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  1. China Properties earnings soar

    Posted Jul 31st 2007, 12:00am by Nevin Nie

    ... Nevin Nie China Properties Group, the mainland developer focusing on large-scale projects, said first-half net profit soared about 10 times as it sold more homes and booked some deferred ... sales rose 37 per cent to HK$18.3 billion, mainly generated from selling units at Shanghai Cannes, a large residential complex in the outskirts of the city. China Properties also booked gains ...

  2. Business - China Business - REAL ESTATE

    Property players look abroad to avoid controls

    Posted Aug 22nd 2012, 12:00am by Sandy Li

    ... markets. The visit was a wake-up call, the 30-year-old Fang said. It was time to make the shift to marketing overseas properties on the argument that, unlike China, offshore markets were free from ... and head of research for China at property consultancy CB Richard Ellis. "We have seen a number of developers signalling an interest in expanding overseas, and in most cases they have ...

  3. Kerry Properties beats expectations

    Posted Mar 16th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Kerry Properties generated better-than-expected contract sales last year, and has set a contract sales target of HK$10 billion for 2012. The developer earned ... Properties president Wong Siu-kong said housing demand on the mainland remained strong, though sales were sluggish because of tight credit conditions and restrictions on the buying of second homes. ...

  4. Property sector beats a retreat

    Posted Dec 13th 2007, 12:00am by Peggy Sito

    ... estate market. Analysts said investors rushed to sell as confidence in the mainland market sank. They said sentiment was further eroded by the cloudy economic outlook in the United States. China Vanke and Poly Real Estate Group - the two largest mainland listed real estate developers by market value - fell to their lowest levels in two weeks. China Vanke fell 3.96 per cent to 31.02 yuan ...

  5. Beijing urged to keep its foot on property brake

    Posted Dec 10th 2011, 12:00am

    ... the policy stance against property speculation,' it said. Property sales have slumped by more than half across the nation, prompting developers such as China Vanke, China Overseas Land and Investment and Longfor Properties to cut prices by 20 to 40 per cent to raise cash. China Overseas Land and Investment (Coli) on Thursday said its contracted sales tumbled by 48 per cent to HK$3.5 ...

  6. Business - China Business - PROPERTY

    Longfor Properties banks on lower profit margins in 2013

    Posted Aug 18th 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com The mainland developer voices confidence in better times ahead, with expectations that higher sales and investment properties will lift returns in future Longfor banks on lower profit margins in 2013 Mainland developer Longfor Properties is confident about its business outlook even though it expects a drop in gross profit margin next year. ...

  7. Business - China Business - PROPERTY

    Guangzhou R&F Properties shifts focus beyond first-tier cities

    Posted Aug 17th 2012, 12:00am by Yvonne Liu

    ... Guangzhou R&F Properties plans to increase investment in second- and third-tier mainland cities as the industry shifts its focus to the housing demand of end-users in the coming years. Chairman Li Sze-lim said yesterday: "If we want to achieve a large property sales volume, we have to target end-users. The demand from end-users in second- and third-tier cities is stronger ...

  8. Property developer builds talent bank

    Posted Feb 24th 2012, 12:00am

    ... Hilda Poon Large-scale property developers from Hong Kong and China have continued to acquire land and construct buildings on the mainland, creating job opportunities for real estate professionals in the city, where property market sentiment remains overcast. Hang Lung Properties (HLP) is using the downturn in the property market on the mainland to increase its land bank. It has ...

  9. Property fund eyes profit in squeeze

    Posted Oct 26th 2011, 12:00am

    ... be a consolidation of the property development industry in China,' the real estate fund's founder and managing director, Suchad Chiaranussati, said. 'Developers with less healthy balance ... initiatives it has undertaken to restrict property purchases,' the report said. RECAP believes there will be opportunities to invest in commercial, retail and hospitality assets in China over ...

  10. Property firms cash in on listing frenzy after HK$290b in orders

    Posted Sep 28th 2007, 12:00am by Nevin Nie

    ... Wong Ka-chun, Maria Chan and Nevin Nie Retail investors have placed HK$290 billion of orders for the initial public offering of two mainland property firms, China Aoyuan Property Group and Soho China, betting that the stocks will gain on debuts amid the recent new listing frenzy. Guangdong-based China Aoyuan received HK$70 billion worth of retail orders, 190 times the amount ...




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