The Alabama Gulf Coast has a variety of Chinese Restaurants to choose from in Gulf Shores AL and Orange Beach AL .
Gulf Shores Restaurants Home Page
China Dragon
2200 E 2nd St Unit C
Gulf Shores, AL 36542
251-968-2115
China Dragon
25405 Perdido Beach Blvd
Orange Beach, AL 36561
251-981-5855
Find the Best Ocean Shores, WA Chinese Food on Superpages. We have multiple consumer reviews, photos and opening hours.
China King
25637 Canal Rd Ste G
Orange Beach, AL 36561
251-224-1888
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Beike Zhaofang, the Beijing-based online real estate platform, hit the New York Stock Exchange on Aug. 13 with a gargantuan “pop” as they say on Wall Street — despite all tensions between the United States and China.
Through its parent company KE Holdings, the Chinese housing intermediary backed by SoftBank sold 106 million shares at $20 each during its initial public offering, while first-day trading opened 75 percent above the offer price and would end the day up 87 percent.
This made for an even bigger splash than Twitter saw on its first day of trading in 2013, and marked the largest first-day pop for a billion-dollar IPO in the U.S. this century, according to investment adviser Renaissance Capital.
After two months of trading, Beike’s stock price has continued to soar, and the firm’s market capitalization stands at $75 billion as of mid-October, making it the world’s most valuable real estate tech company. By comparison, CoStar’s market cap is about $35 billion.
Despite the Trump administration’s trade war and attempted crackdown on WeChat and TikTok, as well as increased scrutiny of some U.S.-listed Chinese companies, Beike and many others have continued to raise capital in the states without incident, netting Wall Street banks hefty fees in the process.
Beike’s impressive stock performance is a clear indication that investors are buying into its vision — one driven by the growth potential of China’s housing market coupled with ambitions to reinvent the country’s still underdeveloped and somewhat chaotic brokerage landscape.
Representatives for Beike and KE Holdings did not respond to requests for comment.
Beike’s “successful debut reaffirms the advantages of listing in the US, the world’s deepest capital markets,” Renaissance Capital wrote about the firm’s IPO, “particularly for large and fast-growing Chinese issuers.”
With 2.1 trillion renminbi (more than $300 billion) worth of deals completed in 2019, Beike is now China’s second-largest internet online marketplace — just behind industry leader Alibaba Group.
And the e-commerce giant founded by Jack Ma is quickly emerging as one of Beike’s most serious competitors.
Last month, Alibaba launched Tmall Haofang, which means “good home” in Chinese, a real estate channel within its popular cross-border B2C platform Tmall. Alibaba partnered with the publicly traded Chinese real estate agency and big data provider E-House.
In August, Alibaba had invested $107 million in E-House, upping its stake in the 20-year old company from 2 to 8 percent.
“In China, the infrastructure for the housing transactions and services market had been significantly underdeveloped.”
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