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  • November 21, 2014
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  1. Property - Hong Kong & China - DEVELOPMENT

    Hong Kong needs to catch up on housing shortage

    Posted Nov 19th 2014, 04:36am by Peggy Sito

    ... in Hong Kong and mainland China as well as Southeast Asia. Griffiths said that in 1997, there was a plan to establish new towns in the New Territories but some were still being studied. Railway ... Kong learn from China, as the central government has built a lot of great cities in the past 10 years. "In six years, the Chinese people are going to live a very good quality ...

  2. Property - Hong Kong & China - HOUSING

    Experts see lengthy downturn, but no collapse for China's property sector

    Posted Jun 25th 2014, 01:30am by Peggy Sito

    ... of this year, the housing market has experienced downward pressure, hit by the tightened credit from banks to property-related companies, corporate bond defaults and a high-profile anti-corruption ... DTZ's head of residential, Greater China. Concessions have been seen in some cities, such as Wuxi in Jiangsu province lowering its entry level for residency via real estate investment. ...

  3. Business - Companies - HOTELS

    Wharf's new mainland hotel brand keeps it in the Polo family

    Posted Jul 08th 2014, 01:54am by Peggy Sito

    ... Expanding the hotel management business is seen as a long-term investment even though the mainland's high-end hotel market is getting competitive, Ng said in an interview with the South China ... City in Tsim Sha Tsui, it limits the hotels' redevelopment potential. "As we are building new hotels in China, it provides us more flexibility to upgrade the [hotel] products," ...

  4. Property - Hong Kong & China - BUYOUTS

    Glorious on the brink of HK$3 b privatisation

    Posted Oct 22nd 2013, 03:30am by Peggy Sito

    ... was considering making a buyout offer to independent shareholders, it said in a statement filed to the Hong Kong exchange. Zhang, who is also the largest shareholder in shipbuilder China Rongsheng Heavy ... to enjoy lower costs of funding and flexible financing channels," said Kenny Tang Sing-hing, a general manager at AMTD Financial Planning. David Hong, the head of research at China Real Estate ...

  5. Business - Companies

    New World and Wheelock to raise prices for 70 new Austin units

    Posted Oct 19th 2013, 03:12am by Peggy Sito

    ... not announced the launch date but show flats will be opened for viewing today. If [developers] want to grab corporate buyers and mainland buyers, they need sweeteners SHIH WING-CHING, CENTALINE Sizes ... extend the price war to their new launches of mass housing projects in the coming months. "If [developers] want to grab corporate buyers and mainland buyers, they need to introduce ...

  6. Property - Hong Kong & China - RETAIL

    Royal Selangor Pewter not deterred by high Hong Kong rent levels

    Posted Oct 02nd 2013, 12:00am by Peggy Sito

    ... "It is quite extreme and an unusual market." Royal Selangor will use its 2,000 square foot shop in Hollywood Road to showcase its full range of products for corporate clients. Together ...

  7. Developer says preference for rail firms in land supply is outdated

    Posted Jul 24th 2003, 12:00am by Peggy Sito

    ... A major property developer has joined a growing debate over the government's preferential land supply policy for Hong Kong's two railway firms, saying it is outdated. Hang Lung Properties chairman Ronnie Chan Chi-chung yesterday said the government had given the MTR Corp (MTRC) and Kowloon-Canton Railway Corp (KCRC) land-development rights as an indirect grant to provide ...

  8. CRCC looks set for disappointing debut

    Posted Mar 13th 2008, 12:00am by Peggy Sito

    ... Wong Ka-chun and Peggy Sito China Railway Construction Corp (CRCC), the nation's second-largest railway constructor, looks set to join the growing list of initial public offering ... starts today. China Railway Construction was the most popular initial public offering in the past 10 years in terms of share demand, receiving more than HK$540 billion worth of orders from retail ...

  9. Property - International - INVESTMENT

    Property investors switch focus from East Asia to the West

    Posted May 01st 2013, 12:00am by Peggy Sito

    ... for opportunities outside of Hong Kong, says Piers Brunner, chief executive of Asia at property consultancy Colliers International. "We also see the same trend in Singapore and from China," said ... HK$2 million. That came on top of curbs such as the additional as stamp duties levied on foreign and corporate buyers. On the mainland, a pre-announced 20 per cent capital gains tax ...

  10. China Overseas Land weighs bid for Shell Electric

    Posted Oct 01st 2009, 12:00am by Peggy Sito

    ... China Everbright Group, sold its property assets following a central government order to banking and finance corporations to focus on their core businesses and move away from property ... Peggy Sito China Overseas Land & Investment plans to make a general offer of as much as HK$3.4 billion for Shell Electric Mfg (Holdings) that will allow the company to take control ...




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