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  1. Surging prices keep buyers away

    Posted Sep 30th 2009, 12:00am by Chloe Lai, Yvonne Liu

    ... of this month from the same period last month. The sharp decline came despite the showcasing of properties in the annual Beijing Fall Home Show held early this month. 'Prices are too high. I'm ... are not cutting prices. I usually tell my clients it is still a good time to buy, because the market will be buoyant before the Asian Games,' he said. In Beijing, agents and developers are also ...

  2. Lenders offer 60b yuan credit line to Lize project

    Posted Jul 29th 2009, 12:00am by Staff Reporter

    ... Woods Lee in Beijing Twelve mainland banks have agreed to offer an initial 60 billion yuan (HK$68.07 billion) credit line to the Lize financial district in Beijing, which would ... eight billion yuan for the syndicate loan, with the remainder coming from Bank of Communications and six smaller lenders. With the loan, Beijing's municipal government hopes to turn 5.25 ...

  3. Beijing pledges job support for ailing light industry sector

    Posted May 19th 2009, 12:00am by Martin Zhou

    ... Martin Zhou in Beijing The central government aimed to create 3 million jobs over the next three years in the country's light industry under a detailed stimulus scheme unveiled ... Association. In the stimulus scheme, Beijing urged light industry manufacturers to boost employment by unleashing the potential of the rural markets to offset a plunge in exports. It also called ...

  4. Private sector to be allowed industrial investment role

    Posted May 26th 2009, 12:00am by Cary Huang

    ... Cary Huang in Beijing Beijing yesterday pledged to allow the private sector to invest in key sectors such as petroleum, railways, electricity, telecommunications and public utilities. All ... because of various restrictions. Last year, Beijing announced a 4 trillion yuan (HK$4.5 trillion) stimulus package, of which the central government will be responsible for funding 1.18 trillion ...

  5. Hong Kong

    Posted May 03rd 2009, 12:00am by Kristina Perez

    ... Kristina Perez Glancing at the exhibitor list for the upcoming Hong Kong International Art Fair, to be held between May 14 and 17, it is quickly apparent that Beijing galleries are making their presence known. Of the 100-plus galleries scheduled to attend Art HK 09, 22 are from Beijing, including heavy hitters Galleria Continua, Boers-Li Gallery, Pekin Fine Arts and Red Gate Gallery. ...

  6. Audit report lashes EOC spending

    Posted Apr 23rd 2009, 12:00am by Staff Reporter

    ... Albert Wong A report from the Director of Audit has criticised spending at the Equal Opportunities Commission ranging from a HK$15,200 dinner in Beijing to the payment of a HK$320 speeding ... commission employees visited Beijing on a four-day trip that cost HK$161,000, with meals alone costing HK$21,900, which included a staff lunch before the trip began. The report noted that the overall ...

  7. No recovery in sight yet for China property developers

    Posted Mar 24th 2009, 12:00am by Tom Holland

    ... value after Beijing tightened property regulations and cut off the supply of credit to the sector, bringing the mainland's real estate boom to an abrupt halt. Worried that highly leveraged developers would soon begin sliding into default, equity investors sprinted for the exits, sending property stocks into free fall. So when Beijing opened the credit taps again at the end of last ...

  8. Retired doctor volunteered seven years of her time

    Posted Aug 06th 2009, 12:00am by Raymond Li

    ... Raymond Li Even a year after the Beijing Olympic Games, Hu Zhiyun still remembers the frustration on the face of a British tourist who asked her for street directions. Dr Hu, a 74-year old ... on an impressive show during the six-week Beijing Olympics and Paralympics period. Dr Hu's quest to have some role in the Olympics began shortly after China won the bid for the Games in July 2001. ...

  9. Soho on track to achieve 10b yuan sales target

    Posted Oct 26th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Strong demand for office and retail space in Beijing is driving prices steadily higher and will help developer Soho China reach its contract sales target of 10 billion yuan ... prices at its three Beijing projects will have risen a total of 10 per cent from the start of the year. The Beijing-based firm is selling space in Sanlitun Soho, Zhongguancun Soho and Chaoyangmen ...

  10. Beijing bid to cool property prices ignored

    Posted Dec 31st 2009, 12:00am by Sandy Li

    ... Sandy Li At 80, sprightly Ho Sau is not yet ready to call it quits as a property investor. And she is not fazed by Beijing's recent threats to clamp down on the mainland property ... investors from Hong Kong and the mainland take a bullish view of the mainland's housing market. They appear oblivious to the wide array of steps Beijing has already taken to rein in soaring ...




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