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  • September 23, 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 - China Business - PROPERTY

    Nanjing scraps home purchase curbs

    Posted Sep 22nd 2014, 12:03pm by Peggy Sito, Eric Ng, Yvonne Liu

    ... to meet growing demand from first-time home buyers. In the circular, the city government set the target for annual land supply to at least 500 hectares to stabilise the market. Nanjing's ... Shenzhen, Zhuhai and Sanya. Home prices in Nanjing fell 0.6 per cent month on month in June, ending a 24-month streak when prices rose in the city. Prices again fell 1.1 per cent in July and 1.3 per ...

    http://www.scmp.com/business/china-business/article/1597881/nanjing-scraps-home-purchase-curbs
  3. 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
  4. 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
  5. 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
  6. 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
  7. Business - Companies - PROPERTY

    Fantasia’s August sales up 119pc as Chinese cities ease curbs

    Posted Sep 04th 2014, 12:53pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Fantasia Holdings said it pulled in 1.04 billion yuan (HK$1.31 billion) in property sales last month, up 119 per cent from July as more Chinese cities have relaxed restrictions on home purchases since May. In a filing with the Hong Kong stock exchange on Thursday, it said the average selling price was 6,854 yuan per square metre, about 8 per cent ...

    http://www.scmp.com/business/companies/article/1585020/fantasias-august-sales-119pc-chinese-cities-ease-curbs
  8. Business - Comment - MONITOR

    Excluding non-locals from flat sales could easily backfire

    Posted Sep 12th 2012, 12:00am by Tom Holland

    ... Tom Holland Move threatens to bring a triple-whammy to muddy eventual downturn, turning what would have been a healthy correction into a rout Excluding non-locals from flat sales could ... research Nicole Wong and her colleagues note that between 2004 and 2009, land sales in the city declined by 70 per cent. Allowing a two-year time lag for development, they go on to point out ...

    http://www.scmp.com/business/article/1034527/excluding-non-locals-flat-sales-could-easily-backfire
  9. 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
  10. 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

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