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  • November 28, 2014
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  1. Business - China Business - PROPERTY

    China Vanke follows rich Chinese to grow abroad

    Posted Apr 18th 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com China Vanke follows rich Chinese to grow abroad Analysts are expecting more overseas expansion from China Vanke as the mainland's biggest developer ... China Vanke, through a wholly owned subsidiary, is acquiring 30 per cent of Keppel Land subsidiary Sherwood Development in Singapore for S$135.5 million (HK$850.2 million), Keppel Land announced ...

  2. Business - Companies - HOSPITALITY

    Park Hotel puts Hong Kong at heart of growth plans

    Posted May 02nd 2013, 12:00am by Sandy Li

    ... Kong's 50 richest people in January. Besides Park Hotel, the family's assets also include a luxury development on the site of the former popular Yucca de Lac restaurant in Tai Po. Instead ...

  3. Property - Hong Kong & China - RETAILING

    Global brands pause as store sales growth slows on China

    Posted Apr 10th 2013, 12:00am by Yvonne Liu

    ... retailers have turned cautious on expansion due to the weakening global economy. They have also had difficulties finding shops in prime locations for expansion, and have approached developers who are strong in developing shopping malls such as Hang Lung Properties, China Resources Land and Cofco," said Lam. China Resources Land and COFCO respectively developed The MixC and Joy City, two ...

  4. Business - China Business - SHIPPING

    Cosco arm may dip toe into leasing

    Posted Feb 21st 2013, 12:00am by Keith Wallis

    ... ships on bareboat charters to Chinese and foreign operators, the person said: "In the long term, there is a definite focus on developing non-Cosco customers." He said Beijing had ...

  5. Business - China Business - TELECOMMUNICATIONS

    ZTE aims to sharpen focus on US enterprise market

    Posted Feb 12th 2013, 12:00am by BIEN PEREZ

    ... and governments to advance 4.2 per cent this year to US$3.7 trillion, up from US$3.6 trillion last year. "After developing this business in our domestic market over the past 10 years, we decided last ...

  6. Business - Companies - THE INTERVIEW

    Data hosting company follows the cloud

    Posted Dec 15th 2012, 12:00am by BIEN PEREZ

    ... centres. "Cloud" refers to the internet, which is depicted in that form in computer network diagrams. OpenStack is a free cloud-computing operating system that was co-developed in 2010 ... building up in China that is actively contributing to further develop OpenStack. High growth is also what creates incredible opportunity here. Europe and the US are not doing quite so well, while ...

  7. Business - Companies - EARNINGS

    Cafe de Coral expansion stays on track despite rising costs

    Posted Nov 27th 2012, 12:00am by Sophie Yu

    ... half, but when development slows, it is also possible to see good investment opportunities as rent and other costs may decrease," he said. In Hong Kong, the company operated 151 Cafe de ...

  8. Rise in spending power is luring major developers

    Posted Nov 22nd 2010, 12:00am by Peggy Sito

    ... Peggy Sito Policy risk is driving both developers and foreign investment funds away from the mainland residential market and towards commercial property, say analysts. And it is a trend ... the speculative heat out of the residential market, included the tightening of residential development loans to developers, increasing mortgage rates and cutting mortgage loans to individuals. Norman ...

  9. Sharp rise in revenue, profit for developer

    Posted Apr 19th 2010, 12:00am by Wilson Lau

    ... Wilson Lau Property developer Glorious Property Holdings reported a sharp rise in its revenue and gross profit for last year, driven by strong demand for luxury residential projects ... from 22 fen in the previous year. The board of directors recommended payment of a final dividend of 3 fen per share. Specialising in the development and sales of higher-end commercial ...

  10. Developer's Sham Chung wetland project fails to gain backing

    Posted Mar 05th 2010, 12:00am by Joyce Ng

    ... Joyce Ng A development company has failed to win government support for a plan to restore an area next to a ruined wetland in Tai Po that will include a spa development. But a green group ... an ecological restoration proposal to the Town Planning Board for discussion today. It proposes to plant mangroves in the northern part of the 4.3-hectare site and to develop a freshwater marsh ...




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