sector to prop up growth.

31 Jul 2019 - 10:40PM

The government shifts away from its decades old playbook of using the property sector to prop up growth.

China’s Politburo for the first time decides against relaxing property curbs to stimulate slowing economy
China’s top property developers to get bigger amid tightened funding, with mid and small firms forced to sell assets to survive

The latest tightening in funding might drive a fresh round of consolidation among mainland Chinese property developers, with an acceleration in acquisition of land and assets by the biggest players, analysts said.

30 Jul 2019 - 8:05PM

The latest tightening in funding might drive a fresh round of consolidation among mainland Chinese property developers, with an acceleration in acquisition of land and assets by the biggest players, analysts said.

China’s top property developers to get bigger amid tightened funding, with mid and small firms forced to sell assets to survive
Suzhou tightens property curbs for the fourth time in 2019 as overheating home market has defied policies to cool prices

The bout of restrictions comes ahead of a meeting - typically at the end of July - by the Communist Party’s all-powerful political bureau, or Politburo, which is expected to set the tone for the country’s property industry.

25 Jul 2019 - 10:11PM

The bout of restrictions comes ahead of a meeting - typically at the end of July - by the Communist Party’s all-powerful political bureau, or Politburo, which is expected to set the tone for the country’s property industry.

Suzhou tightens property curbs for the fourth time in 2019 as overheating home market has defied policies to cool prices
Sino-Ocean to launch a new fund targeting mainland logistics, warehousing

China has a shortage of high-quality warehousing facilities, especially in areas surrounding first-tier cities, according to Sino-Ocean.

24 Jul 2019 - 10:41AM

China has a shortage of high-quality warehousing facilities, especially in areas surrounding first-tier cities, according to Sino-Ocean.

Sino-Ocean to launch a new fund targeting mainland logistics, warehousing
Chinese builder Future Land puts 40 projects up for sale after former chair Wang Zhenhua charged with child sex abuse

The Chinese developer was engulfed in scandal three weeks ago when its billionaire chairman Wang Zhenhua was detained on suspicion of molesting a nine-year-old girl

23 Jul 2019 - 7:08PM

The Chinese developer was engulfed in scandal three weeks ago when its billionaire chairman Wang Zhenhua was detained on suspicion of molesting a nine-year-old girl

Chinese builder Future Land puts 40 projects up for sale after former chair Wang Zhenhua charged with child sex abuse
In a first, China has more companies on Fortune Global 500 list than the US

In a first, more Chinese companies have made it to Fortune magazine’s list of the world’s top 500 firms this year, than from the US. A total of 129 companies, including 10 from Taiwan, were ranked among the world’s biggest firms by operating revenue, according to a list released on Monday.

22 Jul 2019 - 10:34PM

In a first, more Chinese companies have made it to Fortune magazine’s list of the world’s top 500 firms this year, than from the US. A total of 129 companies, including 10 from Taiwan, were ranked among the world’s biggest firms by operating revenue, according to a list released on Monday.

In a first, China has more companies on Fortune Global 500 list than the US
Chinese investment in US homes contracts by the most in nearly 10 years as trade war, capital controls bite

Chinese buyers spent US$13.4 billion on buying US homes in the year to March, according to a study by the US National Association of Realtors.

18 Jul 2019 - 11:07PM

Chinese buyers spent US$13.4 billion on buying US homes in the year to March, according to a study by the US National Association of Realtors.

Chinese investment in US homes contracts by the most in nearly 10 years as trade war, capital controls bite
High-profile defaults highlight risk in China’s shadow-banking sector amid asset deterioration

Moody’s estimates that more than 280 billion yuan of trust assets, 1.26 per cent of the sector’s total, faced ‘default and repayment risks as of March

17 Jul 2019 - 7:15AM

Moody’s estimates that more than 280 billion yuan of trust assets, 1.26 per cent of the sector’s total, faced ‘default and repayment risks as of March

High-profile defaults highlight risk in China’s shadow-banking sector amid asset deterioration
Expat demand for Beijing’s luxury serviced apartments falls as foreign firms scale back their Chinese operations

Many foreign firms have moved their production facilities out of China because of cost concerns, a trend exacerbated by the trade war.

9 Jul 2019 - 6:55PM

Many foreign firms have moved their production facilities out of China because of cost concerns, a trend exacerbated by the trade war.

Expat demand for Beijing’s luxury serviced apartments falls as foreign firms scale back their Chinese operations
‘Key man risk’ is still rife in Chinese companies, as shown by the US$4.2 billion wipeout in value of Future Land after founder’s arrest in Shanghai

Latest scandal involving Wang Zhenhua, the controlling shareholder of Future Land, shows how investors end up paying a heavy price for the mistakes of executives synonymous with their companies.

5 Jul 2019 - 10:53PM

Latest scandal involving Wang Zhenhua, the controlling shareholder of Future Land, shows how investors end up paying a heavy price for the mistakes of executives synonymous with their companies.

