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Kai Yuan to Buy Paris Marriott Hotel for $468 Million
Kai Yuan Holdings Ltd., an investor in Chinese steelmakers and real estate, said it agreed to buy the Paris Marriott Hotel Champs-Elysees for 344.5 million euros ($468 million).
Kai Yuan Pays $466M For Central Paris Marriott Hotel  Law360 (subscription)
Hong Kong firm to buy Marriott Champs-Elysees hotel in Paris for $469 mln  Reuters
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Term Sheet -- Monday, August 22
The issue is, per usual, whether or not the private equity firm adequately disclosed such fees to its limited partners (who, apparently, continue to be under very little obligation to pay attention).
China stocks take breather, but poised for 3rd week of gains
"I expect to see volatility continue over the next few weeks, but the overall trend of the market is upward," said Tian Weidong, analyst at Kaiyuan Securities in Shanxi. The real estate sector fell on profit-taking, with the property subindex falling 1 ...
China bluechip index flat  Business Recorder (press release) (registration) (blog)
Beijing launches 200b yuan venture capital fund to foster SOE reform and spur ...
The fund's chief promotor and manager is China Reform Holdings Corp, one of three asset management arms that answer directly to the State-owned Assets Supervision and Administration Commission, which manages state-owned enterprises.
China's Private Stock Market Booms Amid an 800-IPO Backlog
Guangzhou Evergrande Taobao Football Club Co., China's first soccer stock and backed by Alibaba Group Holding Ltd., listed its shares without raising money in November and sold 869 million yuan of new stock in December, according to a January filing.
Does the SFC really need 841 staff, each earning an average HK$1.3m annual salary?
HSBC Holdings has a current market value of more than HK$1 trillion. That's the .... Copyright � 2016 South China Morning Post Publishers Ltd. All rights reserved. ... The crowds are out in force for Sun Hung Kai Property's Grand Yoho project in Yuen ...
The Twilight of China's Online Consumer Paradise
The 30-year-old advertising professional's been swinging like a sultan on a salary of just 6,000 yuan ($903) a month: summoning chauffeured cars during the rush hour and getting lunch delivered to her doorstep, all while snapping up cheap movie tickets ...
Through the roof: passenger causes three-hour delay on Hong Kong flight to ...
A hapless traveller delayed fellow passengers by three hours after he mistakenly tore off a section of ceiling on a brand new Cathay Pacific aircraft on Wednesday.
Colour Life's Pan Jun says huge demand exists for community services in ...
The comment came after its parent, Shenzhen-based property developer Fantasia Holdings, acquired Wanda Group's property management unit, an operation that covers 64 million square metres of projects in 86 cities, for about 1.2 billion yuan on August 1 ...
Nobel economist Paul Krugman says zero interest rate environment the 'new normal'
On the issue of China's currency, Krugman said he attached little significance to the IMF's decision to add the yuan to its basket of reserve currencies later this year. “I don't believe the internationalisation of the renminbi is very important. The ...