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Mar. 27, 2012, 3:11 PM
Mar. 20, 2012, 11:10 AMThe recent ouster of Chongqing Communist Party secretary Bo Xilai signals an upcoming decline in Chinese "state capitalism," proclaims Zhang Xin, CEO of Beijing property developer Soho China (SOHOF.PK). Remarks from premier Wen Jiabao about greater economic opening are also cited as a sign of a policy shift. But Wen has also talked about the need to limit growth. (previously) | Comment!
Mar. 14, 2012, 9:10 AMMore on last night's remarks from China Premier Wen: He warns of "chaos" in the market if property curbs are relaxed. The chairman of property developer Soho China (SOHOF.PK) calls the remarks "bad news" for players with high levels of debt. In addition to a steep drop in Shanghai, Hong Kong shares give up big gains to close red. EWH -0.6% premarket. | 1 Comment
Dec. 29, 2011, 8:50 AMSoho China (SOHOF.PK) agrees to purchase 50% of a Shanghai commercial site from Greentown China (GTWCF.PK) and Shanghai Zendai for $632B - a deal which illustrates the need for cash-strapped Chinese property developers to unload assets at disappointing prices to stronger hands. Off 61% YTD, Greentown has had to fend of recent bankruptcy rumors. | 1 Comment
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SOHOF vs. ETF Alternatives
Founded in 1995 by Chairman Pan Shiyi and CEO Zhang Xin, SOHO China focuses on developing high-profile branded commercial properties. The company collaborates with internationally-acclaimed architects, translating their innovative designs into iconic real estate which possesses strong appeal to... More
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