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Portugal
16 March 2023

Real estate investment in Portugal jumped 67 percent in 2022
Real estate investment in Portugal jumped 67 percent in 2022 to EUR 3.3 billion, according to a new report by real estate consultancy Savills.
08 March 2023

Portugal´s REN reports profit increase of 15% in 2022
REN, Portugal´s energy infrastructure company whose largest shareholder is China State Grid, reported a net profit increase of 15% YoY in 2022, to EUR 111.8 million.
06 March 2023

End of Portugal ‘Golden Visas’ leads to application rush in Hong Kong
Wealthy Hong Kong residents from overseas have rushed to apply for permission to live in Portugal amid fears their emigration plans could be dashed after the country said it planned to end its investment-linked visa scheme.
06 March 2023

Singapore’s GIC to invest EUR 1bn to acquire a stake in Portugal’s EDP Renovaveis
Singapore’s GIC has committed to investing EUR 1 billion to acquire a stake in Portugal’s EDP Renovaveis (EDPR), which is planning to raise equity to fund a EUR 21 billion expansion plan to invest in renewables.
02 March 2023

EDP launches EUR 1 billion capital increase to gain full control of EDP Brasil
EDP wants to buy the 44% of EDP Brasil that it does not control and to finance the offer it is preparing a capital increase of EUR 1 billion, 600 million of which will come from its largest shareholders, including the biggest, China Three Gorges.
28 February 2023

Millennium bcp reports 51% rise in net income to EUR 207.5 million
Millennium bcp, whose biggest shareholder is China´s Fosun, reported 51% rise in net income in 2022, to EUR 207.5 million.
28 February 2023

EDP Renováveis profit rises to EUR 671 million in 2022
EDP Renováveis (EDPR), the renewables subsidiary of Portugal´s EDP whose biggest shareholder is China Three Gorges, saw profit rise slightly in 2022 to EUR 671 million (USD 709.4 million). 
27 February 2023

Macao government chief expects Macao Forum ministerial conference in 2023 after 4-year postponement
Macao government chief Ho Iat Seng expects the sixth ministerial conference of the Macao Forum, postponed since 2019, to be held this year.
27 February 2023

Chinese ambassador in Portugal visits Quinta da Marmeleira winery
Chinese ambassador to Portugal Zhao Bentang visited the Quinta da Marmeleira winery in the outskirts of the Portuguese capital, an investment by Wu Zhiwei, a leading entrepeneur from Macau.
22 February 2023

Portuguese-speaking countries business council leader discusses Macao ties with businessman Wu Zhiwei
Portuguese-speaking countries Business Confederation (CE-CPLP) leader Nelma Fernandes met with Macao businessman, Wu Zhiwei to discuss ties with the Chinese Special Administrative region.
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