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  • July 25, 2014
  • Last updated: 3:26pm
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  1. Rail firms hit by minister's downfall

    Posted Feb 24th 2011, 12:00am by Toh Han Shih

    ... Toh Han Shih Chinese railway companies saw their share prices dragged lower by the downfall of railway minister Liu Zhijun. Since February 14, shares of Midas Holdings plunged 21.1 per cent to HK$4.40 despite the Hong Kong and Singapore-listed firm winning two contracts totalling 83.5 million yuan (HK$98.7 million) in Turkey and Malaysia, while CSR Corp fell 10.7 per cent ...

  2. Railways to stay in hands of state

    Posted May 11th 2011, 12:00am

    ... to rampant graft. Former railways minister Liu Zhijun was sacked in February on suspicion of corruption linked to tenders for lucrative construction projects. In his online chat with internet users ...

  3. Business - Companies

    High building costs to limit price falls

    Posted Sep 26th 2013, 04:11pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com NWD chief Henry Cheng sees declines capped at about 10pc, after developer lifts core profit 26pc High building costs to limit price falls Rising construction costs will act as a brake on falling property prices, limiting any declines to about 10 per cent, says New World Development chairman Henry Cheng Kar-shun. "The fall in prices ...

  4. News - World - UNITED STATES

    US lawmakers call for Chinese embassy’s Washington street to be renamed in honour of dissident Liu Xiaobo

    Posted May 30th 2014, 09:31am

    ... to be renamed in honour of jailed dissident Liu Xiaobo ahead of the 25th anniversary of the Tiananmen Square crackdown. A diverse group of US House members said that a name change on at least a section ... on the wrong side of history,” the lawmakers said in a letter to Mayor Vincent Gray and the District of Columbia Council. Liu, a writer, was jailed over his involvement in Tiananmen Square. Later, ...

  5. Business - Companies

    Hongkong Land to bring four buildings under 'Landmark' brand

    Posted Oct 03rd 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Hongkong Land to expand its 'Landmark' brand Hongkong Land, the largest landlord in Central, is rebranding its four major shopping properties under the "Landmark" brand, in anticipation of further increases in retail rents. Under the plan, "Landmark" will no longer be limited to the shopping atrium of The Landmark - a retail, office ...

  6. News - Hong Kong

    Hong Kong government set to miss its land release target for fiscal year

    Posted Sep 27th 2013, 07:32pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Figures suggest that government will have met 60pc of its target by the end of the year Officials set to miss land release flats target The government is set to miss its land release target for the fiscal year that aims to provide 13,600 flats throughout Hong Kong. Eight residential and one commercial site will be released in the October-December ...

  7. Business - Property - PROPERTY

    Mainland developers pay price for land acquisitions

    Posted Oct 02nd 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com After shelling out heavy premiums on mainland sites in recent months, property firms may face profit squeeze amid the cooling measures Developers pay price for land acquisitions Developers may have left themselves very little room for profits by paying high prices for sites on the mainland in recent months, say analysts. "It's 2009 and 2010 ...

  8. News - Hong Kong

    Developers may benefit if green-belt areas in Hong Kong are opened up

    Posted Sep 27th 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Property giants have been snapping up green-belt land for years, but their development plans have been blocked for environmental reasons Developers eye a bite of the green belt The opening up of a debate about housing development in country parks is being watched with interest by the city's developers, not least because it increases ...

  9. News - China

    China ex-railway boss goes on trial for corruption

    Posted Jun 08th 2013, 04:51pm by Associated Press in Beijing

    ... Liu Zhijun, who spearheaded China’s showcase bullet train network when he oversaw the powerful ministry. Sunday is a work day in China because of rescheduling to accommodate an upcoming national holiday. Liu’s lawyer, Qian Lieyang, confirmed the trial date and said he plans to argue for the charges to be reduced to misdemeanours during the trial. Prosecutors have said Liu ...

  10. Property - Hong Kong & China

    Luxury flats still a big draw for developers

    Posted Sep 27th 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Despite cooling measures hitting demand, big profit margins mean construction of high-end flats is still popular among some developers Luxury flats still a big draw for developers Higher profit margins are encouraging some developers to continue to build luxury flats even though the high-end residential market has been hardest hit ...




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