{"id":118361,"date":"2020-08-25T20:54:56","date_gmt":"2020-08-25T13:54:56","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-shimao-among-chinese-home-builders-betting-on-new-sectors-to-boost-profits-amid-struggling-property-market\/"},"modified":"2020-08-25T22:03:34","modified_gmt":"2020-08-25T15:03:34","slug":"country-garden-shimao-among-chinese-home-builders-betting-on-new-sectors-to-boost-profits-amid-struggling-property-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-shimao-among-chinese-home-builders-betting-on-new-sectors-to-boost-profits-amid-struggling-property-market\/","title":{"rendered":"Country Garden, Shimao among Chinese home builders betting on new sectors to boost profits amid struggling property market"},"content":{"rendered":"


\nChina\u2019s major home builders are betting on new areas of business to shore up profit after the boom era of the 16 trillion yuan (US$2.3 trillion) housing market was brought to a halt by the Covid-19 pandemic crushing the economy and the government\u2019s persistent cooling measures.Country Garden Holdings, the country\u2019s second biggest developer by sales, has been heavily investing in robotics and hopes this sector will buoy future growth.\u201cWe are hoping that robotics can increase our productivity and\u2026
\n
\nSource : South China Morning Post
\nRead more…Country Garden, Shimao among Chinese home builders betting on new sectors to boost profits amid struggling property market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s major home builders are betting on new areas of business to shore up profit...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-118361","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uN3","jetpack-related-posts":[{"id":124451,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-group-shimao-feels-chill-of-sectors-liquidity-crisis\/","url_meta":{"origin":118361,"position":0},"title":"Chinese property group Shimao feels chill of sector\u2019s liquidity crisis","date":"February 4, 2022","format":false,"excerpt":"\r Developer sucked into bond market sell-off following Evergrande collapse\r \r Source : ft.com\r Read more...Chinese property group Shimao feels chill of sector\u2019s liquidity crisis","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144331,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-shimao-aoyuan-get-stock-boost-as-cities-drop-curbs-investors-sense-major-shift-in-policy-support\/","url_meta":{"origin":118361,"position":1},"title":"Chinese developers Shimao, Aoyuan get stock boost as cities drop curbs, investors sense \u2018major shift\u2019 in policy support","date":"May 10, 2024","format":false,"excerpt":"\r \u2018Beijing is finally on the right course to clean up the mess in the property sector,\u2019 Nomura analysts said on Friday.\r \r Source : South China Morning Post\r Read more...Chinese developers Shimao, Aoyuan get stock boost as cities drop curbs, investors sense \u2018major shift\u2019 in policy support","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145511,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-firm-shimao-group-gets-reprieve-until-next-month-from-a-hong-kong-court\/","url_meta":{"origin":118361,"position":2},"title":"Chinese property firm Shimao Group gets reprieve until next month from a Hong Kong court","date":"June 26, 2024","format":false,"excerpt":"\r Debt-stricken Chinese developer Shimao Group case adjourned to July 31as the city sees a rise in the number of creditor-led liquidation petitions.\r \r Source : South China Morning Post\r Read more...Chinese property firm Shimao Group gets reprieve until next month from a Hong Kong court","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119105,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-food-delivery-to-babysitting-chinese-home-builders-turn-to-butler-services-to-boost-revenues-amid-weak-sales\/","url_meta":{"origin":118361,"position":3},"title":"From food delivery to babysitting, Chinese home builders turn to \u2018butler\u2019 services to boost revenues amid weak sales","date":"November 4, 2020","format":false,"excerpt":"\r Traditionally, Chinese developers have offered little more than security and maintenance services to the residents of their projects once the cranes and diggers have moved on.But after 2014, when the authorities removed price controls on property management fees, more home builders began offering extras like takeaway food and grocery\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-chinese-developer-shimao-group-to-sell-hong-kong-airport-area-sheraton-hotel-property-for-us828-million\/","url_meta":{"origin":118361,"position":4},"title":"Indebted Chinese developer Shimao Group to sell Hong Kong airport-area Sheraton hotel property for US$828 million","date":"March 27, 2023","format":false,"excerpt":"\r The owner of the 1, 219-room, Sheraton-branded property, Shimao Group, is in the process of restructuring US$11.8 billion in debt.\r \r Source : South China Morning Post\r Read more...Indebted Chinese developer Shimao Group to sell Hong Kong airport-area Sheraton hotel property for US8 million","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-shimao-rf-and-8-other-chinese-developers-may-be-ineligible-for-mainland-cash\/","url_meta":{"origin":118361,"position":5},"title":"Soho China, Shimao, R&F and 8 other Chinese developers may be ineligible for mainland cash","date":"June 27, 2024","format":false,"excerpt":"\r Several Hong Kong-listed Chinese property developers risk being excluded from the Stock Connect programme as their valuations have fallen below the statutory minimum.\r \r Source : South China Morning Post\r Read more...Soho China, Shimao, R&F and 8 other Chinese developers may be ineligible for mainland cash","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118361"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=118361"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118361\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}