News about China

SINGAPORE (Jan 31): DBS Group Research has upgraded CapitaLand Retail China Trust (CRCT) to “buy” from “hold” with S$1.

KUALA LUMPUR (Jan 27): Borneo Oil Bhd is acquiring seven plots of quarry land in Lahad Datu, Sabah as part of its expansion plan into limestone mining.

KUALA LUMPUR (Jan 27): Malaysian Resources Corp Bhd’s (MRCB) memorandum of understanding (MoU) with Wondrous Vista Development Sdn Bhd and IWH CREC Sdn Bhd to collaborate with each other to develop an integrated transportation terminal in Bandar Malaysia has lapsed.

PETALING JAYA (Jan 26): After posting a record high in 2016, China’s property market will show a slower pace of sales growth in 2017 on the back of Beijing’s tightened controls to curb property price growth, according to Moody’s Investors Service.

SINGAPORE (Jan 24): Banyan Tree Holdings and China Vanke Co have agreed to create Banyan Tree China (BTC), a new joint venture between Banyan Tree and Vanke, to consolidate the ownership of Banyan Tree-branded hotels and assets in China.

THE Chinese capital outflow into the UK continues to be on the uptrend with no sign of tapering even after the Brexit vote in June last year where a referendum was conducted to decide if the UK should stay or leave the European Union (EU).

SINGAPORE (Jan 23): Frasers Commercial Trust (FCOT) has declared a distribution per unit (DPU) of 2.

SINGAPORE (Jan 23): The manager of Mapletree Logistics Trust (MLT) has announced a stable Distribution Per Unit (DPU) of 1.

PETALING JAYA (Jan 23): China has hit record sales of US$33 billion (RM146.

VIDEO: Why and where Chinese nationals are now buying.