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Evergrande plan lifts property hopes

Debt-laden property developer China Evergrande Group has announced plans for restructuring around $20 billion in offshore debt, an important move for the group to resume normal operations and that also could be seen as a model for other struggling developers, industry experts said.
Li Yujia Yan Yuejin Development Institution Guangdong Planning Institute Evergrande New Energy Vehicle Group Evergrande Property Services Group

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China's property sector draws closer to exit from slump

BEIJING - China's embattled property sector made new progress in its climb out of a months-long slump as official data on Wednesday (March 15) showed much narrower declines in home sales, developer investment and construction starts in January to February. Home sales by floor area fell 3.6 per cent in the first two months of 2023 from a year earlier,...
Hong Kong Zhixin Ma Yan Yuejin Ma Hong At Zhixin Investment Research Institute National Bureau Of Statistics China Research

SiYi Intelligence Raises Nearly $15 Million in Series A Financing

SHANGHAI, March 6, 2023 /PRNewswire/ -- SiYi Intelligence, an intelligent rehabilitation solution provider, completed nearly 15 million US dollars in Series A financing. This round was led by Chengdu Bio-town Equity Investment Fund with participation from existing investor Tao Capital. The company plans to use the funding to accelerate the R&D of integration solutions for neurorehabilitation and build the...
United Kingdom Japan General Dafeng Zhang Manus Brescia Rehabilitation Center Chengdu Equity Investment Fund Tohoku University

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