Troubled Chinese property developer Kaisa Group Holdings said Monday its chief executive has resigned. Jin Zhigang has quit to devote more time for his "personal career development", but will remain a ...More
EJ Insight2015-02-02
Sunac China Holdings has agreed to buy some of the assets of troubled property developer Kaisa Group Holdings, in a deal worth about US$380 million. Sunac, a real-estate group based in Tainjin, will b ...More
EJ Insight2015-02-02
Chinese property developer Kaisa Group failed to convince Shenzhen officials to unblock sales of its projects during talks on Monday. Top executives of the troubled company held a meeting with Shenzhe ...More
EJ Insight2015-01-28
Chinese leaders are stepping up their efforts to unleash the growth momentum the private sector can provide. Premier Li Keqiang said at the World Economic Forum in Davos, Switzerland, last week that C ...More
EJ Insight2015-01-27
With the European Central Bank printing more money from mid-March, global funds are poised to exit Europe amid bearish sentiment on the euro. At the same time, the Chinese government faces a challenge ...More
EJ Insight2015-01-27
Sunac China Holdings Ltd. is looking into buying a stake in cash-strapped Kaisa Group Holdings Ltd. Kaisa is in talks with other parties and it is not clear if Tianjin-based Sunac is the frontrunner, ...More
EJ Insight2015-01-27
The number of Chinese companies filing for bankruptcy this year is expected to grow 5 percent to 2,760 after the apparent default of property developer Kaisa Group Holdings Ltd. (01638.HK), global tra ...More
EJ Insight2015-01-26
The Shenzhen government is holding talks with several property developers to orchestrate investments in troubled real estate firm Kaisa Group Holdings Ltd. (01638.HK), Bloomberg News reported, citing ...More
EJ Insight2015-01-23
Shenzhen-based property developer Kaisa Group Holdings appears to have missed interest payments due on US$500 million of offshore bonds on Thursday, the Wall Street Journal reported, citing sources. ...More
EJ Insight2015-01-09
Kaisa Group Holdings' (01638.HK) default on a loan from HSBC Holdings Plc (00005.HK) is unlikely to affect new issuances in the offshore renminbi bond market, according to a senior executive at UBS. D ...More
EJ Insight2015-01-08
Former president Jiang Zemin is not a target in China's ongoing anti-graft campaign even though some of his powerful allies have come under investigation. In fact, Wang Qishan, the Communist Party's t ...More
EJ Insight2014-07-31
Mainland property developer Kaisa Group Holdings Ltd. (01638.HK) has won a site in Shenzhen's Dapeng new area for 5.4 billion yuan (US$870.87 million) after 21 rounds of bidding, China Business News r ...More
EJ Insight2014-04-10
As many as five Hong Kong-listed firms have expressed interest in setting up private hospitals on the mainland, echoing the State Council's call for privately funded medical centers to make up 20 perc ...More
EJ Insight2014-03-25
Kaisa Group Holdings Ltd. (01638.HK) is believed to be acquiring Shenzhen Guanyang Real Estate Co. Ltd., an entity that is involved in a residential property project near the Qianhai Shenzhen-Hong Kon ...More
EJ Insight2014-03-06
Mainland property developer Kaisa Group Holdings Ltd. (01638.HK) said on Thursday that its net profit rose 65 percent last year to 2.78 billion yuan (US$456.96 million), Securities Times reported Frid ...More
EJ Insight2014-02-21
One of the major concerns in the property market before the Lunar New Year is the possible impact of tight credit on the sector. Mortgages are the first to suffer as Chinese lenders tighten lending an ...More
EJ Insight2014-01-13
Kaisa Group Holdings Ltd. (01638.HK) said it booked 2.1 billion yuan (US$342.42 million) in contracted sales during September, a year on year increase of 28 percent and up 16 percent from the previous ...More
EJ Insight2013-10-07
