Expert Profile

Expert photo Steve Xinyu Li
Since December 2009, VP of Business Development at China Talent Group   From June 2008 to December 2009, General Manager of IT service company at China Talent Group   From October 2007 to December 2009, Director of Business Development

Meet Us In February 2010

Meet us in SPAIN and FRANCE

Konaxis Group China will be in Madrid on February 25/26, in Barcelona on February 27/28 in Paris from March 2nd to March9th, in Lyon from March 10th to March15th.

You want to work (or already work) with china? in Sourcing, technical subcontracting, high tech product? and wish to get some advices and informations from European expert on Chinese market? in order to buy in China and improve the follow up and quality process; So please feel free to contact us to meet us during the first 2weeks of September in Valence, Barcelona, Madrid and Paris.
 
Please click below link to fill in the form and we will reply soon.
 

 

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Sourcing In China


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Facts & Figures In China

China’s Land Sales In 2009
China’s local governments took in $233 billion from land sold to developers in 2009, according to the Ministry of Land Resources, for a 60% increase from 2008. Morgan Stanley says land-revenue gains in China's top 20 cities exceeded 160% in 2009 from the previous year.
 

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Real Estate China
03/10/2010 China Overtakes U.S. In Attracting Most Property Investment
  China overtook the U.S. as the world’s biggest property investment market last year and will probably keep the lead in 2010 on economic growth and a lower re......
 
03/09/2010 China Overtakes U.S.In Attracting Most Property Investment
  China overtook the U.S. as the world’s biggest property investment market last year and will probably keep the lead in 2010 on economic growth and a lower re......
 
03/05/2010 China Vanke's Net Jumps To 32% To Record
  China Vanke Co., the country's largest property developer by market share, said Monday its 2009 net profit rose 32% amid soaring property prices, reported Dow Jones.
 
03/04/2010 Citi, China Resources Seek $500 Mln For China Commercial Property
  Citigroup's private bank and conglomerate China Resources Group have launched two real estate funds to invest in Chinese shopping malls and hope to raise about $500 m......
 
02/26/2010 China Developers’ Estimates Cut At Goldman On Risks
  China’s property developers had their share-price estimates lowered by as much as 32 percent at Goldman Sachs Group Inc., which cited increased uncertainty fr......
 
02/24/2010 China's Poly Real Estate Posts Soaring Sales In January
  Poly Real Estate Group Co., Ltd., China's second largest property developer by market value, said Tuesday its January sales based on signed contract......
 
02/10/2010 Hang Lung Aims To Invest $2-3 Bln In China
  Hong Kong-listed developer Hang Lung Properties aims to invest $2-3 billion over the next couple of years into China if it finds good opportunities in the country'......
 
02/09/2010 M.Stanley To Sell China Property To Keppel Unit
  The property investment arm of Morgan Stanley is in final talks to sell a Chinese apartment complex to a unit of Singapore's Keppel Land, sources close to the deal said on Tuesday, reported Bloomberg.
 
02/01/2010 SOHO China Seeks M&As
  Cash-rich commercial property developer SOHO China will continue to seek merger and acquisition (M&A) opportunities in Beijing and Shanghai this year to ......
 
01/28/2010 S China Island Province Sees Overheating Real Estate Market
  Government plans to make China's southern island province of Hainan an international tourist resort have cut the supply of housing as owners and developers hold out for huge profits, reported Xinhua.
 
01/26/2010 China SCE Property Seeks Up To US$292 Million In Hong Kong IPO
  Chinese property developer China SCE Property Holdings Ltd. is seeking to raise up to US$292 million in a Hong Kong initial public offering, including an overallotment optio......
 
01/22/2010 OOIL Sells China Property To CapitaLand For $2.2 Billion
  Orient Overseas (International) Ltd (OOIL), a Hong Kong-based container ship operator, has sold $2.2 billion in Chinese property to Singapore's CapitaLand as the loss-making Hong Kong compa......
 
01/14/2010 Idle Plots Further Compound Realty Crunch In Shanghai
  Listed property developers have been cornering huge plots and often leaving them undeveloped, further compounding the land shortage in Shanghai, said a new report released by E-House (China) Ho......
 
