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Yuke Xie
Beijing
Yuke obtained her BA and MA in Film and Media Studies from Columbia University in 2019 and 2021. She joined the Post as a business reporter in 2023, following stints at various media outlets including Mergermarket and Süddeutsche Zeitung.
Hong Kong developer says it is on the hunt for retail investments in Shenzhen amid the ‘onshoring’ of consumption, CEO says.
Company plans to set up offices in Greater China, the Americas, Asia-Pacific and Europe, brings in former executive to oversee some markets.
Mall vacancy rates in Beijing stood at 10.6 per cent last year and 9.5 per cent in Shanghai, according to Cushman & Wakefield.
Any delisting move may benefit the stock exchange and deal bankers in Hong Kong, CreditSights says.
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Country Garden gets approval for restructuring eight bonds, making progress in its debt-management plan.
China Overseas Land & Investment’s profit sank 40 per cent to 15.6 billion yuan, while Country Garden trimmed its loss to 32.8 billion yuan.
More than 60 per cent of the 4,110 new homes in China priced above 30 million yuan were sold in Shanghai last year, according to CRIC data.
While China could argue the sale harms competition or national security, another approach would be to negotiate existing rights for Chinese vessels, legal experts say.
The US firm is selling its last major asset in the city, Trinity Place, for 900 million yuan (US$124 million), according to sources.
More exemptions for funds and enhanced concessions for family offices to make city appealing for wealthy investors to manage their fortunes.
The Beijing-based firm sold 800 million new shares at HK$53.25 each, a 6.6 per cent discount to the closing price on Monday.
Analysts warn that targeted measures are needed to revive the industry, as companies like Nayuki and Xiabu Xiabu report losses and closures.
Earnings at Cathay Pacific stabilised while the group switched its focus in the beverage business to Thailand and Laos from the US market.
Cumulative net selling from 2021 to 2024 amounted to US$11.2 billion, surpassing net buying in 2019 to 2020.
Beijing’s directives make sense as a greater portion of future housing demand will come from owners looking to upgrade, Fitch Ratings says.
Centa-City Rental Index, compiled by Centaline Property, rose 0.46 per cent month on month in February.
Rents in upmarket districts of Beijing and Shanghai slumped by as much as 17 per cent year on year in February, Beike says.
Store closures are also hurting mall owners and undermining projections for an end to the multi-year property market slump.
Company receives approval for Nasdaq or NYSE listing after Beijing’s pledge to help more mainland companies raise funds.
Downgrade comes as developers continue to struggle with lacklustre buyer sentiment despite recent support measures.
Investors fret over the impact of US tariffs on China’s economy and markets, with analysts predicting a potential GDP slowdown.
Consumer stocks have gained 23 per cent this year, according to one Hang Seng yardstick, as DeepSeek helped with a broader market re-rating.
The company’s ‘comprehensive end-to-end supply chain’ helps it sell bubble tea, ice cream at ultralow prices.
Planned locations include Tokyo, London, Hong Kong and possibly Dubai, following New York launch.
DeepSeek and Unitree Robotics are expanding, drawing tech talent and aiding demand for homes and offices in their base city.
Fourth-quarter income surged 69 per cent from a year earlier; firm plans US$400 million stock buy-back in 2025.
The office vacancy rate in Beijing climbed to 21 per cent in the fourth quarter of last year, from 17.9 per cent in the fourth quarter of 2020.
AIIB issuance attracts investors domestically and across Asia-Pacific, with final order book reaching HK$9 billion and more than 25 orders.
Lower labour costs as a result of AI could boost profits of brokerages by 8 per cent and insurance firms by 13 per cent, analyst Craig Cao says.
