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  • September 3, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Drop in mainland China home prices causing alarm

    Posted Sep 01st 2014, 04:10am by DANIEL REN; LANGI CHIANG

    ... "The price is very attractive," said Zhou, a senior manager at Century 21 China Real Estate. "But luxury homes don't sell fast these days." Hangzhou is where China ... mortgage loans of 10.7 trillion yuan, as of the end of June, still accounted for 14 per cent of the country's total lending, according to data from the People's Bank of China. ...

    http://www.scmp.com/property/hong-kong-china/article/1582415/drop-mainland-china-home-prices-causing-alarm
  2. Property - Hong Kong & China - PROPERTY

    Leading developers back in the hunt for more land

    Posted Sep 01st 2014, 04:10am by Peggy Sito

    ... World and China Vanke jointly bought one. Cheung Kong made no purchase, leaving only SHKP and Wheelock Properties as the two big developers in the market. Many sites were bought by smaller ...

    http://www.scmp.com/property/hong-kong-china/article/1582417/leading-developers-back-hunt-more-land
  3. Business - Companies - PROPERTY

    Developer China Vast profit drops 17.7pc

    Posted Aug 29th 2014, 11:03am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com China Vast Industrial Urban Development, a Chinese developer newly listed in Hong Kong, reported on Friday morning that its net profit dropped 17.7 per cent ... yuan as a result of an increase in interest rates on its trust loans and other loan facilities. China Vast borrowed US$100 million in April at an interest rate of 15.76 per cent with an initial ...

    http://www.scmp.com/business/companies/article/1581660/developer-china-vast-profit-drops-177pc
  4. Business - Companies - PROPERTY

    Chinese Estates profit down 42.5pc

    Posted Aug 28th 2014, 03:47pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Chinese Estates Holdings posted a 42.5 per cent fall in first-half core profit to HK$1 billion due to a sharp decline in property sales. Net profit, including property revaluation gains, dropped 45.19 per cent to HK$2.45 bil ...

    http://www.scmp.com/business/companies/article/1581439/chinese-estates-profit-down-425pc
  5. Business - China Business - PROPERTY

    Logan Property core profit jumps by two-thirds as turnover rises 43pc

    Posted Aug 28th 2014, 02:18pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Shenzhen-based Logan Property posted a jump of 66.3 per cent in first-half core profit to 679.6 million yuan (HK$854 million). Turnover over the period rose 43.4 per cent year on year to 4.78 billion yuan, while net profit, ...

    http://www.scmp.com/business/china-business/article/1581430/logan-property-core-profit-jumps-two-thirds-turnover-rises
  6. Property - Hong Kong & China - PROPERTY

    Hainan cracks down on idle land parcels

    Posted Aug 25th 2014, 03:31am by Langi Chiang

    ... can the government get money for infrastructure construction? So the government needs to recover the land and reauction them for development," Lin told the South China Morning Post ...

    http://www.scmp.com/property/hong-kong-china/article/1580469/hainan-cracks-down-idle-land-parcels
  7. Property - Hong Kong & China - PROPERTY

    Chinese finance firms target Central offices

    Posted Aug 18th 2014, 03:56am by Peggy Sito

    ... expansion plans. China Cinda expanded its office to a whole floor in AIA Central, while China Securities International leased a 13,000 sq ft space at Two Exchange Square. Mainland firms account ...

    http://www.scmp.com/property/hong-kong-china/article/1575679/chinese-finance-firms-target-central-offices
  8. Property - Hong Kong & China - PROPERTY

    China property policies undergoing renovation

    Posted Aug 18th 2014, 03:56am by Langi Chiang

    ... are asking whether they will come back. "It's almost certain that China will not resort to such government interventions again," said Li Enping, a senior researcher at the Chinese ... However, he said first-tier cities would need to retain some sort of home-purchase restrictions so that people would not flock to them. Xu Wei, a senior researcher at the China Centre ...

    http://www.scmp.com/property/hong-kong-china/article/1575688/china-property-policies-undergoing-renovation
  9. Business - China Business - PROPERTY

    China Overseas Land’s contracted sales drop 45pc despite lifting of curbs

    Posted Aug 14th 2014, 09:37am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com China Overseas Land and Investment said contracted sales plunged 45 per cent last month from the previous month to HK$9.32 billion, a possible sign that a relaxation in housing policies on the mainland has failed to stimulate demand. Hong Kong-listed China Overseas Land is the biggest mainland developer by market value. The firm’s contracted sales ...

    http://www.scmp.com/business/china-business/article/1573320/china-overseas-lands-contracted-sales-drop-45pc-despite
  10. News - China - PROPERTY

    Developer Socam rejects Beijing Jingda's writ accusing it of document theft

    Posted Aug 14th 2014, 03:04am by Sandy Li

    ... Sandy Li sandy.li@scmp.com HK-listed firm counters claims by developer of upmarket home project Socam denies Beijing villa document theft Hong Kong-listed Socam Development yesterday rejected claims that it stole financial documents belonging to a mainlan ...

    http://www.scmp.com/news/china/article/1573078/developer-socam-rejects-beijing-jingdas-writ-accusing-it-document-theft

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