Posted by: Kiki.yang on Jul 26 2010

China Merchants Property Development (000024.SZ, 200024.SZ) and Wheelock Properties' (0049.HK) respective Guangzhou subsidiaries have jointly purchased a 30,186.8-square-meter land parcel in Foshan, Guangdong Province for RMB 580 million, China Merchants Property announced July 24...

Posted by: Kiki.yang on Jul 21 2010

China Merchants Property Development's (000024.SZ) Guangzhou subsidiary has purchased a 25,914.9-square-meter land parcel in Foshan, Guangdong Province for RMB 524 million jointly with Wheelock Properties' (0049.HK) Guangzhou subsidiary, China Merchant's Property announced July 21...

Posted by: Kiki.yang on Jul 02 2010

China Merchants Property Development (000024.SZ, 200024.SZ) Zhangzhou subsidiary purchased a 42,938-square-meter commercial land parcel in Zhangzhou, Fujian province for RMB 90 million, guandian.cn reported July 1...

Posted by: Tom Telford on May 12 2010

The Shanghai Composite Index increased 0.31% to close at 2,655.71, while the Shenzhen Composite Index fell 1.21% to end at 1,012.24 on Wednesday, May 12. Trading turnover on the Shanghai and Shenzhen Stock Exchanges were RMB 90.58 billion and RMB 61.55 billion, respectively.

Insurance shares led growth, ahead of Ping An Insurance's (2318.HK, 601318.SH) release of April premium income numbers...

Posted by: Tom Telford on May 10 2010

The Shanghai Composite Index increased 0.39% to close at 2,698.76, while the Shenzhen Composite Index climbed 1.33% to end at 1,049.99 on Monday, May 10. Trading turnovers on the Shanghai and Shenzhen Stock Exchanges were RMB 95.44 billion and RMB 71.56 billion, respectively.

Poly Real Estate (600048.SH) released April sales data showing contract sales for the month came to RMB 4.09 billion, flat with April sales last year...

Posted by: Kiki.yang on Mar 22 2010

Guangzhou-based Poly Real Estate Group (600048.SH) intends to issue up to 700 million shares at a minimum of RMB 17.92 per share in a private placement to ten investors within Poly Real Estate parent Poly Group...

Posted by: Kiki.yang on Mar 16 2010

The Shanghai Composite Index increased 0.53% to close at 2,992.84, while the Shenzhen Composite Index gained 0.65% to end at 1,143.20 on March 15. Trading volumes on the Shanghai and Shenzhen Stock Exchanges were RMB 69.93 billion and RMB 51.62 billion, respectively.

Shares of banks rebounded in the afternoon session...

Posted by: Tom Telford on Mar 09 2010

The Shanghai Composite Index increased 0.52% to close at 3,069.14, while the Shenzhen Composite Index climbed 0.37% to end at 1,177.1 on Tuesday, March 9. Trading volumes on the Shanghai and Shenzhen Stock Exchanges were RMB 107.48 billion and RMB 78.26 billion, respectively.

Real estate companies strengthened after a top central banker stated that the government has no immediate plans to tighten control of the real estate sector...

Posted by: Tom Telford on Mar 08 2010

The Shanghai Composite Index rose 0.73% to close at 3053.23, while the Shenzhen Composite Index rose 0.98% to end at 1,172.8 on Monday, March 8. Trading volume on the Shanghai and Shenzhen Stock Exchanges was RMB 92.7 billion and RMB 69.57 billion, respectively.

Construction companies moved up sharply on the first day of the week...

Posted by: Sijia Xie on Mar 02 2010

Shenzhen-based real estate developer Vanke (000002.SZ, 200002.SZ) recorded revenues of RMB 63.42 billion from sales of 6.64 million square meters of property in 2009, up 32.5% and 19.1% year-on-year, respectively, the company announced March 2...

Posted by: Sophia Fu on Mar 01 2010

Vanke (000002.SZ, 200002.SZ) subsidiary Shanghai Langda Industrial Company and China Merchants Property Development (000024.SZ, 200024.SZ) subsidiary Shanghai China Merchants Property Company won a joint bid for a 130,970-square-meter residential parcel in Shanghai's Songjiang District for RMB 1.72 billion on February 26, China Merchants Property Development announced February 27...

Posted by: Cherry Zhang on Feb 25 2010

The Shanghai Composite Index rose 1.27% to close at 3,060.62, while the Shenzhen Composite Index climbed 1.71% to end at 1,173.66 on Thursday, February 25. Trading volume on the Shanghai and Shenzhen Stock Exchanges increased to RMB 138.96 billion and RMB 97.67 billion, respectively.

Real estate developers led the rise, with Beijing Vantone Real Estate (600246.SH) growing 3.34%, Poly Real Estate (600048.SH) increasing 3.1% and China Merchants Property Development (000024.SZ, 200024.SZ) rising 3.09%...

Posted by: Sophia Fu on Jan 29 2010

China Merchants Property Development (000024.SZ, 200024.SZ) subsidiary Ruijia Investment Industry Company and Boshi Holdings, a subsidiary of Wheelock Property Limited (0049.HK), jointly bid RMB 680 million to purchase a 141,858-square-meter residential parcel in Foshan, Guangdong province on January 27, China Merchants Property Development announced January 29...

Posted by: Sophia Fu on Jan 11 2010

The Shanghai Composite Index increased 0.52% to close at 3,212.75, while the Shenzhen Composite Index closed 0.18% higher to 1,189.95 on January 11. Trading volume on the Shanghai and Shenzhen Stock Exchanges was RMB 177.55 billion and RMB 100.19 billion, respectively.

Broadcasting and publishing companies reported continued strong gains on Monday...

Posted by: Cherry Zhang on Dec 22 2009

The Shanghai Composite Index sank 2.32% to close at 3,050.52, while the Shenzhen Composite Index declined 2.72% to end at 1,109.37 on December 22. Trading volume on the Shanghai and Shenzhen Stock Exchanges stood at RMB 99.48 billion and RMB 63.19 billion, respectively.

Vice Premier Li Keqiang said on December 21 that developing nuclear power is an important step in approaching climate change issues, China Securities Journal reported...