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  • April 18, 2014
  • Last updated: 2:00pm
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  1. Property - Hong Kong & China - EARNINGS

    Nan Fung finds ways to reduce construction costs

    Posted Apr 01st 2014, 02:49pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Soaring labour charges and limited prospect for higher home prices forcing developer to adopt strategies to boost productivity and cut costs Nan Fung mulls ways to keep profit margins Facing soaring construction costs and fa ...

  2. Property - Hong Kong & China - EARNINGS

    Wheelock sticks to property sales target of HK$10b

    Posted Mar 29th 2014, 01:14am by Peggy Sito

    ... Directors declared a dividend of 65 HK cents a share, bringing the full-year dividend to HK$1, down from HK$1.10 in the prior year. There are different views on the outlook for the city’s housing ... billion despite the market uncertainties last year and expressed hope it could repeat the sales result in 2014. "There are different views on the outlook for the city's housing market, ...

  3. Property - Hong Kong & China - EARNINGS

    Hopson Development profit soars but still underperforms

    Posted Mar 28th 2014, 01:41am by Langi Chiang

    ... in Ningbo earlier this month. All this happened against a backdrop of the mainland housing market showing signs of cooling off, with some developers starting to cut prices to boost sales in the past ...

  4. Property - Hong Kong & China - EARNINGS

    Developer K Wah gears up to boost investment property stock

    Posted Mar 27th 2014, 01:01am by Yvonne Liu

    ... our focus to the mainland only. We will continue to invest equally in Hong Kong and on the mainland," Lui said that as demand for housing was strong in Hong Kong and on the mainland, ...

  5. Business - China Business - EARNINGS

    Shimao Property seals mortgage loan deal with banks

    Posted Mar 26th 2014, 06:34am by Sandy Li, Langi Chiang

    ... "With such a financial arrangement with banks, it will help to speed up our sales as our customers will manage to secure housing loans more easily." The firm has raised its annual sales ...

  6. Property - Hong Kong & China - EARNINGS

    Henderson Land turns positive after 26pc profit gain

    Posted Mar 21st 2014, 01:04am by Peggy Sito

    ... revenue growth in coming years, he said. The positive note was sounded despite a softening of the housing market in the city. A Centaline Property Agency index that tracks second-hand home prices at 100 housing estates dropped 0.7 per cent week on week to 117.18 last week, extending the year-to-date losses to 1.6 per cent. The company's net profit, which included the fair-value ...

  7. Business - Companies - EARNINGS

    Li & Fung profit soars as brand spin-off eyed

    Posted Mar 21st 2014, 01:04am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Trader to create new company to house its licensee brands Li & fung profit soars amid spin-off plans Global trading group Li & Fung said operating profit for 2013 soared 70 per cent to US$871 million as it announced an acquisition to change its business mix and said it is seeking to spin off its licensee brands business into a separate ...

  8. Property - Hong Kong & China - EARNINGS

    China Vanke targets small Chinese cities as rivals pull out

    Posted Mar 07th 2014, 01:12am by Langi Chiang

    ... cities, which we think is an opportunity," he said. Yu said he was not worried about the housing market in the next 15 years because urbanisation and the relaxation of the one-child policy ... "A by-product is that we can offer rich families barred from the domestic housing market an investment option." ...

  9. Business - Companies - EARNINGS

    MTR looks to key property project after profit dip

    Posted Mar 11th 2014, 05:58pm by Charlotte So

    ... Mo-po criticised the company for not pulling its weight in the tendering of the Tin Wing project. Chan even threatened on March 2 to reclaim the land for public housing, saying that discussions ...

  10. Business - Companies - EARNINGS

    OOIL's net profit tumbles 84pc on shipping overcapacity

    Posted Mar 10th 2014, 12:30pm by Charlotte So

    ... and supply growth, however, will narrow this year, according to the views of 13 brokerage houses and consultancies cited by the company. "It was not common for shipping lines in Asia to make ...




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