Wanda Properties International Co., part of the Dalian Wanda Group owned by Chinese billionaire Wang Jianlin, is marketing a U.S. dollar-denominated bond, in a rare investment-grade note sale by developers in the country.
Hongkong Land Holdings Ltd., which owns a stake in the biggest developer of Singapore’s new financial center, will seek more commercial plots in the island- state as tenants seek to upgrade to new buildings.
Swire Properties Ltd. and Hongkong Land Holdings Ltd. led shares of Hong Kong commercial landlords higher after an office building in the Central business area was sold for HK$4.9 billion ($631 million).
The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut, unless stated otherwise.
Over the past decade, car-repair shop owner Benny Chan has seen more than 70 percent of his small-business peers disappear as his Hong Kong neighborhood fills up with high-end Western bars and Japanese restaurants.
Hong Kong’s abandoned Kai Tak Airport, idle for 13 years, may hold the answer to a space shortage in the world’s costliest office market where banks including Goldman Sachs Group Inc. jostle for towers.