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
Fosun International Ltd. (00656.HK) has bought New York landmark One Chase Manhattan Plaza for US$725 million, it said in a regulatory filing Friday. The purchase was made by a subsidiary from JP Morg ...More
EJ Insight2013-10-18
I wrote recently about how smart TV could be poised for a sudden explosion in China due to a combination of factors. Now we're seeing one of the biggest obstacles that smart TVs could face: copyright ...More
EJ Insight2013-10-17
Wanda Group, China’s commercial realty colossus, turned the first sod of a 50 billion yuan (HK$8.17 billion) cultural and tourism complex with much fanfare last month, defying doubts about the company ...More
EJ Insight2013-10-15
Within days of each other, Sun Hung Kai Properties Ltd. (SHKP) (00016.HK) and Sunac China Holdings Ltd. (01918.HK) paid record auction prices last month for sites in Shanghai and Beijing, respectively ...More
EJ Insight2013-10-08