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  • April 19, 2014
  • Last updated: 6:07pm
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  1. News - World - PLATE TECTONICS

    Scientists develop theory of how Earth developed its tectonic plates

    Posted Apr 07th 2014, 10:32pm by NYT

    ... they argue. "Although this case is highly idealised, it shows that a fully developed plate can evolve from a down-welling only," they wrote. The process was likely to have commenced about ...

  2. Property - Hong Kong & China

    Hong Kong developers launch Easter projects as larger flat sales slow

    Posted Apr 19th 2014, 01:10am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Developers pin hopes on brisk HK Easter sales Hong Kong developers are aggressively pushing project launches on the four-day Easter break but sales momentum ... Development was the first developer to kick off holiday sales, offering yesterday the second batch of 60 units at the 98-unit The Woodside in Hung Shui Kiu, Yuen Long. The sale started at 11am, ...

  3. Business - Comment - LAI SEE

    China Development Bank playing hardball over Rusal loan reform

    Posted Apr 18th 2014, 01:13am by Howard Winn

    ... One bank that is showing some reluctance over the deal is China Development Bank. The bank has not publicly stated its position on the loan. In recent years it aggressively expanded its loan ...

  4. Property - Hong Kong & China

    Developer Great Eagle in deal for US office fund

    Posted Apr 16th 2014, 01:21am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Developer in dealfor US office fund Great Eagle said a subsidiary has reached an agreement with asset manager China Orient to establish a limited partnership ... to real estate companies on the mainland and developers with a primary listing in Hong Kong. China Orient is a wholly owned unit of state-backed China Orient Asset Management Corp. Great Eagle ...

  5. Property - Hong Kong & China - C-SUITE

    Construction is developer Chun Wo’s bread and butter

    Posted Apr 15th 2014, 01:56pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Chun Wo Development has become one of Hong Kong's largest construction firms, but it still has to grapple with soaring costs and domination of large developers, the two brothers in charge say Chun Wo Development was founded by the late Pang Kam-chun in 1968. It has grown to become one of the largest construction companies in Hong Kong and expanded ...

  6. Property - Hong Kong & China - FINANCING

    Developers offer buyers financing to get around banks’ loan-to-value curbs

    Posted Apr 15th 2014, 03:22pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Developers are bypassing regulations on how much banks can lend by offering extra loans, which experts warn puts the buyers at risk Buyers lured by second mortgage Hong Kong's biggest developers are skirting around bank restrictions by offering loans to raise the mortgage ceiling up to 85 per cent of a flat's value- which could put buyers ...

  7. Comment - Letters

    Real conservation can enhance the way our city develops

    Posted Apr 14th 2014, 04:28am by LETTERS

    ... SCMP Editorial Real conservation can enhance the way our city develops We refer to Shirley Sham's letter ("Housing needs must outweigh sentimentality", April 6), in which she argues that the conservation of heritage buildings is undermining the development of housing in Hong Kong. There is neither evidence, nor precedent, that built-heritage conservation has ...

  8. Business - Money - CAPITAL MARKETS

    Equity-averse developers in a bind

    Posted Apr 14th 2014, 05:07am by Jasper Moiseiwitsch

    ... Equity-averse developers in a bind Bond issuance by mainland developers has been in hiatus since last month's default of Zhejiang Xingrun Real Estate on 3.5 billion yuan (HK$4.4 billion) ... and mainland regulators have cut off property firms' access to trust loans, previously an important source of capital for the sector. It would appear to be time for developers to raise equity ...

  9. Property - Hong Kong & China - PROPERTY

    Home price declines hit development site values

    Posted Apr 14th 2014, 05:17am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Government tenders indicate that land prices have fallen to cost of building mass housing Home price declines hit development site values The sharp correction in new home prices has accelerated the pace of decline in land values, with development sites increasingly being sold for close to or below construction cost, a rare phenomenon in Hong Kong. ...

  10. Comment - Insight & Opinion

    Developing human capital just as important as setting up innovation and technology bureau

    Posted Apr 12th 2014, 03:47am by SCMP Editorial

    ... of a number of bureaus and departments. That is not to say there is no longer any place for a bureau that specialises in the facilitation of innovation and technology as a driver of development ... it at just under HK$30 million a year. We trust he is right to expect enough support in the legislature this time. Officials have already identified the development of a digital ID for every ...




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