trending Market Intelligence /marketintelligence/en/news-insights/trending/-E122lXnTsKaVoMiIVLa-w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

China SCE to buy 51% stake in Hong Kong's Hong Hui Development

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


China SCE to buy 51% stake in Hong Kong's Hong Hui Development

China SCE Group Holdings Ltd. will amass a 51% stake in Hong Hui Development Co. Ltd.'s issued share capital through the acquisition of 35,700,000 shares in the Hong Kong-based investment holding company for about 628.7 million yuan.

China SCE subsidiary Max Fresh Investments Ltd. will acquire the shares from Hong Hui Development owner Top Act Investments Ltd., making Hong Hui Development and project company Honghui Construction nonwholly owned subsidiaries of China SCE.

Honghui Construction's business includes the operations of the Kunshan Project, which involves the construction, development, letting and sales of residential and commercial properties on 92,103 square meters across three land parcels in Kunshan, China.

Max Fresh Investments will also pay about 3.6 million yuan to Top Act Investments as reimbursement for the preliminary expenses of the development of two of the three land parcels.

As of Dec. 12, US$1 was equivalent to 6.88 Chinese yuan.