01/12/2010 China's Central Bank To Use Policy Tools To Manage Inflation,Property Risks
  China's central bank Wednesday said it will manage inflation expectations and keep a close watch on the property market through its credit and money supply policies, reported China Daily.
 
12/28/2009 China May Raise Second-Home Down Payments
  China may raise the down payment requirement for purchases of second homes to 50 percent in a bid to curb speculation in the property market, Beijing Business Today re......
 
12/16/2009 China Government Scales Back Property Market Stimulus Policy
  China’s State Council, or cabinet, decided Wednesday that starting next year, sales of homes by individuals will be exempt from tax only after at least five years of ownership. The government in Ja......
 
12/10/2009 China Vanke Hopes To Complete Offering In 2010
  China Vanke Co. hopes it will be able to move forward with a planned 11.2 billion yuan ($1.64 billion) share offering in the first half of 2010......
 
11/20/2009 China Sets Land Use Limits On Residential Housing And Coal Mine
  China’s land ministry said it is imposing limits on how much land can be used for residential development, government offices and some industrial projects ......
 
11/19/2009 Beijing Office Market Rebounds
  Beijing's office market saw a steady recovery in the third quarter, with the demand from large domestic firms remaining strong and that from multinational companies ......
 
11/16/2009 Chinese Home Price Rises 3.9% In October
  Home prices in 70 large and medium-sized Chinese cities nationwide rose 3.9 percent in October from a year earlier, the National Bureau of Statistics (NBS) announced Tuesday, reported Xinhua.
 
11/13/2009 China Probably Not To Extend Favorable Measures In Property Sector
  With a solid recovery in the real estate market, the Chinese government would probably not continue the measures unveiled last October to boost the property sector amid the global f......
 
11/03/2009 China Overseas Land Q3 Operating Profit HK$1.8 Billion
  China Overseas Land & Investment Ltd., the Hong Kong-listed developer controlled by China’s construction ministry realized a third-quarter opera......
 
10/27/2009 China Vanke Reports 29.6% Sales Growth In First Nine Months
  China Vanke, the country's largest listed real estate developer, said Monday evening its sales value in the first three quarters grew 29.6 percent from a year ea......
 
10/26/2009 China Office Sector Enjoys Brisk Business
  While the Chinese residential market in general still is suffering falling prices and sales, transactions in the office space market are brisk, reported China Daily.
 
10/22/2009 Home Trading In Beijing Hits 3-Year Low During China Holiday
  Property trading in Beijing during the National Day holidays hit 3-year low for the period, reported Xinhua.
 
09/25/2009 Property Developer Vanke To Raise 11.2 Bln Yuan
  Vanke, the nation's largest property developer, plans to raise 11.2 billion yuan (about $1.6 billion) selling additional shares, reported Wednesday’s China Daily.
 
09/18/2009 China Overseas Buys Shanghai Land For $1 Bln
  China Overseas Land & Investment Ltd on Thursday won a bid for a plot of land in Shanghai after agreeing to pay 7 billion yuan, underscoring the devel......
 
09/18/2009 Housing Prices In Major China Cities Rise 2% Y-o-Y in August
  Housing prices in 70 of China's large and medium-sized cities rose 2 percent in August 2009 compared to the same month in the previous year, according to figur......
 
09/02/2009 Beijing City Second-Time Housing Mortgage Tightened
  Beijing banks have stopped providing discounts of up to 30 percent off the centrally determined benchmark lending rate for interest on mortgages for people buying a second home or commerc......
 
08/26/2009 SOHO China Buys Morgan Stanley Arm For $359Mln
  Property developer SOHO China said it has agreed to buy a top Shanghai office building from US investment bank Morgan Stanley for around 2.45 billion yuan, reported AFP.
 
08/25/2009 UBS To Leave Evergrande $1 Billion IPO Underwriting Team
  UBS AG has dropped out of the team arranging a $1 billion Hong Kong initial public offering for Evergrande Real Estate Group Ltd., said four pe......
 
