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CITIC Pacific sees glimmer of light after years of darkness

... uction in downtown Shanghai for 2.5 billion yuan (US$411 million). The deal is expected to bring in a profit about 330 million yuan. CITIC Pacific shares, meanwhile, already seem to be reflecting the ...More

EJ Insight2013-10-31

Fosun to catch a wave in the resort market

Buying a high-rise property in downtown Manhattan may have been a one-off shot by Chinese billionaire Guo Guangchang {郭廣昌} to snap up a bargain overseas in the battered sector, but he is for sure dead ...More

EJ Insight2013-10-24

Smog forces closure of schools, highways in Harbin, Xinhua says

... eters, in downtown Harbin, the capital of Heilongjiang province, it said. Meteorological authorities issued a red alert for the heavy smog in several cities in the province at 9 a.m. Monday, forecasti ...More

EJ Insight2013-10-21

How Wanda avoids whiplash from breakneck expansion

... omplex in downtown London. As a privately owned entity, it offers outsiders few clues to its financial health, but some analysts put its gearing ratio at up to 70 percent. Wanda’s hefty leverage and s ...More

EJ Insight2013-10-15

Relocation to unlock true value of Guangzhou Shipyard

... meters in downtown Guangzhou but the shipbuilder has long sought to move out of the city because of the outdated facilities and shallowness of that stretch of the Pearl River. The relocation plan has ...More

EJ Insight2013-10-03

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