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  • September 17, 2014
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  1. Business - Comment - THE VIEW

    Building blocks needed in Hong Kong's political development

    Posted Sep 16th 2014, 02:59pm by Richard Wong

    ... government, a free enterprise economy, civil liberties, and the rule of law would inevitably be overwhelmed by populism, through the development of democracy. This narrative sees democracy ... to be bridged. To them, progress in 2017 would be an important step towards reducing the uncertainties of political development. This could improve governance, restore the capacity to adopt sound ...

    http://www.scmp.com/comment/insight-opinion/article/1593825/building-blocks-needed-hks-political-development
  2. Property - Hong Kong & China - DEBT

    Mainland developers boost fundraising in Hong Kong

    Posted Sep 16th 2014, 04:29pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Mainland property firms taking advantage of low interest rates in Hong Kong to raise funds in case coming winter is blighted by poor sales Developers make full use of cheap fundraising in HK Mainland developers have stepped up their fundraising in Hong Kong to safeguard against a winter chill in case sales disappoint during the crucial ...

    http://www.scmp.com/property/hong-kong-china/article/1593887/mainland-developers-boost-fundraising-hong-kong
  3. Property - Hong Kong & China - FUNDRAISING

    Developer Cifi has no need for rights issue, says chairman Lin Zhong

    Posted Sep 16th 2014, 11:54am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Medium-sized developer Cifi Holdings (Group) has no plans to follow its peers in launching a rights issue, given the company’s financial health, chairman Lin ... instruments in the capital market. But any fundraising decision would be based on three criteria: the move helped the company’s development, was good for shareholders and that it served the company’s ...

    http://www.scmp.com/property/hong-kong-china/article/1593174/developer-cifi-has-no-need-rights-issue-says-chairman-lin
  4. Property - Hong Kong & China - PROPERTY

    Developers keen as MTR's Tai Wai residential project up for tender

    Posted Sep 16th 2014, 03:15am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Improved market sentiment boosts interest in prime location, with 23 developers responding Developers keen as MTR's Tai Wai site back in play MTR Corp's Tai Wai Station residential project yesterday received an overwhelming response, with 23 developers expressing interest in the property, compared to the 15 expressions of interest when ...

    http://www.scmp.com/property/hong-kong-china/article/1593409/developers-keen-mtrs-tai-wai-residential-project-tender
  5. Comment - Insight & Opinion - BRICKS & MORTAR

    Rising wages for construction workers pressure mainland developers

    Posted Sep 15th 2014, 02:44pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Construction boom forcing firms to pay more to recruit workers as HK also under strain Mainland developers feel pressure of rising wages Hong Kong developers ... of a leading mainland developer, Bricks & Mortar was told that a lack of skilled manpower was creating headaches in the industry. Developers are needing to pay more to recruit workers amid ...

    http://www.scmp.com/comment/insight-opinion/article/1593085/rising-wages-construction-workers-pressure-mainland
  6. Comment - Insight & Opinion - MY TAKE

    Canny developers exploiting loophole at the expense of minority owners

    Posted Sep 13th 2014, 04:29am by Alex Lo

    ... Alex Lo alex.lo@scmp.com Developers exploiting property loophole Few people outside its neighbourhood have heard of Leung Faat Noodle Shop. But its fight with a subsidiary of Lai Sun Development should concern us because it involves a basic private property right. It could leave gaping loopholes for developers to exploit at the expense of minority flat owners on old private ...

    http://www.scmp.com/comment/insight-opinion/article/1591220/canny-developers-exploiting-loophole-expense-minority-owners
  7. Property - Hong Kong & China - EARNINGS

    SHKP sees tough times ahead for property developers in Hong Kong

    Posted Sep 13th 2014, 04:08am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Greater competition for buyers and heavy subsidies on taxes will hit profit of city's property firms next year, the developer warns market SHKP sees tough times ahead for developers Sun Hung Kai Properties, the city's largest developer by market value, expects competition to heat up next year, with heavy subsidies on stamp duties to cut ...

    http://www.scmp.com/property/hong-kong-china/article/1591291/shkp-sees-tough-times-ahead-property-developers-hong-kong
  8. Business - Companies - FUNDRAISING

    Tian Shan Development to raise HK$100m from bond sale

    Posted Sep 12th 2014, 10:58am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Chinese developer Tian Shan Development plans to raise HK$100 million in working capital by issuing bonds within six months, the company said late ... or be converted to shares. GEO Securities is the placing agent. The developer reported a net loss of 13.6 million yuan (HK$17.1 million) in the first half, despite a 12.9 per cent year-on-year gain ...

    http://www.scmp.com/business/companies/article/1590736/tian-shan-development-raise-hk100m-bond-sale
  9. Business - China Business - ACQUISITIONS

    China Shipping Development pays HK$1b to boost stake in Beihai Shipping

    Posted Sep 12th 2014, 12:41pm by JING YANG

    ... Jing Yang jing.yang@scmp.com China Shipping Development, the country’s largest tanker operator by fleet size, is acquiring a 20 per cent stake in a mainland tanker company for HK$1 billion from parent China Shipping (Group) in a bid to capitalise on the growth of hauling petroleum along China’s coast and inland waterways. The latest purchase raises China Shipping Development ...

    http://www.scmp.com/business/china-business/article/1590787/china-shipping-development-pays-hk1b-boost-stake-beihai
  10. Business - China Business - PROPERTY

    Socam Development leads with 30pc price cuts to woo homebuyers in Chengdu

    Posted Sep 12th 2014, 10:32am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Socam Development joins rush to reduce inventory and boost cash flow before end of peak buying season on the mainland Chengdu project prices cut by 30 pc Hong Kong-listed Socam Development has slashed prices at a residential project in Chengdu, Sichuan province, by 30 per cent to speed up sales. Developers on the mainland are expected to deepen ...

    http://www.scmp.com/business/china-business/article/1590726/shui-land-leads-30pc-price-cuts-woo-homebuyers-chengdu

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