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17 Chinese firms meet PM, evince interest to invest in S’ville
27 Mar 2024 23:13 GMT
Prime Minister Hun Manet holding discussions with Chinese delegation led by Shen Mingrong, Chairman of Zhenjiang ZhoungChao New Material Co Ltd, in Phnom Penh, on Wednesday. MoI
A delegation of 17 Chinese industrial firms led by Shen Mingrong, Chairman of …
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The global tremors from China’s real estate crisis are only starting
11 Feb 2024 02:22 GMT
Now, a new batch of overseas assets acquired in a decade-long Chinese expansion spree are starting to hit the market as landlords and developers decide they want cash now to shore up domestic operations and pay off debts – even if that means taking a …
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PM Hun Manet Receives Leaders of 17 Chinese-invested Companies
27 Mar 2024 05:38 GMT
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Created: 27 March 2024
Hits: 36
Phnom Penh (FN), Mar. 27 – Cambodian Prime Minister Hun Manet received a courtesy call by President of Zhejiang Zhongchao New Material Co., Ltd., Shen Mingrong on Wednesday morning (Mar. 27) at the Peace Palace.
The …
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The Global Tremors From China’s Real Estate Crisis Are Only Just Starting
09 Feb 2024 06:50 GMT
(Bloomberg) -- Chinese investors and their creditors are putting up “For Sale” signs on real estate holdings across the globe as the need to raise cash amid a deepening property crisis at home trumps the risks of offloading into a falling market. The …
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R&F Properties turns to Hong Kong tycoon in distressed sale of London asset to trim part of US$42 billion in liabilities
07 Feb 2024 12:09 GMT
“In recent years, the group has expedited its plan to sell development and investment properties in both China and overseas,” R&F said in its exchange filing. Nonetheless, certain loans have become “increasingly difficult to repay”, justifying the need …
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Contrasting Guangzhou R&F Properties (OTCMKTS:GZUHY) and Harbor Custom Development (NASDAQ:HCDI)
09 Jan 2024 05:29 GMT
Harbor Custom Development (NASDAQ:HCDI – Get Free Report) and Guangzhou R&F Properties (OTCMKTS:GZUHY – Get Free Report) are both real estate companies, but which is the better investment? We will contrast the two businesses based on the strength of …
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Real estate deal collapses for vast ranch on pristine San Jose land
17 Jan 2024 15:45 GMT
SAN JOSE — An agreement for the purchase of a huge chunk of pristine land on a vast San Jose ranch has fallen through after the potential buyer and the China-based owner couldn’t seal a deal for the prime real estate.
China-based Z&L Properties and San …
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Chinese developer Sunshine 100 says it is assessing impact of liquidation order against controlling shareholder Joywise Holdings
22 Feb 2024 11:30 GMT
Embattled mainland Chinese property developer Sunshine 100 is evaluating the impact of a winding-up order for its controlling shareholder, whose beneficiaries include its chairman and executive director, according to a filing with the Hong Kong exchange.
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The killer whale trainers who still defend captivity
16 Apr 2024 11:12 GMT
Some people spend a long time deciding what they want to do in life. Hazel McBride feels lucky that she’s always known. As a child in Scotland, she watched a VHS tape of Free Willy on repeat. That was the first time she felt a connection with killer whales …
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Hong Kong builder Wang On cuts holding in China South City junk bonds as losses from bets on Chinese developers mount
09 Feb 2024 07:01 GMT
Hong Kong property developer Wang On Group has cut its holding in junk-rated dollar-denominated bonds issued by China South City Holdings, widening losses from its bets on the troubled mainland Chinese developer and its peers.
The firm sold US$8.4 million …