Topic
COLI is an investment holding and property investment group. It was incorporated in Hong Kong in 1979, a subsidiary of China State Construction Engineering Corporation, the largest construction conglomerate in China. In August 1992, COLI was listed on the Hong Kong Stock Exchange, and in 2007 became a constituent stock of the Hang Seng Index.
- The shares of Country Garden Holdings, Longfor Group Holdings, China Overseas Land & Investment (Coli) all soared by over 10 per cent in Hong Kong
- The Hang Seng Mainland Properties index by 4.7 per cent in its biggest one-day gain in four days
China General Chamber of Commerce in the US asked 111 Chinese companies about their revenue and their outlook, with 54 per cent reporting revenue growth.
Pakistan’s new coalition government is struggling to secure finance for the initiative promised by former PM Imran Khan; negotiations with IMF continue; Beijing has financed US$25 billion of infrastructure since 2015.
President Rodrigo Duterte approved new law allowing international players to set up and fully own small and medium-sized businesses; must hire at least 15 local workers and introduce advanced technology.
At least eight Chinese cities are making sure developers do not offer excessively cheap homes as authorities look to keep the housing market stable and prevent a collapse in prices.
The continuous flow of financial liquidity will boost Hong Kong’s property market, helping owner-occupiers afford new homes while spurring investors to park their capital in fixed assets that generate higher returns.
The sale result came amid a boom on the city’s housing market, the world’s costliest, as cheap money unleashed by global central banks prompts investors to seek investments that can preserve values.
Developers will be forced to rethink their land buying needs as the government sets auction frequency to three times a year under the new centralised scheme.
China Overseas Land & Investment reported net profits down 3.7 per cent to 20.5 billion yuan (US$2.97 billion) in the first half, as revenues increased 11 per cent, beating consensus estimates.
Manila and Beijing might be playing down differences in the South China Sea as ‘a little pebble in the road’, but they’ll have a tough time convincing the Filipino public.
Four major Chinese developers reported profit growth for 2019 on Thursday, but said they are braced for hard times as the deadly coronavirus squashes market demand
A withdrawal of US troops could pave the way for a return of Uygur militants and reignite violence in Xinjiang, but for Beijing to try filling American boots would have a downside of its own.
Valuers had slashed their estimates for the site, which offers unobstructed views of one of the world’s most iconic skylines across the Victoria Harbour from Kowloon, by between 15 per cent and 20 per cent, since Hong Kong’s descent into regular anti-government protests that began in early June.
Chinese companies will soon be able to bid for the 71km Subic-Clark Railway Project, under President Rodrigo Duterte’s “Build, build, build” infrastructure initiative.
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.
Whether they're new colonisers or a vital source of cash and technology, the jury is out on Beijing's investment in the region – but one thing is certain, the US will not relinquish its control without a fight
China Overseas Land & Investment, Guangzhou R&F and Agile Group Holdings’ revenues and profits fall short of analysts’ expectations
Kai Tak Area 4B Site 2 sold to a unit of China Overseas Land & Investment for HK$8.03 billion, or HK$13,523 per square foot
But given the current climate, analysts say developers’ interest to buy more land remains weak
An under-the-radar approach that avoids public criticism has helped smaller, private mainland investors succeed where the state behemoths have largely failed.
