Tag Archives: asset

HNA tower buy reflects NYC confidence

HNA Group’s $2.2 billion purchase of a Manhattan office tower shows that the Chinese appetite for New York real estate – and trophy assets – is still there, real estate analysts said.

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China willing to work with world on globalization

China opposes the many forms of trade protectionism and supports free trade, Vice-Premier Zhang Gaoli said on Sunday, amid rising anti-globalization sentiment around the world.

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Economic data point to further growth

China released upbeat macroeconomic data on Tuesday indicating that the economy remained on solid footing at the start of the year, and analysts said the trend will continue through the year.

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Citic to close US business research arm

CLSA Ltd, the Hong Kong brokerage owned by China’s Citic Securities Co, will close its US equity-research operations because of intense competition and declining profit as asset managers built their own research teams and the costs of hiring analysts rose.

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Growth around 6.5% seen for 2017

China’s economy will expand by around 6.5 percent year-on-year in 2017, and consumer inflation will moderately rise to 2.2 percent, according to forecasts in a book released by a top think tank on Monday.

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Retail sales growth strongest in a year

China’s retail sales growth picked up to 10.8 percent year-on-year in November, the highest this year. This, together with other improving indicators, shows the economy may be stabilizing, analysts said.

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