Shenzhen

The shares were sold at the bottom of the marketed range in what is the biggest offering so far this year in HK.

NCS hopes to cultivate a cross-border digital innovation ecosystem for its clients, partners and tech startups.

For the nine months ended Sept 30, the group’s pre-sales rose 66.7% y-o-y to approximately RMB53.19 billion.

SINGAPORE (June 19): Real estate developer Yanlord Land Group has registered total pre-sales amounting to some RMB 1.34 billion ($265.2 million) from the inaugural launch of Yanlord Four Seasons Gardens in Shenzhen, China.

SINGAPORE (Dec 31): OUE Lippo Healthcare will manage three medical facilities in Shanghai, Chongqing and Nanjing through to a joint-venture agreement.

SINGAPORE (June 29): Sino Grandness Food Industry Group has expanded its distribution network further in the China market with its own-branded products, namely across Meiyijia convenience stores and Meiyiduo supermarkets in China.

SINGAPORE (Mar 20): Singapore has once again bagged the title of Asia’s highest ranked city in terms of quality of living over the past 12 months, based on findings from Mercer’s 20th edition of its Quality of Living survey.

SINGAPORE (Dec 19): Yanlord Land Group announced that its wholly-owned subsidiary, Yanlord (Shenzhen) Investment Management, has acquired a 65% stake in Shenzhen Dongguan Shengtai Investment for RMB563 million ($114.7 million).

(Sept 6): Hong Kong is on the verge of seeing its economy surpassed in size by the former fishing village Shenzhen, a role reversal long foreshadowed by China’s massive supply of cheap labor and subsidized capital.

SINGAPORE (July 5): Maybank Kim Eng Research is maintaining its “hold” call on property developer CapitaLand at an unchanged target price of $3.75, while noting that valuations appear fair following its strong rally in the year to date.