08/20/2009 Shanghai International Group To Take Control Of Shanghai AJ
  Shanghai International Group Co., the investment arm of the Shanghai municipal government, plans to take a controlling stake in development and investment company S......
 
08/19/2009 Chinese Home Prices Rise 1.0% In July Year-On-Year
  Home prices in 70 major Chinese cities rose 1 percent in July from a year earlier as bank loans surged and the country's economy improved, according t......
 
08/18/2009 China Overseas Land's Property Sales Double In July
  China Overseas Land and Investment Ltd., a major mainland real estate company listed in Hong Kong, announced Thursday that its property sales in July reached 4.1 billion HK dollars, sur......
 
08/14/2009 China Property Sales Decline In July
  Property sales in 30 Chinese cities fell 4 percent in July as prices soared and supplies dwindled, reported Wednesday’s China Daily.
 
08/14/2009 China Vanke Net Profit Up 22.5% In H1
  China Vanke, the country's largest property developer by market value, announced Monday evening that it had made a net profit of 2.52 billion yuan in the first half o......
 
08/13/2009 Chinese Developers’ Short-term Outlook Lifted From Negative To Neutral
  Chinese developers short-term outlook was raised to neutral from negative by Standard & Poor’s on a recovery in the nation’s real estate market, reported Bloomberg. 
 
08/11/2009 Mainland developer CC Land Holdings To Raise HK$2b
  CC Land Holdings, is raising up to HK$2.05 billion through a top-up placement, riding on a wave of upbeat market sentiment and liquidity, reported The Standard.
 
08/06/2009 Demand For Beijing CBD Space Remains Healthy
  Wu Guiying, vice governor of Chaoyang district, where the Beijing CBD is located, said the financial crisis was having little impact. A shortage of land was more of a problem, reported China Daily.
 
08/04/2009 CBRC To Stick To Rules On Mortgage For Second Home
  China Banking Regulatory Commission (CBRC) said Thursday that rules on mortgage for second-home buyers were not changed and it would maintain it's current rules, reported Xinhua news.  
 
07/22/2009 Beijing's Office Buildings See Rising Vacancy Rate
   Beijing's office renting market continued to decline in the first half of this year with the average vacancy rate rising 2.3 percentage points to 21.......
 
07/20/2009 China's Property Climate Index Up The Third Consecutive Month
  China's national property climate index, which reflects overall conditions in the sector, rose 0.61 percent to 96.55 last month, Xinhua news reported, citing National Bureau of Statistics (NBS).
 
07/10/2009 China Vanke: Property Sales Up 57.1% In June, 27.5% In H1
  Statistics from  China Index Research Institute show that  the housing market has rebounded to what it was two years ago particularly in the major cities of the country.  The......
 
05/18/2009 Housing Property April Deals In 30 Major Cities Rose 11%
  Statistics released by China Real Estate Index System (CREIS) show that in thirty (30)  major Chinese cities, residential property transactions&......
 
04/21/2009 Property Investment In China Rose 4.1% In Q1
  China's real estate investment in the first quarter of  2009 reached  488 billion yuan ($71.45 billion),  a  4.1 percent  rise on a year......
 
04/08/2009 Housing Prices Likely To 'Fall Sharply'
  As a consequence of the ongoing low-income housing projects, property prices in the country are likely to see a "sharp drop" next year, it is reported in the local media.
 
03/17/2009 China To Renovate Rural Housing, Build Low-Rent Apartments
  China will carry out a large scale plan to renovate  or put in order dilapidated houses in rural areas to improve  the residents’ quality of li......
 
02/04/2009 China's Real Estate Prices May Continue Slump In 2009
  Property prices in China may continue its downward trend this year as economic uncertainties worsen and recent, more affordable projects are offered in the market.
 
12/24/2008 Government Announces New Real Estate Stimulus Package
  Statistics from the Beijing Real Estate Transaction Management Network show that as fo December 17,  there were 357,000 newly-built commercial and......
 
12/08/2008 Construction on Shanghai Center, China’s Tallest Building, Underway
  Construction on what will become  China's tallest building, the  632-meter (2,073-foot) tall Shanghai Center, began  Saturday,&nbs......
 
 
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