Sarah ChenReal Estate
China Mandates Finished Home Sales as Developer Losses Mount
Country Garden and Sunac posted billions in half-year losses as Beijing accelerated housing sales reforms and extended mortgage terms to 40 years.
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Sunac
Every story tagged Sunac on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
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Sarah ChenReal Estate
More Warning Signs at Another Chinese Developer
Tianjin-headquartered Sunac is the latest major property developer to reportedly face troubles, with a letter to Chinese authorities asking for policy assistance. Sunac China Holdings Ltd. asked authorities in Shaoxing – a city in the eastern coastal province…
Sarah ChenReal Estate
China’s e-commerce giants to buy Dalian Wanda malls
Three Chinese e-commerce giants led by Tencent are buying into shopping centres as part of an alliance that will help fund property magnate Wang Jianlin’s HK$30 billion (US$3.8 billion) plan to take his Dalian Wanda Group private. Jianlin describes it as the…