China s property firms rally after Beijing pledges economic support | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
China Real Estate: Hong Kong s Hang Seng Mainland Properties Index jumped 14%, while the CSI 300 Real Estate benchmark gained 8% with the latest rally putting the country s real estate sector indexes on track for their first monthly gain after four months of hefty losses.
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Dalian Wanda Group, China's largest commercial property developer, has applied for a fourth time to list its management unit on the Hong Kong stock exchange. Zhuhai Wanda Commercial Management Group's latest application for an initial public offering (IPO) came on Wednesday night. Parent company Dalian Wanda owns 69.66 per cent of Zhuhai Wanda. The management unit's previous listing attempt - made in October 2022 - lapsed in April. Dalian Wanda, founded by Chinese tycoon Wang Jianlin, has submit
HONG KONG :Chinese commercial property developer Dalian Wanda Group's dollar bonds fell further on Monday, as investors remained concerned about prospects for its unit's Hong Kong listing and its impact on the group's liquidity. Wanda chairman Wang Jianlin, once China's richest man, told an internal meeting o