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  • July 12, 2014
  • Last updated: 8:43pm
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  1. Property - Hong Kong & China - Tax

    As China drafts property tax law, fate of pilot programme up in the air

    Posted Mar 11th 2014, 02:29pm by Langi Chiang

    ... as they interpreted it as a move to suspend the trial scheme until the law is ready. "The property tax is an issue that has plagued the market for a long time," Yu Liang, president of China Vanke, ...

  2. Business - China Business - RETAILING

    Shanghai outlet centre to promote affordable Italian luxury

    Posted Feb 27th 2014, 10:21am by Daniel Ren

    ... an institute to develop mainland fashion designers. "A developed and healthy luxury market in China will benefit the country's move to push its products up the value chain with excellent ... cheaper in offshore markets, owing partly to higher mainland import taxes. China, despite its increasing economic might, has not developed a single established luxury brand, with mainland ...

  3. Mainland markets plummet

    Posted Jul 17th 2012, 12:00am

    ... promises of support to the economy and the market will only trigger short rallies, so they are not buying it any more,' West China Securities trader Wei Wei said. 'The officials may feel ... In the broader Asian market yesterday, stocks rose as regional investors pinned hopes on China's stimulus measures. The MSCI Asia Pacific excluding Japan gained 0.3 per cent, while the Hang Seng ...

  4. Business - China Business - MR. SHANGKONG

    Greedy Shanghai taxi drivers show the 'evil' side of new technology

    Posted Mar 03rd 2014, 02:59am by George Chen

    ... but of course those marketing efforts will not last forever. As a result, those who don't use taxi-booking apps find it extremely difficult to hail a taxi on the street in Shanghai. It shows how ...

  5. News - Hong Kong - SOCIETY

    Unlucky in love … or just left out of the market?

    Posted Mar 04th 2013, 12:00am by JOANNA CHIU

    ... Unlucky in love … or just left out of the market? The number of never-married women has increased in both Shanghai and Hong Kong over the last decade. But while these so-called leftover women ... of them want to get married, but because of gender constraints where women are expected to be less successful than their husbands, they get left out of the marriage market," said To. ...

  6. HK, mainland markets take fall

    Posted Mar 24th 2012, 12:00am

    ... over the outlook for both the global and mainland economy. The market correction cast a shadow over a raft of mega initial public offerings (IPOs) in the pipeline, some of which were making a renewed effort to raise funds amid the recent recovery after earlier postponing their listing plans because of poor market sentiment. The Hang Seng Index lost 1.11 per cent to end at 20,668.8 ...

  7. Business - Banking & Finance - EXPANSION

    CIMB puts China at heart of growth push

    Posted Aug 19th 2013, 12:00am by George Chen, Ray Chan

    ... of growth push Regional banking group CIMB, which acquired key Asian assets of Royal Bank of Scotland last year, is targeting China for rapid business expansion outside its home market in Malaysia. ... to help them expand business outside their home market, Zhao said. Earlier this month, CIMB and China's biggest e-commence company Alibaba agreed to join forces to start an electronic payment ...

  8. Business - China Business - ART

    Chinese art buyers help Christie's to record sales year

    Posted Jan 22nd 2014, 05:02pm by George Chen

    ... awareness of the importance and responsibilities of art dealers and buyers will help create a healthy market to promote art [in China]." Besides China, Christie's last year saw significant ... drove up Christie's sales by 14 per cent to US$7.13 billion last year, a record high not just for the British auction house but for any company ever in the art market. In 2013, Chinese ...

  9. Business - Banking & Finance - BANKING

    Shanghai allows city-owned firm to buy bad loans from local banks

    Posted Mar 07th 2014, 02:40pm by Reuters

    ... non-performing loans and other assets from local financial institutions, rather than creating a new entity, China Business News reported, citing a source close to the firm's parent company. Shanghai ...

  10. News - China - Shanghai

    At least five dead in Shanghai market blaze, several injured

    Posted Jan 07th 2013, 09:31am by Ernest Kao

    ... Ernest Kao A fire at a wholesale market in Shanghai’s Pudong district has left at least five people dead and scores injured, according to the Xinhua news agency. The fire broke out at about 8.30pm on Sunday at the Shanghai Agricultural Products Wholesale Market along Shanghai South Highway No 2000 in Pudong New Area, the city’s main commercial district. Firefighters struggled ...




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