Hangzhou

During the month, about 73.4% of the contracted pre-sales were contributed by Nanjing, Suzhou, Shanghai, Hangzhou and Nantong.

For the nine months ended Sept 30, the group’s pre-sales rose 66.7% y-o-y to approximately RMB53.19 billion.

SINGAPORE (Oct 24): RHB Research likes EC World REIT for its strategic market positioning and favourable logistics outlook, post a recent visit to the REIT’s assets in Hangzhou that mainly cater to the e-commerce, logistics and supply-chain segments.

SINGAPORE (Sept 17): Sapphire Corporation has secured a contract valued at RMB 436 million ($87.2 million) for the engineering and construction of core infrastructure structures for an urban subway system in Hangzhou, China.

SINGAPORE (July 9): Yanlord Land Group announced that its wholly-owned subsidiary, Hangzhou Renyuan Property Development, has acquired a prime residential development site in Hangzhou, China for about RMB 2.94 billion ($600.5 million).

SINGAPORE (Apr 16): Soochow CSSD Capital Markets is starting coverage of EC World REIT at “buy” with a price target of 88 cents on the belief that the trust is well-positioned to benefit from China’s growing e-commerce market, to which its currently

SINGAPORE (Jan 15): CWG International continues to build up its land bank in China.

HONG KONG (Nov 9): Jack Ma beat Jeff Bezos into grocery stores. Now China’s richest man is again showing his rival the way by targeting 6 million mom-and-pop shops, the biggest test yet of a vision to reinvent physical retail.

SINGAPORE (Nov 8): Direct-seller Best World International has announced a 36.4% rise in earnings of $12.2 million for the three months ended Sept, up from $8.9 million a year ago on lower expenses.

SINGAPORE (Oct 11): Chinese e-commerce giant Alibaba Group Holding will be opening a research lab in Singapore as part of its newly-launched global technology research program, Alibaba DAMO Academy.