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  • August 31, 2014
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  1. Sport - Hong Kong - GOLF

    Rory McIlroy has Hong Kong partly to thank for his golfing development

    Posted Aug 30th 2014, 09:15pm by Richard Castka

    ... Richard Castka World No 1 can trace at least part of his development to the city during his Faldo Series days connection Rory's HK The muscular young man kissing the Wanamaker Trophy in the gathering gloom at Valhalla this month stood in total contrast to the skinny young teenager who competed in the inaugural Faldo Series at Fanling in January 2005. The same beaming smile under ...

    http://www.scmp.com/sport/hong-kong/article/1581980/rory-mcilroy-has-hong-kong-partly-thank-his-golfing-development
  2. Property - Hong Kong & China - COMMERCIAL PROPERTY

    18 developers bid for first commercial site in Kowloon released in 16 years

    Posted Aug 29th 2014, 03:40pm by Yvonne Liu

    ... attracted 18 bidders yesterday. The commercial site at Middle Road, a former multi-storey car park next to the Sheraton Hong Kong Hotel and Towers, received bids from various developers and firms ... would be good no matter if the winning bidder built a hotel or an office," said Reggie Lai Yui-chung, project planning manager at Billion Development, a developer focused on office ...

    http://www.scmp.com/business/companies/article/1581691/rare-tsim-sha-tsui-site-attracts-17-developers
  3. Lifestyle - Family & Education - INSIGHT

    Teacher development policies need to be more ambitious

    Posted Aug 29th 2014, 03:48pm by ROBIN CHEUNG

    ... Robin Cheung life@scmp.com Time to step it up on professional development The continuing professional development policies for teachers and principals have been in practice for more than a decade. They allow schools to enjoy three paid days for staff development each academic year. Teachers and principals also have to undertake professional development in three-year cycles, each one ...

    http://www.scmp.com/lifestyle/family-education/article/1581686/teacher-development-policies-need-be-more-ambitious
  4. Business - Companies - PROPERTY

    Developer China Vast profit drops 17.7pc

    Posted Aug 29th 2014, 11:03am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com China Vast Industrial Urban Development, a Chinese developer newly listed in Hong Kong, reported on Friday morning that its net profit dropped 17.7 per cent in the first half to 449.95 million yuan (HK$565.74 million) from the same period last year as taxes and cost of servicing loans jumped. The developer, which made its debut in the Hong Kong bourse ...

    http://www.scmp.com/business/companies/article/1581660/developer-china-vast-profit-drops-177pc
  5. Business - Companies - EARNINGS

    Citic’s interim core profit flat, supported by earnings from property development

    Posted Aug 29th 2014, 02:14pm by Eric Ng

    ... in the property business, including in developing nations, chairman Chang Zhenming told reporters after the company posted flat recurring profit for the first half of the year when one-time gains ... while net earnings from property development and investment surged 181 per cent to HK$1.17 billion. Net profit of the energy generation business was flat at HK$874 million, while ...

    http://www.scmp.com/business/companies/article/1581677/citics-interim-core-profit-flat-supported-earnings-property
  6. Business - Companies - FUNDRAISING

    Chinese developer Country Garden launches HK$3.18b rights issue

    Posted Aug 28th 2014, 10:08am by Langi Chiang and Ray Chan

    ... Langi Chiang and Ray Chan Shares of mainland developer fall 5pc on fears over capital-raising exercise amid slowing sales Country Garden taps market for HK$3.2b Shares of Country Garden Holdings fell sharply yesterday after it became the first Hong Kong-listed mainland developer this year to launch a HK$3.18 billion rights issue amid an industry downturn. Investors are worried ...

    http://www.scmp.com/business/companies/article/1581381/chinese-developer-country-garden-launches-hk318b-rights-issue
  7. Property - Hong Kong & China - DEBT

    Chinese developers sinking into disguised debts

    Posted Aug 28th 2014, 05:03am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com A rising issuance of perpetual bonds by mainland property firms is creating a greater level of indebtedness than interim results indicate Developers sinking into disguised debts Chinese developers' indebtedness is worse than shown in their interim results as a rising number of issued perpetual bonds, and limited disclosure on their terms, ...

    http://www.scmp.com/property/hong-kong-china/article/1581350/chinese-developers-sinking-disguised-debts
  8. Property - Hong Kong & China - INVESTMENT

    Shui On Land buys remaining stake in Foshan development project

    Posted Aug 27th 2014, 09:23am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Developer to let go further assets to reduce debt from lower margins and perpetual bond payouts Shui On sells two hotels as first-half profit drops 24pc Shui On Land- chaired by Vincent Lo Hong-sui- sold two hotels in Shanghai for 2.69 billion yuan (HK$3.38 billion) to hotel operator and landlord Great Eagle- a company controlled by Lo's brother Lo ...

    http://www.scmp.com/property/hong-kong-china/article/1581036/shui-land-buys-remaining-stake-foshan-development-project
  9. Property - Hong Kong & China - C-SUITE

    Green Development Council chairman on a mission to save planet

    Posted Aug 26th 2014, 11:33am by Peggy Sito

    ... Development Council says Q & A Hong Kong Green Development Council chairman Conrad Wong Tin-cheung has a mission: save the planet. With more than 20 years of construction project management experience, Wong has been contributing to sustainable development in Hong Kong and leading the industry towards greener practices, in the hope that will minimise environmental impacts while maximising ...

    http://www.scmp.com/property/hong-kong-china/article/1579143/green-development-council-chairman-mission-save-planet
  10. Property - Hong Kong & China

    Stronger mainland developers advised to snap up cheap weaker peers

    Posted Aug 26th 2014, 12:03pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Hong Kong-listed mainland developers have been given a rare chance to grow their market share by acquiring weaker peers rather than organic expansion, taking advantage of the sector’s low price-to-equity (P/E) ratios amid an industry downturn, deal advisers said. “Property shares are seriously undervalued currently and I think good developers ...

    http://www.scmp.com/property/hong-kong-china/article/1576788/stronger-mainland-developers-advised-snap-cheap-weaker

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