Country Garden says founder, board chairperson at work, haven't left China
Founder Yeung Kwok Keung quit Country Garden's board in March and daughter Yang Huiyan became chairperson. Yeung remains a special adviser.
Source: indiatimes.com
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Hong Kong property: CIFI chairman Lin Zhong seeks US$212.7 million for 5 luxury homes in Stanley
CIFI chairman Lin Zhong and his brothers are asking HK$1.66 billion (US$212.7 million) for five houses in Stanley, 7.88 per cent less than the purchase price. Each 3-storey unit comes with a garden and swimming pool.
Source: scmp.com
Chinese real estate giant Evergrande rolls out restructuring plan
Evergrande's negotiations with bondholders which investors said often seemed close to faltering covered over USD 19 billion of bonds.
Source: aninews.in
Lower Interest Rates Unlikely to Stimulate China's Property Market: Expert
Amid a real estate developer debt crisis, China’s central bank consecutively lowered its Loan Prime Rate (LPR) in ...
Source: theepochtimes.com
Desperate Chinese Property Developer Willing to 'Swap Wheat for House'
HONG KONG—A desperate developer in China's softening property market is coming up with a novel promotion to attract ...
Source: theepochtimes.com