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  • July 30, 2014
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  1. Shenzhen Investment to slow land acquisitions after reaching target

    Posted Oct 02nd 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Shenzhen Investment, the property arm of the municipal government, plans to slow land acquisitions from next year if it manages to add plots with a total gross floor area ... eight to nine years, he said. Next year's acquisition target would be two million sq metres. Mr Zhang also said his company was in talks with local authorities on site acquisitions ...

  2. Maoye chief steers IPO after acquisition test of fire

    Posted Jan 14th 2008, 12:00am by Carol Chan

    ... Jasmine Wang and Carol Chan When Huang Maoru, considered to be one of the richest men in Shenzhen, ventured out of the special economic zone to make his first acquisition in Sichuan ... of his most memorable challenges with the South China Morning Post before the listing of his retail unit in Hong Kong. He recalled that the acquisition target, the 50-year-old state-owned ...

  3. Acquisitions aid 45pc jump in AXA income

    Posted Aug 11th 2007, 12:00am by Andy Chen

    ... Andy Cheng Global insurer AXA's Hong Kong unit plans to tap bancassurance and medical insurance businesses after posting a 45 per cent increase in first-half earnings on higher investment gain and acquisitions. The company last month started bancassurance business in the city after teaming up with Citibank Hong Kong. The tie-up allows it to sell products through ...

  4. Wing Hang sets sights on asset acquisitions

    Posted Mar 16th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu Wing Hang Bank will continue to look for acquisition opportunities in Hong Kong, Macau and the mainland after its HK$1.4 billion purchase of a car financing company two months ... or HK$5.65 per share. The bank will pay a final dividend of HK$2 per share. 'When opportunity arises, Wing Hang Bank will not miss the chance to expand by acquisitions,' Mr Fung said. ...

  5. Share-buy splurge backfires on firm

    Posted Nov 23rd 2011, 12:00am

    ... Charlotte So charlotte.so@scmp.com Catic Shenzhen Holdings seems to have failed to impress investors with its big-ticket acquisition plan, as its stock dropped more than 7 per cent ... acquisition plan from its parent, Avic International, aimed at diversifying its business. Catic, which is involved in electronics manufacturing, property investment and watchmaking, said it has agreed ...

  6. Shimao warns fierce bidding at land sales may fuel bubble

    Posted Jun 03rd 2009, 12:00am by Sandy Li

    ... rising land prices, Mr Hui said the firm would resume land acquisitions after generating about 10 billion yuan in contracted sales in the first five months. 'We are actively looking for land ... just edged up slightly in selected cities such as Shenzhen and Shanghai,' Mr Ngai said. Almost two years after suspending land acquisitions, developers had regained their appetite ...

  7. 4b yuan for Beijing site as developers bulk up

    Posted Jul 01st 2009, 12:00am by Sandy Li, Yvonne Liu

    ... Yvonne Liu and Sandy Li A residential site in Beijing's urban area attracted bids from 11 key developers yesterday and was sold for 4.06 billion yuan (HK$4.61 billion), as strong home sales over the past few months had encouraged developers to replen ...

  8. Xujiahui Centre gets nod for Shenzhen IPO

    Posted Oct 27th 2009, 12:00am by Staff Reporter

    ... Xujiahui Centre would use the proceeds to complete construction of an outlet in the city's southwestern Hongqiao area and fund acquisition of a stake in a neighbouring Huijin department store, ...

  9. China South City sales exceed expectations

    Posted Nov 13th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu China South City Holdings, which manages logistics operations and a wholesale shopping centre in Shenzhen, said it had met 83 per cent of this financial year's sales target. Chairman Ricky Cheng yesterday said it had planned to sell 108,00 ...

  10. Developers hungry to acquire land again

    Posted May 30th 2009, 12:00am by Sandy Li

    ... bidding by rival developers. Guangzhou R&F Properties became the owner of the 32,300 square metre development site in an acquisition that raised hopes but also questions about whether ... sites. The renewed interest comes after a long hiatus. Developers had frozen land acquisitions for almost two years in response to government austerity measures and a deteriorating outlook. Only ...




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