Shui On Land, a large property developer particularly active in Shanghai, has begun promoting a listing; already it is fully subscribed.

而瑞安地产，作为主要业务在上海的一家大型房地产开发商，刚开始公开认购，就已经被一抢而空。

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Shui On late Wednesday pointed to previous disclosures that described terminating the contracts in the spring, resulting in a loss of 115 million yuan.

瑞安房地产周三晚间称，该公司此前已经披露过，它早在今年春天就已对这些掉期合约作了平仓处理，并录得损失人民币1.15亿元。

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Taxi Driver: Is it the one on Xiu Shui Street?

出租车司机：是在秀水街的那个么？

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Xintiandi, originally a haven for expatriates, is now Shanghai's number one tourist attraction for Chinese visitors, says Vincent Lo, chairman of Shui On.

ECONOMIST: China

On Monday, Shui On said that China Xintiandi has submitted an application to list in Hong Kong with the stock exchange, and funds raised will go toward expansion.

WSJ: Shui On Land's China Xintiandi Plans $1 Billion Hong Kong IPO

"We see (overall) market transactions picking up, as the government is making it easier for first-time home buyers, " said Vincent Lo, chairman of Shanghai-based developer Shui On Land Ltd.

WSJ: China Steps Up Support for Parts of Housing Market