News about China

SINGAPORE (March 10): CIMB is upgrading Wing Tai Holdings to “add” with a higher target price of S$2.

KUALA LUMPUR (March 10): Hong Kong-listed Country Garden Holdings Co Ltd has closed all sales centres in China for its Forest City housing project in Johor, according to a South China Morning Post report yesterday.

SETIA ALAM (March 10): Every country has its own set of challenges but among the main hurdles faced by investors, including Malaysians, when it comes to investing in properties overseas are financing and legal issues.

SETIA ALAM (March 4): Banks are not expected to loosen their lending policy in the next three years although the country's loan approval rate in 2016 was at a historical low, said Smart Financing CEO Gary Chua.

SINGAPORE (March 1): RHB is remaining “neutral” on CapitaLand while raising its target price to S$3.

Sunway Bhd (Feb 28, RM3.

KOTA KINABALU (Feb 27): Property developer Titijaya Land Bhd is partnering China Railway Engineering Ltd to jointly develop mixed-use project with a gross development value (GDV) of RM575 million on a 1.

KUALA LUMPUR (Feb 27): Sime Darby Bhd saw its net profit for the second financial quarter ended Dec 31, 2016 (2QFY2017) more than double to RM644 million or 9.

PETALING JAYA (Feb 22): Shanghai has emerged as the top city for real estate investment in Asia Pacific as of 4Q2016.

KUALA LUMPUR (Feb 21): Some 45% of millennials continue to purchase properties across Asia to generate rental income for their retirement, according to the “Manulife Investor Sentiment Index” report.