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  • August 21, 2014
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  1. Business - Companies - FUNDRAISING

    Yangtze delta developer issues US$350m in senior notes

    Posted Aug 20th 2014, 10:32am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Mainland property developer Future Land Development has issued US$350 million in senior notes, with the funds to be used to repay debt and acquire land for residential and commercial development, the company announced on Wednesday morning. The notes, due 2019, have an interest rate of 10.25 per cent. The company focuses on the building of residential ...

    http://www.scmp.com/business/companies/article/1577549/yangtze-delta-developer-issues-us350m-senior-notes
  2. Property - Hong Kong & China - MERGERS

    Stronger Chinese developers advised to snap up cheaper and weaker peers

    Posted Aug 20th 2014, 05:27am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Mainland property players advised to take the chance to acquire smaller rivals that are undervalued and struggling in the market downturn Developers urged to mull buyouts Mainland developers listed in Hong Kong have been given a rare chance to grow their market share by acquiring weaker rivals rather than organic expansion, taking advantage ...

    http://www.scmp.com/property/hong-kong-china/article/1577042/stronger-chinese-developers-advised-snap-cheaper-and-weaker
  3. Property - Hong Kong & China - RETAILING

    Hysan Development ready to seize opportunities in luxury market

    Posted Aug 20th 2014, 05:21am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Developer targets high-end tenants seeking to consolidate their store networks amid slowdown Hysan keen to tap opportunity in luxury sector Hysan Development, the largest landlord in Causeway Bay, believes it can seize the opportunities from the consolidation of store networks undertaken by luxury brands as a slowdown in retail sales gathers ...

    http://www.scmp.com/property/hong-kong-china/article/1577043/hysan-development-ready-seize-opportunities-luxury-market
  4. Property - Hong Kong & China

    Mainland developers set for price cuts to boost cash flow

    Posted Aug 19th 2014, 01:27am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Mainland developers are under pressure to sell at a loss to cope with a downturn that is worse than expected even as buying curbs are relaxed Developers set for price cuts to boost cash flow Mainland developers will cut prices, or even sell their products at a loss, to secure enough cash in the rest of this year to survive a market downturn ...

    http://www.scmp.com/property/hong-kong-china/article/1576300/mainland-developers-set-price-cuts-boost-cash-flow
  5. Dafam takes giant strides in hospitality, property development

    Posted Aug 18th 2014, 02:53pm by Reports by Krystin Chu and Khay Inn Poh

    ... into a diversified hospitality management and property development group. "In 2010, we saw enormous market prospects for economic and mid-scale hotels in Indonesia," Dahlan says. "We initially ... opening in October. Dafam has also expanded into property development, which was officially launched in 2012 under the supervision of subsidiary Dafam Property Indonesia (Dafamland). Dafamland ...

    http://www.scmp.com/article/1576026/dafam-takes-giant-strides-hospitality-property-development
  6. Property - International

    Sydney home market now 'too hot', says billionaire developer

    Posted Aug 16th 2014, 01:07am by BLOOM

    ... Bloomberg in Singapore Sydney home market now 'too hot', says developer Billionaire Lang Walker, founder of one of Australia's largest private developers, said home prices ... previously used for prawn-breeding farms, into upmarket apartments. The project was expected to be valued at about A$7.5 billion along with an adjoining plot it would develop with a Singapore-based ...

    http://www.scmp.com/property/international/article/1574454/sydney-home-market-now-too-hot-says-billionaire-developer
  7. Business - China Business - EARNINGS

    China Power International Development shares fall despite 15pc profit gain

    Posted Aug 15th 2014, 12:00pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of China Power International Development fell 2.5 per cent after the company posted a 15.48 per cent year-on-year rise in net profit to 1.62 billion yuan (HK$2.04 billion) for the first six months of the year. The stock was trading as low as HK$3.16 on Friday morning. The Hong Kong-listed unit of one of the Big Five state-owned power generators, ...

    http://www.scmp.com/business/china-business/article/1574157/china-power-international-development-shares-fall-despite
  8. Property - Hong Kong & China

    Fantasia's sales target cut highlights dilemma for developers on mainland

    Posted Aug 15th 2014, 01:20am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Fantasia's target cut poses dilemma for peers The first annual sales target cut announced by a major Hong Kong-listed mainland developer has ... month compared with June, at 475 million yuan. "We won't be surprised to see more [mainland] developers cut their targets," said Franco Leung, a property analyst and assistant ...

    http://www.scmp.com/property/hong-kong-china/article/1573859/fantasias-sales-target-cut-highlights-dilemma-developers
  9. News - China - HEALTH

    Shenzhen company develops kit to test for Ebola virus, report says

    Posted Aug 14th 2014, 02:51pm by STEPHEN CHEN

    ... company has developed a field test kit that can quickly identify the Ebola virus, People’s Daily reports, as China is trying a range of countermeasures against the possible spread of the deadly ... obtained key Ebola virus genes for analysis and vaccine development from Genewiz, a US-based genomics service company. The genes were synthesised at the company’s branch in Suzhou, Jiangsu, under ...

    http://www.scmp.com/news/china/article/1573511/shenzhen-company-develops-kit-test-ebola-virus-report-says
  10. News - China - PROPERTY

    Developer Socam rejects Beijing Jingda's writ accusing it of document theft

    Posted Aug 14th 2014, 03:04am by Sandy Li

    ... Sandy Li sandy.li@scmp.com HK-listed firm counters claims by developer of upmarket home project Socam denies Beijing villa document theft Hong Kong-listed Socam Development yesterday ... resulting in "huge economic losses" to Jingda, the developer said. But Socam rejected the claim. "Since August 2, 2009 Socam has informed Beijing Jingda, directly and through ...

    http://www.scmp.com/news/china/article/1573078/developer-socam-rejects-beijing-jingdas-writ-accusing-it-document-theft

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