Wolong Real Estate Group Co Ltd<600173> on Tuesday announced that it has received approval from the China Securities Regulatory Commission to issue up to 120 million new shares for RMB 800 million at most, sources reported.The proceeds from the issuance will be used to fund the second phase of...
NEW YORK, Nov 3 - Brazil, a future host of the World Cup and the Olympics, is drawing global investor interest to its real estate sector. As investors and analysts predict a wave of investment...
Shenzhen-based Excellence Real Estate Group Ltd will shelve its Hong Kong listing plan due to the weak investor demand, sources reported. The property developer said in a filing with the Hong Kong Stock Exchange that it would not proceed with the initial public offering in view of the current market conditions for...
Wuhan Langold Real Estate Co Ltd, a property developer based in Wuhan, Hubei Province, said in a statement today that it has won the approval from the China Securities Regulatory Commission to list in Shenzhen. The developer plans to raise RMB 590.4 million by offering not more than 48 million RMB-...
Buying real estate is about more than just finding a place to call home. Investing in real estate has become increasingly popular over the last fifty years and has become a common investment vehicle. Although the real estate market has plenty of opportunities for making big gains, buying and owning real estate is a lot more complicated than investing in stocks and bonds. In this article, we'll go beyond buying a home and introduce you to real estate as an investment.
Hong Kong business tycoon Li Ka-shing may spend as much as US$100 million to buy into Evergrande Real Estate, which is expected to raise up to HK$6.05 billion through an initial public offering on the Hong Kong Stock Exchange, a Chinese newspaper reported today.Reportedly, Evergrande Real Estate has...
* Shares up 18.3 pct at $14.20 on Nasdaq * Company raised $216 mln in IPO Thursday (Updates with closing stock price) NEW YORK, Oct 16 - China Real Estate Information Corp <CRIC.O> shares debuted...
* Shares at $14.25, up 18.75 pct on Nasdaq * Company raised $216 mln in IPO Thursday (Adds CEO comment, background) NEW YORK, Oct 16 - China Real Estate Information Corp shares were up as...
* Investors worry about commercial real estate risk * GE Real Estate quarterly loss widens from Q2 * GE calls real estate risks 'manageable' NEW YORK, Oct 16 - General Electric Co's $84 billion real...
By Zhao Qian The share price of China Real Estate Information Corp (CRIC) rose 18 percent from its initial public offering (IPO) Friday, spurred on by investors' confidence in China's market. The real estate database and Internet services firm's stock closed at $14.20 on its first day of trading,...