"No price limit" has sparked intense competition: in Peking, the two plots have attracted over 400 rounds of bidding, totaling nearly 18.2 billion.

At the beginning of 2025, the Peking land auction market welcomed a strong start, with two plots sold for nearly 18.2 billion yuan at a High Stock Price. Due to the absence of price limits on these two plots, developers fiercely competed, with a total of over 400 bidding rounds for the two plots.

cls.cnJan 2 08:11 ET

Property management companies are also going to do GP now.

Demonstrate Asset Management capabilities.

wallstreetcnDec 23, 2024 04:18 ET

The real estate tycoon has made a strong statement.

In the era of digital mining, every resource is valuable.

wallstreetcnDec 23, 2024 03:29 ET

cg services realized early, transferring 3.142 billion yuan to transfer 1.49% equity of Wanda Commercial Management.

①Country Garden Properties Hong Kong has agreed to sell, while Wanda Group has agreed to acquire shares in Zhuhai Wanda at a price of 3.142 billion yuan. The sale of shares this time accounts for approximately 1.49% of the target company's total share capital; ② "The early realization of the sale has enabled Wanda Group to fulfill its obligation to repurchase target shares under Supplemental Agreement (2), providing an appropriate opportunity for Country Garden Services to realize investment returns."

cls.cnSep 25, 2024 03:46 ET

The house owned by Xu Jiayin in Tsim Sha Tsui, Hong Kong, will be auctioned.

①Heshenghengju, a subsidiary of Citic Group, filed a lawsuit to request property tycoon Xu Jiaying to hand over a house in Tsim Sha Tsui, Hong Kong, to sell the property to repay part of the debt. The judge recently approved the auction of the property to repay the debt; ②At the time when Xu Jiaying's house in Hong Kong is to be auctioned off, the liquidator of Evergrande has submitted a liquidation petition for a subsidiary company of Evergrande.

cls.cnSep 18, 2024 01:05 ET

sunac services recorded a provision for impairment of 0.73 billion in the first half of this year, and related party income decreased to 3%.

In the first half of 2024, Sunac Services achieved a revenue of 3.484 billion yuan. Among them, the revenue from related parties was 0.094 billion yuan, accounting for only 3% of the total revenue. As a precautionary measure, Sunac Services further provisioned impairment allowances for related party trade and other receivables.

cls.cnAug 27, 2024 05:36 ET