KE Holdings shores up its house with share buybacks, as revenue gains fail to impress
China's largest real estate brokerage has spent $2.3 billion on share repurchases in the last three years as a struggling property market weighs on its profits Key Takeaways: KE Holdings…
Red Star Macalline shines spotlight of hope on struggling retail property sector
The shopping mall operator said its losses continued to grow in the first half of this year, but indicated the rate of increase could be moderating Key Takeaways: Red Star…
Checking out or checking in? Jin Jiang can’t decide
Three years after privatizing its Hong Kong-listed shares, storied hotelier Jin Jiang has rolled out plans to re-list on the city’s stock exchange Key Takeaways: Jin Jiang has applied to…
Tongcheng beefs up its hotel management, as Wanda buys more time
China’s third-largest online travel company is buying the hotel management unit of a former highflying operator now struggling to stay one step ahead of its creditors Key Takeaways Tongcheng has…
Overseas losses put wrinkle in H World’s welcome mat
The hotel operator’s overseas revenue grew last year, but its widening losses sharply dragged down the company's overall profit Key Takeaways: H World reported its profit dropped nearly 27% in…
Dalu chases rich valuation on high margins in weak real estate market
The regional property manager has filed for a Nasdaq IPO that would value it at about $100 million and give it a far higher P/E ratio than most of its…
Manycore makes second listing attempt as mood brightens for tech companies
The virtual interior design startup filed for a Hong Kong IPO after its earlier New York listing attempt unraveled Key Takeaways: Virtual interior design company Manycore has filed for a…