‘Key man risk’ is still rife in Chinese companies, as shown by the US$4.2 billion wipeout in value of Future Land after founder’s arrest in Shanghai
Future Land’s shares make their biggest one-day plunge since 2012 Hong Kong IPO, wiping out US$1.9 billion after founder’s arrest

Under Wang, Seazen became one of China’s most aggressive developers, with 20,000 employees as of March 31, and 366.6 billion yuan in assets.

3 Jul 2019 - 7:21PM

Under Wang, Seazen became one of China’s most aggressive developers, with 20,000 employees as of March 31, and 366.6 billion yuan in assets.

Future Land’s shares make their biggest one-day plunge since 2012 Hong Kong IPO, wiping out US$1.9 billion after founder’s arrest
Chinese builders face a tough choice: sacrifice profit now to generate cash or wait for better times

Increasingly, developers face hard trade-off: to sell homes cheaply now or to wait for an easing of price controls and credit lines

2 Jul 2019 - 7:47PM

Increasingly, developers face hard trade-off: to sell homes cheaply now or to wait for an easing of price controls and credit lines

Chinese builders face a tough choice: sacrifice profit now to generate cash or wait for better times
Sales at China’s top 100 developers slow down in the first half as property curbs bite

Contracted sales at these 100 mainland companies rose 4 per cent to 3.9 trillion yuan (US$570 billion) year on year in the first six months.

1 Jul 2019 - 10:11PM

Contracted sales at these 100 mainland companies rose 4 per cent to 3.9 trillion yuan (US$570 billion) year on year in the first six months.

Sales at China’s top 100 developers slow down in the first half as property curbs bite
Soho China, struggling with flagging profits and stock price, put up US$1.13 billion office assets for sale

Analysts said the renewed emphasis on development sites is an implicit nod to its previous unsuccessful landlord strategy.

29 Jun 2019 - 5:23AM

Analysts said the renewed emphasis on development sites is an implicit nod to its previous unsuccessful landlord strategy.

Soho China, struggling with flagging profits and stock price, put up US$1.13 billion office assets for sale
Wanda, University of Pittsburgh Medical Centre formalise deal for US$870 million hospital in Chengdu

Chinese conglomerate Dalian Wanda Group said on Wednesday it had formally signed an operational agreement to develop a high-end hospital in partnership with the University of Pittsburgh Medical Centre in Chengdu.

27 Jun 2019 - 11:33AM

Chinese conglomerate Dalian Wanda Group said on Wednesday it had formally signed an operational agreement to develop a high-end hospital in partnership with the University of Pittsburgh Medical Centre in Chengdu.

Wanda, University of Pittsburgh Medical Centre formalise deal for US$870 million hospital in Chengdu
Why rents in China’s top cities are unlikely to see that midyear rise

As local governments in cities such as Beijing, Shenzhen and Chengdu crack down on price increases by rental apartment operators, prices have stayed in check this summer.

26 Jun 2019 - 8:59AM

As local governments in cities such as Beijing, Shenzhen and Chengdu crack down on price increases by rental apartment operators, prices have stayed in check this summer.

Why rents in China’s top cities are unlikely to see that midyear rise
Shenzhen sells five plots at record prices in biggest land tender since 2001 as investors vie for foothold in Greater Bay Area’s tech hub

Five residential sites with a combined 170,273 square metres (1.8 million sq ft) of land were sold for a combined 22.38 billion yuan, 45 per cent more than the government’s reserve.

24 Jun 2019 - 11:31PM

Five residential sites with a combined 170,273 square metres (1.8 million sq ft) of land were sold for a combined 22.38 billion yuan, 45 per cent more than the government’s reserve.

Shenzhen sells five plots at record prices in biggest land tender since 2001 as investors vie for foothold in Greater Bay Area’s tech hub
Hong Kong’s buyers turn up in droves to snap up discounted new homes as prospect of rate cuts trumps protests and trade war

Sun Hung Kai Properties and New World Development together sold nearly 88 per cent of the 258 flats on offer in two districts across Hong Kong, a robust sales result that reversed nearly three weeks of drubbing in the city’s real estate industry.

23 Jun 2019 - 12:04PM

Sun Hung Kai Properties and New World Development together sold nearly 88 per cent of the 258 flats on offer in two districts across Hong Kong, a robust sales result that reversed nearly three weeks of drubbing in the city’s real estate industry.

