Sunac China Holdings Ltd. (01918.HK) is seeking more acquisition opportunities in second-tier cities with its cash pile of 16.79 billion yuan (US$2.61 billion), chairman Sun Hongbin said. But in view ...More
EJ Insight2015-08-26
China is lending a helping hand to property developers struggling against slumping sales and tighter credit in the housing market. Evergrande Real Estate Group has received credit lines worth 100 bill ...More
EJ Insight2015-03-30
Sunac China Holdings Ltd. (01918.HK), which has proposed to acquire cash-strapped Kaisa Group Holdings Ltd. (01638.HK), is urging overseas creditors to reach consensus on a debt restructuring plan, th ...More
EJ Insight2015-03-25
Greentown China Holdings Ltd. (03900.HK) is selling a 24.29 percent stake to China Communications Construction Group (CCC Group) for HK$6.01 billion (US$773.4 million). The sale comes after the mainla ...More
EJ Insight2014-12-24
If Greentown China (03900.HK) founder Song Weiping is a pioneer in the country's luxury housing market, then Sunac China (01918.HK) chief Sun Hongbin, who will succeed him as Greentown boss following ...More
EJ Insight2014-09-15
When Greentown China founder Song Weiping sold his shares to Sunac (01918.HK) last month, the deal resurrected questions about the former's relationship with Hong Kong conglomerate Wharf Holdings (000 ...More
EJ Insight2014-06-23
Property veteran Song Weiping is known for not folding even in the toughest of times. So now, with things seemingly more or less back on track, why has he chosen to bow out? Over the past few years as ...More
EJ Insight2014-05-26
The chairman of Greentown China Holdings Ltd. (03900.HK) has no gambling debts and has never traveled to the United States in the past two years due to health issues, Hong Kong Commercial Daily report ...More
EJ Insight2014-05-19
What a stark difference a deal can show. One party is moving into top gear with a proposed morale-boosting landmark acquisition while the other is making a dismal yet surprising pullback. The deal in ...More
EJ Insight2014-05-16
First it was e-commerce. Then it was online finance. Now Jack Ma, chairman of Alibaba Group Holdings, could be adding football and medical care to his portfolio, Apple Daily reported Friday. Feng Zhen ...More
EJ Insight2014-05-16
Sunac China Holdings Ltd. (01918.HK), a mainland property developer founded by chairman Sun Hongbin, plans to acquire up to 30 percent of Greentown China Holdings Ltd. (03900.HK), the Hong Kong Econom ...More
EJ Insight2014-05-16
Home prices in second-tier Chinese cities could fall another 25 percent while prices in other cities could see declines in the 10-20 percent range following sluggish sales and financial woes at some d ...More
EJ Insight2014-05-08
Mainland real estate developers surged Wednesday amid reports that it may take two years before the proposed property tax could be launched because of the long legislative process involved. Hong Kong ...More
EJ Insight2014-01-22
Picture this: Big cities heaving with people, nothing to build on. That is apparently the future for urban centers with five million people or more, according to reports attributed to Land and Resourc ...More
EJ Insight2014-01-14
Shenzhen Ping'an Innovation Capital Investment Co. Ltd. and four other local firms have been selected to become shareholders of Greentown China Holdings Ltd. (03900.HK), China Business News reported T ...More
EJ Insight2013-12-20
Wharf (Holdings) Ltd. (00004.HK) has won a site in Hangzhou for 2.58 billion yuan (US$424.22 million), a 69.82 percent premium, National Business Daily reported Friday. It will develop the site into r ...More
EJ Insight2013-12-20
China may roll out new measures to curb property prices as housing demand remains high, fueling record sales at major property developers in October, the National Business Daily reported Wednesday. Ev ...More
EJ Insight2013-11-06
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Wednesday, Oct. 2: TOP STORIES Analysts see Hong Kong stock markets less p ...More
EJ Insight2013-10-02
