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Soho China

Soho Bund in Shanghai. Photo: Annual Report 2021

Soho China’s billionaire founders step down after failed bid to sell company

Pan Shiyi and wife Zhang Xin have relinquished their top posts as chairman and CEO respectively of the firm they founded in 1995. The stock has lost as much as two-thirds of its value since June last year.

7 Sep 2022 - 5:55PM

Soho China dangles 30 per cent discount on commercial properties to trim debt

10 Mar 2022 - 9:02PM

Blackstone drops US$3.05 billion offer for Soho China amid regulatory review

10 Sep 2021 - 10:05PM

China starts review of Blackstone’s US$3 billion acquisition of Soho China

China’s antitrust regulator has started its review of a general offer by US private-equity firm Blackstone Group to take control of property developer Soho China, a necessary step needed for the US$3.05 billion deal to be concluded.

8 Aug 2021 - 11:42PMvideocam

The Galaxy Soho office buildings in Beijing. Photo: Reuters

Blackstone revives pursuit of Soho China with US$3.05 billion offer

While the offer at HK$5 per share is at a premium to market, Blackstone will be picking up Soho’s assets at about 40 per cent discount to net asset value of HK$8.37 per share at the end of 2020.

16 Jun 2021 - 9:37PM

Developer Soho China says privatisation deal with Blackstone is dead

Beijing-based office developer Soho China, which was in talks with US private equity group Blackstone about a privatisation deal worth more than US$4 billion, said on Thursday that the deal was off.

14 Aug 2020 - 7:00AM

Soho China expects lower occupancy, rents as coronavirus weighs on economy

Mainland developer’s core net profit fell 31 per cent year on year to 1.33 billion yuan in 2019.

25 Mar 2020 - 11:18PMvideocam

Soho China’s Leeza Soho office complex, in the Lize business district, in Beijing. The Leeza Soho, designed by Zaha Hadid, features a 190 metre tall twisting atrium, the tallest in the world. Photo: Simon Song

Blackstone to take Soho China private in US$4 billion deal, Reuters says

The deal marks a formal exit from the equity market for Soho China’s Chairman Pan Shiyi and Chief Executive Officer Zhang Xin, who together built the company into one of the country’s major developers of mixed-used residential and commercial property.

10 Mar 2020 - 10:29PM

Soho China considers selling office towers for US$8 billion

The potential sales signal Soho China may be shifting away from the nation’s office market, which has been hit by declining rents and decade-high vacancy rates as economic growth slows.

30 Oct 2019 - 2:18PM

Soho China’s office sale seeks to raise US$1.13 billion, as landlord strategy fails

Analysts said the renewed emphasis on development sites is an implicit nod to its previous unsuccessful landlord strategy.

29 Jun 2019 - 5:23AM

Soho China is the developer behind the Galaxy Soho shopping centre, designed by Zaha Hadid Architects. The project located in Beijing opened in 2012 and houses the city’s largest shopping mall. Photo: Simon Song

Chinese developer wins libel suit over blogger’s bad feng shui claim

The company that operated the blog “S. Shengunju. S” was ordered to pay Soho China 200,000 yuan in damages by a district court in Beijing

10 Apr 2019 - 8:30PM

A woman wearing mask rides a bike passing by the Wangjing SOHO office towers in Beijing on October 9, 2014. The office towers, designed by Iraqi-British architect Zaha Hadid, is one of the biggest cash cows for their developer Soho China. Photo: SCMP/Simon Song

Co-working space operator Soho China targets Hong Kong IPO

21 Jun 2018 - 8:01AM

Soho China takes its co-working brand into second-tier cities

25 Sep 2017 - 10:59PM

Four top CEOs reveal what they were like as teenagers

29 Aug 2017 - 1:35PM

SAP CEO Bill McDermott as a young man. Photo: Bill McDermott

New | China’s capital control snares Soho’s plan to sell Hongkou property

24 Mar 2017 - 10:43AM

Soho China is dropping its plan to sell its Hongkou project in Shanghai, the latest to be snared by the country’s capital control rules.

