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  • November 27, 2014
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  1. Market gloom stifles home sales

    Posted Aug 11th 2008, 12:00am by Denise Tsang

    ... Denise Tsang Hong Kong home-buying deals slumped by 36 per cent to 1,294 and by almost 50 per cent in value to HK$4.12 billion in the first seven days of this month versus the same period last month, industry data show. The collapse in confidence among homebuyers was attributed by agents to the continued uncertainty over the effects of the subprime credit crisis and a volatile ...

  2. Sentiment gets boost from strong home sales

    Posted May 31st 2005, 12:00am by Denise Tsang

    ... home sales and economic growth. Market sentiment received a boost after 200 flats at Royal Green, a residential project of Henderson Land and SEA in Sheung Shui, were snapped up in pre-sales ... rate rise and internal sales of residential units appeared to have been digested,' Mr Pang said. In a move to enhance transparency in home sales, the government floated a package ...

  3. MTR doubles profit on home sales

    Posted Aug 11th 2006, 12:00am by Denise Tsang

    ... on earnings from sales of flats above its rail stations. Excluding accounting gains from property revaluations, earnings climbed 123 per cent to HK$3.95 billion from HK$1.77 billion, the company said in a statement. Sales climbed 4.1 per cent to HK$4.57 billion. The MTR, which relies on property development along its rail network for most of its earnings, said revenue from its new Disneyland Resort ...

  4. Shanghai home prices fall 24pc

    Posted Sep 06th 2008, 12:00am by Denise Tsang, Yvonne Liu

    ... from 150 to 200 square metres in the downtown area plunged 50 per cent in July from a month earlier. According to transaction figures from Centaline (China), total sales of new homes ... Yvonne Liu and Denise Tsang Research report contradicts 0.2pc decline in official figures Prices of new homes in Shanghai dropped 24 per cent in July, the steepest month-on-month decline ...

  5. FDI declines 9.5pc amid global downturn

    Posted Apr 16th 2009, 12:00am by Denise Tsang

    ... the foundation for recovery in the coming months. He said the expansion in rural consumption was more promising, with home electrical appliances sales growing 70 per cent to 1.45 million units and 72 per cent to 2.24 billion yuan last month from a smaller base in February. Car sales jumped 11.1 per cent and furniture sales were up 24.1 per cent in the first three months of this year from a year ...

  6. Pizza Hut carves a slice of home delivery market

    Posted Oct 03rd 2005, 12:00am by Denise Tsang

    ... million on setting up a call centre to shorten the ordering time for delivery and earmarking an annual budget of $20 million on marketing. The move is aimed at boosting sales of the 63-strong ... proportion of turnover, at $350 million, and takeaway accounted for $100 million. 'Since we opened the call centre about three weeks ago, overall sales were 25 per cent higher year on year, ...

  7. Purchases underpin profit growth at CK Life

    Posted Nov 11th 2005, 12:00am by Denise Tsang

    ... in the nine months to the end of September. The strong profit rise, from $1.29 million a year earlier, came after a 260 per cent jump in sales revenue to $368.29 million in during the period and a 2 per cent rise in investment income to $117.22 million. Sales revenue from agricultural products was about treble at $160 million in the three months to September 30 year on year ...

  8. CRE expands mainland reach in HK$4.9b deal

    Posted Oct 30th 2009, 12:00am by Denise Tsang

    ... aim to have profits from the Home World hypermarkets and the Shandong brewery realised in our profit and loss account next year at the earliest.' Lai added that discussions on the sale ... but competitive consumer market. The firm yesterday agreed to buy from its unlisted parent, China Resources (Holdings), a chain of 75 Home World hypermarkets in northern regions and a brewery in Shandong ...

  9. CKI looks to overseas units to offset slowdown at home

    Posted Aug 15th 2008, 12:00am by Denise Tsang

    ... at home. The Cheung Kong (Holdings) infrastructure flagship expects that its energy utilities and toll road projects in Britain, Australia, the mainland and New Zealand will perform strongly enough ... billion or 14.5 per cent growth, by stripping off non-recurring gains from divesting assets. This included a HK$112 million gain from the sale of a 60 per cent interest in a power plant in Fushun ...

  10. Delta firms reel as buyers seek shipment delays

    Posted Oct 20th 2008, 12:00am by Denise Tsang

    ... as a result of slumping consumer confidence in their home markets. 'They want to use existing inventory for Christmas sales, which in turn delays contracted shipments and hence payments ... for traders had become so hostile that even larger enterprises had difficulty in staying afloat. 'We have two examples of companies affected- home appliance retailer Tai Lin, which has a long ...




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