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  1. Supply glut eases in some districts

    Posted Jan 12th 2004, 12:00am by Staff Reporter

    ... Ernest Kong Analysts see the release of a land-sales list as a boon to the property market The government's release of a cautious land sales list boosted residential sales in districts previously fogged by a supply glut, according to property agents. The Pacifica, a residential development jointly owned by Sun Hung Kai Properties and Cheung Kong (Holdings) in Cheung Sha ...

  2. Island Lodge sets new benchmark for district

    Posted Nov 07th 2007, 12:00am by Sandy Li

    ... Yat-fat, the chief executive of Hong Kong Property Services. Given the age of the residential area, many homeowners living there had already cleared their mortgages, said Mr Wu, and upgrade demand ... before completing his initial transaction. The unit was bought from Swire for HK$6.96 million last Friday. Mr Wu confirmed the vendor had bought the unit through Hong Kong Property ...

  3. Smaller developers to profit from lack of projects in district

    Posted Mar 11th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Big players in the Hong Kong office market are electing to lease rather than sell their grade A office space in East Kowloon, and the strategy may present an opportunity ... expected to drop because of the uncertain economic outlook and plentiful new supply coming on stream in the district. At Telford Plaza in Kowloon Bay, which is supported by both end-users ...

  4. Prices cut on flats by Cheung Kong

    Posted Dec 01st 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Cheung Kong launched 32 units at the third phase of its Festival City development in Tai Wai at below secondary-market prices, the developer announced yesterday. Prices for the 32 units at lower floors averaged HK$7,560 per square foot for cash buyers, which is 2 to 3 per cent below second-hand flats in the first and second phases ...

  5. Hong Kong hongs gone

    Posted Feb 06th 2012, 12:00am

    ... It used to be said that Hong Kong was ruled by 'hongs' such as Jardines, Wharf and Swire, with grandees from each congregating at the Jockey Club, another great institution ... Hong Kong to Britain, open more ports to trade and legitimise trade in the narcotic. The huge profits gained from opium dealing enabled the group to expand into many other businesses, which ...

  6. Developer looks for lifeline in Hong Kong

    Posted Jun 09th 2012, 12:00am

    ... Yvonne Liu and Angela Che Debt-laden Greentown China Holdings has become the first mainland developer to bring in new shareholders from Hong Kong to raise cash. It is a sign ... yesterday it would sell a total of HK$5.1 billion of shares and convertible securities to Hong Kong's Wharf (Holdings). The Hong Kong developer will hold 24.6 per cent of Greentown and become ...

  7. Failed in Hong Kong? Try again in Singapore

    Posted Mar 22nd 2012, 12:00am

    ... Tom Holland Remember when people used to talk about FILTH? If you don't, then FILTH was an acronym for 'Failed In London, Try Hong Kong'. It was used as a handy collective ... that their careers might have a better chance of living up to their expectations if they relocated to Hong Kong. Well, the world has changed since then. These days Hong Kong is more likely to be the first ...

  8. Machinery giant aims for Hong Kong listing

    Posted Mar 17th 2012, 12:00am

    ... May Chan may.chan@scmp.com State-owned company China Machinery Engineering Corporation (CMEC) wants to list in Hong Kong this year, market sources say. Insiders close to the deal said ... and last December signed a US$1.19 billion contract to build a 1260-megawatt power station in Iraq. CMEC is among a group of major companies in the machinery sector seeking to list in Hong Kong ...

  9. Golf course for cultural district site

    Posted Mar 30th 2005, 12:00am by Chloe Lai

    ... Chloe Lai Sun Hung Kai Properties is building a nine-hole golf course at the West Kowloon Cultural District site. The Lands Department last month awarded a short-term tenancy contract ... will expire at the end of next year, after which the contract will be renewed on a quarterly basis. The property giant has teamed up with Cheung Kong Holdings to bid for the West Kowloon Cultural ...

  10. Hong Kong aims to be The One for the yuan

    Posted Sep 24th 2011, 12:00am

    ... Wilson Lau Hong Kong's rapid development into an offshore Chinese yuan centre is expected to drive further growth of the local banking sector. 'In view of this major development, the upcoming HKIB 3rd Annual Banking Conference will focus on the opportunities and challenges arising from the growing yuan business,' says Carrie Leung, chief executive officer of the Hong Kong ...




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