Real Estate Archives - Page 2 of 2

ByteDance Affiliate Invests in Property Brokerage

On October 4th, 2021, according to Tianyancha App, Beijing Fuwang Property Brokerage Co., Ltd., had made a registration change with the Industrial and Commercial Administration.

Xiaomi’s Mi Home Business Scope Adds Real Estate Brokerage

Commercial inquiry platform Tianyancha shows that the business scope of Mi Home Commercial Co., Ltd has changed to include non-residential real estate leasing and real estate brokerage in its offerings.

Evergrande to Raise $1.5 Billion by Selling Bank Stake to State-Owned Asset Management Firm

Scrambling to avoid defaulting on its debts, cash-strapped China Evergrande Group on Wednesday announced it would sell off a 9.99 billion yuan ($1.5 billion) stake in Shengjing Bank.

Soho China’s Stock Tumbles 35% After Deal Falls Through, What Will Owner Shiyi Pan Do Now?

This recent drop in the stock price might be attributable to the situation of Soho China and the couple Pan Shiyi and Zhang Xin, the controllers of the company.

Chinese Housing Broker KE Holdings Denies Plan to List in Hong Kong

Reuters reported on Tuesday that Chinese housing broker KE Holdings is planning a Hong Kong stock market listing with an aim to raise $2 billion in funds. In an emailed response to Reuters, KE denied the plan.

Zhao Changlong Replaces Xu Jiayin as Chairman of China Evergrande’s Key Unit

Zhao Changlong will replace Xu Jiayin as chairman, and will also be general manager of Hengda Real Estate Group, a key unit under China Evergrande Group.

Behind the Evergrande Debt Debacle

Past weeks have seen an onslaught of headlines surrounding the ordeal now faced by China Evergrande Group, once the world’s leading real estate-owning company by total assets, as it grapples with a lack of funds to service its growing debt and deteriorating public confidence.

The Culprit Behind Chinese School District Property Fever

While the Chinese motto “education changes fate” may have lost its validity among the rural population, for Chinese urban middle class, quality education is still the best possible way to climb the social ladder.

Alibaba-backed Tmall Establishes Online Housing Platform with E-House

Tmall and real estate service provider E-House announced a strategic cooperation Wednesday, jointly launching an online housing platform called "Tmall Haofang.”

China’s Evergrande Unveils Six New Energy Vehicles, Ushers in Leap-forward Development in NEVs

Chinese real estate giant Evergrande Health Industry Group Limited (Evergrande Health) announced on August 3 the prototypes of six new energy vehicle (NEV) models under its Hengchi brand in Shanghai and Guangzhou at the same time, marking a substantial development of the company in the NEV field.

Pinduoduo Expands Mindshare for Value-Conscious Consumers with Push into Real Estate

Pinduoduo (PDD), a pioneer of interactive ecommerce in China, brought its signature team purchase and value-for-money approach to real estate

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