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Shanghai
Deals, joint ventures & alliances
Ascendas-Singbridge partners Mitsui to own & operate two office buildings in Shanghai
SINGAPORE (Feb 14): Ascendas-Singbridge Group and Mitsui Co have signed an agreement to jointly own and operate two office buildings in Shanghai, Ascendas Innovation Place (AIP) and Ascendas Plaza (AP), through a 55:45 partnership.
February 14, 2019
Property
CapitaLand in JV to acquire 70% of Pufa Tower in Shanghai CBD for $546 mil
SINGAPORE (Jan 7): CapitaLand has formed a 50:50 joint venture with an unrelated third party to acquire 70% of Pufa Tower in Shanghai, China, for RMB2,752 million ($546.3 million).
January 07, 2019
Property
Property markets from Hong Kong to Sydney join global downturn
(Jan 7): Asia is finally succumbing to the global property slowdown that’s jolted homeowners and investors from Vancouver to London, with markets in Singapore, Hong Kong and Australia showing fresh signs of softening.
January 07, 2019
Update
Raffles Medical announces opening of Chongqing hospital
SINGAPORE (Jan 2): Raffles Medical Group (RMG) says its 700-bed hospital in Chongqing is now open, with a second hospital to open in Shanghai, Pudong Qintan, this year.
January 02, 2019
Contracts
OUE Lippo Healthcare JV to manage 3 hospitals in major Chinese cities
SINGAPORE (Dec 31): OUE Lippo Healthcare will manage three medical facilities in Shanghai, Chongqing and Nanjing through to a joint-venture agreement.
December 31, 2018
SK Jewellery launches second Love & Co. store in China
SINGAPORE (May 21): SK Jewellery Group, formerly known as Soo Kee Group, today announced the opening of its flagship Love & Co. store in Shanghai, China, at Hong Kong Plaza shopping mall.
May 21, 2018
Broker's Calls
Is it too early to go into Raffles Medical?
SINGAPORE (May 2): RHB is downgrading its call on Raffles Medical Group (RMG) to “sell” from “neutral” with an unchanged $1.02 target price.
May 02, 2018
OCBC signs second cross-border financing partnership agreement with Bank of Shanghai
Main image, left to right: OCBC Bank’s Group CEO Samuel Tsien, Bank of Shanghai Chairman Jin Yu and CEO of Banco Santander Asia Pacific, Antony Hung
April 02, 2018
Katrina opens maiden So Pho outlet in Shanghai with Ajisen Group
SINGAPORE (Jan 18): Katrina Group, the F&B group specialising in multi-cuisine concepts and restaurant operations, has opened its So Pho restaurant in Shanghai, China, under its joint venture (JV) company named So Pho International with Big Benefit Group.
January 18, 2018
Cityneon's Transformers exhibition opens in Chongqing
SINGAPORE (Jan 11): Cityneon has launched its Transformers Autobots Alliance Exhibition in Chongqing, China.
January 11, 2018