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  • August 28, 2014
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  1. Property - Hong Kong & China - EARNINGS

    Midland losses narrow as new homes sales rebound

    Posted Aug 27th 2014, 01:27am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Turnover rises 8.1pc but the company chairman says he expects the second half to remain hard Midland losses narrow as new home sales rebound A sharp rebound in sales of new homes and cost control measures helped Hong Kong's only listed realtor, Midland Holdings, to cut losses by more than half in the first six months of the year. Chairman Freddie ...

    http://www.scmp.com/property/hong-kong-china/article/1580996/midland-losses-narrow-new-homes-sales-rebound
  2. Business - Companies - TELECOMMUNICATIONS

    India's Karbonn Mobiles eyes listing by 2016 with Android sales boost

    Posted Aug 28th 2014, 05:03am by Reuters

    ... Reuters Karbonn eyes listing by 2016 with Android boost Karbonn Mobiles, the third-largest smartphone maker in India, expects to go public by 2016 as it bets on sales of Android devices ... Informatics and Spice Group. Karbonn's Android phones retail between 2,699 rupees and 14,990 rupees. "A new entry-level price point is being breached by the Indian home-grown vendors every ...

    http://www.scmp.com/business/companies/article/1581323/indias-karbonn-mobiles-eyes-listing-2016-android-sales-boost
  3. Business - Companies - DEBT

    Land Rover's surging China sales slash bond risk at India's Tata Motors

    Posted Aug 26th 2014, 01:10am by BLOOM

    ... Bloomberg in Mumbai The unit of the Indian carmaker that also includes Jaguar posts 61pc sales jump in key market for quarter, driving down credit-default swaps Land Rover's China sales slash Tata Motors' bond risk India's top carmaker can thank China's appetite for a British off-road vehicle brand for the biggest drop in bond risk in the global industry. ...

    http://www.scmp.com/business/companies/article/1580686/land-rovers-surging-china-sales-slash-bond-risk-indias-tata
  4. Property - Hong Kong & China - EARNINGS

    Poly Property to step up sales drive to meet annual target

    Posted Aug 21st 2014, 03:58pm by LANGI CHIANG AND PEGGY SITO

    ... Langi Chiang and Peggy Sito Poly Property to step up sales drive Poly Property Group said yesterday it would speed up sales in the second half to hit its full-year target of 28 billion ... in first-half attributable profit to HK$1.13 billion. Rising cost of sales and finance and lower revaluation gains from investment properties were blamed for the sluggish results. The company would ...

    http://www.scmp.com/property/hong-kong-china/article/1578489/poly-property-profit-down-422pc
  5. Business - China Business - PROPERTY

    Cooling measures cut China home sales

    Posted May 06th 2013, 12:00am by Peggy Sito

    ... measures cut mainland home sales Mainland home sales plunged last month after local governments fell in line with control measures demanded by Beijing. But agents and analysts said the impact ... according to a BNP Paribas report. By May 2, the number of cities had increased to 35, Xinhua reported. In reaction to the measures, sales of second-hand homes in Beijing last month fell 88.1 per ...

    http://www.scmp.com/business/china-business/article/1230861/cooling-measures-cut-china-home-sales
  6. Business - Companies - EARNINGS

    Geely cuts annual sales target after 20.4pc fall in first-half earnings

    Posted Aug 20th 2014, 02:44pm by Kwong Man-ki

    ... Geely Automobile Holdings lowered its full-year sales target after reporting its first-half earnings fell by more than a fifth amid weakening demand for home-grown brands and rising competition ... 32 per cent to 10.2 billion yuan, with car sales falling 29 per cent year on year to 187,296 units, meeting just 32 per cent of its full-year target. In a statement to the Hong Kong stock ...

    http://www.scmp.com/business/companies/article/1577677/geely-cuts-annual-sales-target-after-204pc-fall-first-half
  7. Business - Property - PROPERTY

    China home sales set to fall 50pc after new curbs

    Posted Apr 02nd 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Sales may plunge by as much as 50 per cent this month, after mainland cities unveil local cooling measures designed to curb price growth Mainland home sales set to fall Home sales across mainland cities this month are expected to drop as much as 50 per cent from last month, after local authorities announced detailed measures to cool the property ...

    http://www.scmp.com/business/article/1205090/china-home-sales-set-fall
  8. Business - Property - PROPERTY

    China homebuying fever set to cool as curbs bite

    Posted Apr 19th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Sales of new homes surge in March, with prices rising across the mainland, but buyers are already backing away from the market Homebuying fever to cool as curbs bite The latest round of cooling measures this month is expected to slow down homebuying on the mainland after scorching sales in March. Prices of new homes climbed in 68 out of 70 cities ...

    http://www.scmp.com/business/article/1217754/homebuying-fever-cool-curbs-bite
  9. Business - China Business - PROPERTY

    China Overseas Land’s contracted sales drop 45pc despite lifting of curbs

    Posted Aug 14th 2014, 09:37am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com China Overseas Land and Investment said contracted sales plunged 45 per cent last month from the previous month to HK$9.32 billion, a possible sign that a relaxation in housing policies on the mainland has failed to stimulate demand. Hong Kong-listed China Overseas Land is the biggest mainland developer by market value. The firm’s contracted sales ...

    http://www.scmp.com/business/china-business/article/1573320/china-overseas-lands-contracted-sales-drop-45pc-despite
  10. Business - Comment - MONITOR

    Beijing is only treating the symptoms, not their cause

    Posted Apr 01st 2013, 12:00am by Tom Holland

    ... of sales among homeowners anxious to book their profits before the new tax came into effect. But in the longer term, a 20 per cent capital gains tax will do nothing to deter speculative buyers. ...

    http://www.scmp.com/business/article/1204293/beijing-only-treating-symptoms-not-their-cause

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