trending Market Intelligence /marketintelligence/en/news-insights/trending/tUXkYNU4UA95qyHyDhPlNA2 content esgSubNav
In This List

CCCG Real Estate unit to set up JV company in Yunnan, China

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


CCCG Real Estate unit to set up JV company in Yunnan, China

A subsidiary of CCCG Real Estate Corp. Ltd based in Kunming, in the Yunnan province of China, is setting up a joint venture company with a local partner.

The CCCG unit will hold 70% of the vehicle, with its partner owning the remaining stake, according to a release.

The joint venture company, which holds registered capital amounting to 100.0 million yuan, will focus on property development and management, land regeneration, urban area development, hotel operations, real estate financing and property information services.

As of Dec. 11, US$1 was equivalent to 6.62 Chinese yuan.