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  1. Cheung Kong holds out for higher prices

    Posted Jun 28th 2005, 12:00am by Staff Reporter

    ... Ernest Kong and Robin Kwok Cheung Kong (Holdings) said yesterday that it would sell only about 60 per cent of the available units at the Legend development this year, citing strong ... units. 'The developer has not informed us that up to 40 per cent of the units will be sold next year,' he said. 'I am quite sure that Cheung Kong will keep selling if the demand ...

  2. Cheung Kong bags Tsuen Wan site for HK$9.6b

    Posted Aug 11th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Cheung Kong (Holdings) has surprised the market by acquiring a residential site on the Tsuen Wan waterfront for HK$9.631 billion, substantially more than ... or HK$3,788 per square foot. Cheung Kong, however, made an offer of HK$4,308 per sq ft plus 5 per cent of the total net profit, outbidding five other suitors. Not only is the offer price higher than ...

  3. Cheung Kong says it won't scale back

    Posted Aug 03rd 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Cheung Kong will not reduce its investments in Hong Kong despite escalating construction costs that are making it increasingly difficult for developers to run ... announcing Cheung Kong's interim results for the six months to the end of June- including a 9 per cent fall in core earnings to HK$7.57 billion, excluding the contribution from subsidiary ...

  4. Cheung Kong drops Deloitte for PwC

    Posted Apr 11th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Cheung Kong plans to drop its auditor, Deloitte Touche Tohmatsu, which has been checking its books since the property company was listed in 1972, ... to improve efficiency, consistency and more timely reporting. Ip (pictured) said while the audit of Cheung Kong was relatively straightforward, the work at Hutchison was more complex. ...

  5. Cheung Kong's core assets likely to drive growth

    Posted Mar 26th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Despite an uncertain outlook in the property sector, analysts say developer Cheung Kong should see sustainable medium-term growth, thanks to its diversified ... should still attract buyers. 'Cheung Kong mainly focuses on units valued at HK$5 million to HK$6 million each,' said Lau, who expects to see 10 per cent growth in home prices this year. ...

  6. Row over Cheung Kong chief's tax blog escalates

    Posted Apr 30th 2011, 12:00am

    ... Fanny W. Y. Fung A powerful developers' group and the government are at loggerheads over Cheung Kong Real Estate director William Kwok Tze-wai's comment that a measure to curb ... prospective homebuyers to believe the Cheung Kong housing estate in Tai Wai to which he referred was immune from the proposed special stamp duty. On Wednesday, the Transport and Housing Bureau ...

  7. Cheung Kong raises selling prices

    Posted Feb 16th 2012, 12:00am

    ... Paggie Leung paggie.leung@scmp.com Cheung Kong plans to sell a further 72 flats at its Festival City project in Tai Wai at prices slightly higher than those sold two months ago, saying ... adjusted prices upwards by 1 to 2 per cent,' Cheung Kong Real Estate director William Kwok Tze-wai said. 'Transaction volume in the secondary home market has gone up and sales of new ...

  8. Cheung Kong sees big rise in profits

    Posted Aug 05th 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com Cheung Kong (Holdings) posted a 10 per cent rise in interim core earnings, which exclude the contribution from its associate Hutchison Whampoa, to HK$10.12 ... HSBC Holdings chief executive Stuart Gulliver said the Hong Kong dollar would be better off linked to a basket of currencies rather than being pegged to a single currency, as it is now. Cheung ...

  9. Property - Hong Kong & China - LAND SALE

    Cheung Kong's aggressive bid for Tsuen Wan site boosts sentiment

    Posted Aug 15th 2012, 12:00am by Yvonne Liu

    ... Cheung Kong's aggressive tender bid for the Bayside site has raised the mood of the market and triggered confidence among home sellers Aggressive bidding by Cheung Kong for a Tsuen Wan site up for tender last week has signalled a turnaround in sentiment and triggered new confidence among home sellers. Cheung Kong won the tender for the Tsuen Wan TW5 Bayside commercial ...

  10. ICAC inquiry may assist Cheung Kong

    Posted Apr 09th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Property developer Cheung Kong (Holdings) might be a beneficiary of the corruption cloud hanging over senior executives of rival developer Sun Hung Kai Properties. Property funds mandated to invest only in property stocks may be switching their Sun Hung Kai Properties holdings into Cheung Kong shares to avoid potential litigation in the wake ...




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