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  • October 22, 2014
  • Last updated: 6:07pm
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  1. Decline of the middle class

    Posted Jan 16th 2007, 12:00am by Joseph Cheng

    ... about owning cars or houses in the suburbs, or paying expensive tuition fees to prepare their children for top universities. Further, in an ageing society with a sharply falling fertility rate ...

  2. Business - China Business

    China Resources stays optimistic despite uncertainties as net profit rises 2.2%

    Posted Aug 18th 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com China Resources stays optimistic despite uncertainties China Resources Land expects to see a stable business performance in the second half of this year after reporting a modest 2.2 per cent increase in net profit to HK$3.69 ...

  3. China Shipping to lift rates after 98.7pc profit dive

    Posted Mar 27th 2009, 12:00am by Charlotte So

    ... Charlotte So China Shipping Container Lines, the mainland's second-largest container shipping company, said it is seeking to resume freight rate increases from April after posting ... 'Freight rates at current levels are unbearable,' said managing director Huang Xiaowen at a press conference yesterday. The company had implemented rate rises on the Middle East routes ...

  4. Comment - Letters

    Hong Kong not gaining from peg

    Posted May 06th 2013, 12:00am by LETTERS

    ... yearly assessed rate and increasing interest rates for those borrowing from banks, excluding first-time home buyers, also helps to narrow the wealth gap, without harming our competitiveness. ...

  5. Sino-Ocean targets record 30b yuan in sales

    Posted Mar 19th 2011, 12:00am by Yvonne Liu

    ... The central government's cooling measures in the property market have not stopped Sino-Ocean Land Holdings aiming for record contract sales of 30 billion yuan (HK$35.62 billion) this year, nearly 39 per cent more than last year. The developer's ...

  6. Wharf to push on with mainland property drive despite slowdown

    Posted Mar 24th 2011, 12:00am by Peggy Sito

    ... Peggy Sito Wharf (Holdings), which announced profits excluding property revaluation of HK$7.9 billion last year, said it might adjust down this year's mainland property sales forecast of 14 billion yuan (HK$16.6 billion) amid the slowing market. But ...

  7. Bar benders happy again amid construction boom

    Posted Mar 14th 2011, 12:00am by Ada Lee

    ... and the trades in it, such as bar bending, are enjoying a boom. 'The [pay] rise is okay,' Wong, 55, said, 'It does make the workers feel better as the rate is finally getting back to the 1997 level.' Last week, the Bar-bending Contractors Association promised to raise the daily rate for bar benders to HK$1,200- HK$100 more than the current rate. The daily wage ...

  8. noticeboard

    Posted Jul 29th 2012, 12:00am

    ... 15 Shining examples Sparkles 2012 is the largest student variety show in Hong Kong. The top 12 semi-finalists will compete in the grand final next month. Guest starring Andy Chow Kwok-Yin, Sugar Club and Supper Moment. When: August 15, 6pm Where: Starhall ...

  9. Credit curbs force Cheung Kong to offer 2nd mortgage to flat buyers

    Posted Feb 25th 2011, 12:00am by Sandy Li

    ... HK$8 million. Buyers who opt for this will be charged an interest rate of 2.5 per cent below prime, or 2.75 per cent per year, for 20 years. The best lending rate stands at 5.25 per cent. ...

  10. Overborrowing can turn dreams into nightmares

    Posted Jan 12th 2011, 12:00am by Sandy Li

    ... Sandy Li Raymond Lee learned a few key lessons during a long career in Hong Kong's highly competitive real estate market, and none more so than avoiding the pitfall of taking on too much debt when chasing a deal. In 25 years of broking property deals ...




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