Hong Kong’s buyers turn up in droves to snap up discounted new homes as prospect of rate cuts trumps protests and trade war
Soy milk, toothbrushes and hair conditioner are biggest winners as more Chinese consumers opt for premium brands, says study

Milk made from soybeans saw annual sales grow by half on average between 2016 and 18, according to a report by consultancy Bain & Company

21 Jun 2019 - 1:17PM

Milk made from soybeans saw annual sales grow by half on average between 2016 and 18, according to a report by consultancy Bain & Company

Soy milk, toothbrushes and hair conditioner are biggest winners as more Chinese consumers opt for premium brands, says study
Xian, the city with the fastest rising home prices in China, imposes property buying curbs on immigrants

Some 800,000 people, out of the 1.15 million who were eligible to buy property in Xian under the previously relaxed rules, will now have to wait a bit longer after new policies were introduced to cool runaway housing prices.

20 Jun 2019 - 10:28PM

Some 800,000 people, out of the 1.15 million who were eligible to buy property in Xian under the previously relaxed rules, will now have to wait a bit longer after new policies were introduced to cool runaway housing prices.

Xian, the city with the fastest rising home prices in China, imposes property buying curbs on immigrants
What’s in a name? It’s a big deal for China’s hoteliers and real estate developers, if the brand is too ‘big, foreign or weird’
CK Asset sells 44 per cent of flats during weekend sale at Shanghai residential project as location, price controls draw buyers

The project known as Upper West Shanghai sold 484 out of the 1,108 units on offer during three-day weekend sale

19 Jun 2019 - 8:36AM

The project known as Upper West Shanghai sold 484 out of the 1,108 units on offer during three-day weekend sale

CK Asset sells 44 per cent of flats during weekend sale at Shanghai residential project as location, price controls draw buyers
China’s new home prices rise 0.71 per cent in May, accelerating at the fastest pace in six months

Monthly data shows nationwide new home prices gaining at the fastest pace since November

18 Jun 2019 - 10:50PM

Monthly data shows nationwide new home prices gaining at the fastest pace since November

China’s new home prices rise 0.71 per cent in May, accelerating at the fastest pace in six months
China takes top spot for private equity property investment in Asia in Q1, while Hong Kong finds itself in dogfight with India

The office segment remained the most popular sector in China, while in Hong Kong funds mainly targeted office buildings in prime districts or prime emerging central business districts, or community-level shopping centre portfolios.

17 Jun 2019 - 7:05AM

The office segment remained the most popular sector in China, while in Hong Kong funds mainly targeted office buildings in prime districts or prime emerging central business districts, or community-level shopping centre portfolios.

China takes top spot for private equity property investment in Asia in Q1, while Hong Kong finds itself in dogfight with India
Trade war effects leave China less room to tighten property curbs, say analysts

China’s real estate sector has been rife with rumours the government will further rein in the booming market, but some analysts say this is unlikely

14 Jun 2019 - 11:02PM

China’s real estate sector has been rife with rumours the government will further rein in the booming market, but some analysts say this is unlikely

Trade war effects leave China less  room to tighten property curbs, say analysts
Can the ‘world’s factory’, Dongguan, tame its runaway land prices by changing auction rules?

Land prices in the manufacturing hub have soared as builders have used increasingly aggressive bidding tactics to get a foothold in the Greater Bay Area

12 Jun 2019 - 8:27AM

Land prices in the manufacturing hub have soared as builders have used increasingly aggressive bidding tactics to get a foothold in the Greater Bay Area

Can the ‘world’s factory’, Dongguan, tame its runaway land prices by changing auction rules?
Hangzhou: the Chinese city using land sales as a cash machine to pay for the 2022 Asian Games

The provincial capital city sold 295 parcels in the five months through May, raising 113.5 billion yuan.

6 Jun 2019 - 8:28PM

The provincial capital city sold 295 parcels in the five months through May, raising 113.5 billion yuan.

Hangzhou: the Chinese city using land sales as a cash machine to pay for the 2022 Asian Games
Ratings agency S&P warns of risks from aggressive land banking by Chinese developers

Mainland developers have been building up their land banks in line with the revival in the property market

6 Jun 2019 - 4:50PM

Mainland developers have been building up their land banks in line with the revival in the property market

Ratings agency S&P warns of risks from aggressive land banking by Chinese developers
China’s antitrust regulator fines Ford’s Changan venture US$23.6 million for price violations amid worsening trade tensions with US

Changan Ford’s penalty is the second since General Motors was penalised 201 million yuan in 2016 for antitrust violations

10 Jul 2019 - 3:14PM

Changan Ford’s penalty is the second since General Motors was penalised 201 million yuan in 2016 for antitrust violations

China’s antitrust regulator fines Ford’s Changan venture US$23.6 million for price violations amid worsening trade tensions with US
Cambodian property proves popular with Chinese buyers as mainland investment drives economic growth

Demand for housing pushes rental yield in Cambodia’s capital Phnom Penh to 8 to 10 per cent.

5 Jun 2019 - 10:36AM

Demand for housing pushes rental yield in Cambodia’s capital Phnom Penh to 8 to 10 per cent.

Cambodian property proves popular with Chinese buyers as mainland investment drives economic growth