New | Soho China core profit drops 60p to 1.78b yuan

Soho China's transition from developer to landlord is weighing on its earnings, with the company yesterday reporting a 60 per cent drop in core profit to 1.78 billion yuan (HK$2.24 billion) for last year.

6 Mar 2015 - 10:51PM

Soho China sells part of Shanghai project to Ctrip

Mainland commercial property developer Soho China has agreed to sell just under half of its uncompleted office-retail project in Shanghai to Ctrip Shanghai for HK$3.85 billion, nearly double what it paid for the project site in 2010.

30 Sep 2014 - 2:24AM

Update | Softer office markets cloud China property outlook

Commercial property developers Soho China and Franshion Properties (China) posted robust half-year results yesterday, but their major office markets in Beijing and Shanghai are expected to soften as the mainland's economic growth slows further.

20 Jun 2018 - 5:41PM

Offices at Galaxy Soho are about 60 per cent occupied. Photo: Reuters

Opinion | Soho China buys back own shares, Galaxy Entertainment boss sells

Directors of Hong Kong companies increased their purchases of their firms' shares last week, according to filings lodged with the stock exchange. Selling by such insiders fell.

24 Jun 2013 - 4:59AM

China tycoon Zhang Xin in deal for New York's GM Building

The deal makes the two million square-foot building – a 50-story tower overlooking New York’s Central Park and featuring Apple’s flagship Fifth Avenue store – the most expensive US office building.

29 Aug 2013 - 4:13AM

Beijing luxury hotel rivals Australia for 'world's best job' post

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31 May 2013 - 8:53AM

The 'Suitcase House', one of the featured villas at Commune by the Great Wall and designed by Hong Kong architect Gary Chang. Photo: SCMP

Opinion | Soho China, Swire draw buyers in holiday week

6 May 2013 - 3:34AM

Soho China sets record for Shanghai site value

Soho China won a commercial site in Shanghai for 3.19 billion yuan (HK$4.01 billion) yesterday. The deal puts the accommodation value of the site, in the Gubei area of Hongqiao district, at 31,000 yuan per square metre, more than double the previous record in the district.

26 Apr 2013 - 4:13AM

Fosun wins court fight over sale of stake in Bund 8-11

Fosun International has won a court order on the mainland forcing the developer Soho China to return to the vendors the 50 per cent stake it bought in a project in Shanghai.

25 Apr 2013 - 6:15AM

Soho China banks big increase in net profit

Shares of mainland commercial property developer Soho China jumped nearly 7 per cent yesterday after it reported a 172 per cent rise in net profit, thanks to a big increase in floor area sold during the period.

7 Mar 2013 - 6:12AM

Soho China banks big increase in net profit

Soho China hit by Gong money laundering scandal

9 Feb 2013 - 5:06AM

Zhang Xin, chief executive officer of Soho China Ltd. Photo: Bloomberg

Opinion | Soho China CEO denies money laundering accusations

8 Feb 2013 - 12:03PM

Lai See | Weibo is key to combating mainland corruption

15 Jan 2013 - 4:16AM

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Soho China

Founded in 1995, SOHO China is China’s largest prime office real-estate developer, focusing on the central business districts of Beijing and Shanghai. It was founded by Pan Shiyi, a former oil ministry employee, and his wife Zhang Xin, formerly of Goldman Sachs. It listed in Hong Kong in 2007 (Hong Kong stock code: 410).

Chairman / President

Pan Shiyi

CEO / Managing Director

Pan Shiyi

CFO / Finance Director

Zhang Xin

Industry

Real estate

Website

sohochina.com

Headquarters address

Beijing, People's Republic of China

Stock Code

SEHK:0410

Year founded

1995

last updated:

30 September, 2024