trending Market Intelligence /marketintelligence/en/news-insights/trending/7Mitf5fitgBsDRuYtMtIIw2 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

Report: Tencent, China Vanke, Sunac exit Lianjia as Chinese broker plans IPO

US Operators Bolster Downward Trajectory for US Cable Capex Forecast

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

CUSIP Requests Surge in September Led by Higher Corporate and Municipal Totals


Report: Tencent, China Vanke, Sunac exit Lianjia as Chinese broker plans IPO

Beijing Homelink Real Estate Brokerage Co. Ltd.'s shareholders decreased to 15 from 37 following the exit of 22 investors including Tencent Holdings Ltd., China Vanke Co. Ltd., Sunac China Holdings Ltd., Baidu Inc. and New Hope Group Co. Ltd., Caixin Global reported, citing Tianyancha data.

Analysts cited by the news platform said the shareholder reduction is most likely part of the Chinese real estate agency's preparation for a public listing of a subsidiary. Unnamed sources also told Caixin that the former investors' stakes in Beijing Homelink, also known as Lianjia, were transferred to the company's Beike Zhaofang subsidiary.

Amid the transition, Beike Zhaofang secured US$800 million from Tencent Holdings-led investors. No further details were released regarding the online real estate brokerage subsidiary's latest funding round, but the March 26 report cited an unnamed Beike employee that it might be related to the company's plan to raise 12 billion yuan to support its business expansion.

The planned fundraising will give Tencent Holdings as much as a 4.47% shareholding in the online broker is aiming to achieve an approximately 120 billion-yuan valuation.

As of March 26, US$1 was equivalent to 6.71 yuan.