China Real Estate Information Corporation (CRIC)

New Business

Shanghai’s luxury home sales boom as wealthy buyers flock to ‘safe haven’ assets

Luxury home sales in Shanghai are defying a nationwide slump, as wealthy buyers snap up “safe haven” assets amid expectations…

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New Business

Shimao’s losses spike 90% as embattled developer is gripped by China’s property downturn

Losses at Shimao Group Holdings, the embattled mainland Chinese developer, jumped nearly 90 per cent in the first half as…

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