Financials / Deals


Fang drops plan to switch listing to Shanghai

Fang drops plan to switch listing to Shanghai

The deal is off! Fang Holdings (NYSE: SFUN), operator of Soufun.com, a leading real estate site in China, announced on Febr. 21 that it had shelved a plan to move its listing from the NYSE to Shanghai Stock Exchange (SSE) on mainland China, where the share would most likely have been given a higher valuation by investors.


Domain unbundling confirmed, as H1 revenue rises

Domain unbundling confirmed, as H1 revenue rises

Greg Hywood, chief executive and managing director of Fairfax Media, confirmed today that the unbundling of Domain Group, its real estate business, from Fairfax Media, will go ahead, and that Antony Catalano will be CEO of the listed Domain Group.



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