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  1. Mainland property stocks dumped as home sales fall

    Posted Sep 28th 2011, 12:00am

    ... by falling sales. For buyers of bricks and mortar on the mainland, rather than shares, the question is whether stock investors have got their forecasts right. Will property prices on the mainland ... of property stocks- and therefore the market's sentiment about property sales and prices- had fallen back to the lows last seen during the sector's trough in 2008, said Alan Jin, the head ...

  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. Business - Money - PROPERTY

    Developers extend rally amid absence of curbs

    Posted Jan 18th 2013, 12:00am by PEGGY SITO AND PAGGIE LEUNG

    ... Sun Hung Kai Properties and Henderson Land Development rose between 0.5 per cent and 1 per cent as analysts expected home sales transactions to pick up now. Cheung Kong, which had climbed 1.88 ... Peggy Sito and Paggie Leung Property firms expected to benefit from pick-up in sales activity but fast asset turnover is critical Developers extend rally amid absence of curbs Shares ...

  4. Strong H Cube sales unlikely to boost home values

    Posted Jan 24th 2007, 12:00am by Sandy Li

    ... emerged after a project in Tsuen Wan recorded strong sales but home prices are unlikely to surge in the near term, according to agents. Despite higher than expected inflation rates, pay rises ... 'The market atmosphere is better than last year. But despite these sales home prices will not rise in the short term amid an absence of investors and speculators,' said Shih Wing-ching, ...

  5. Property plays lead blue-chip rally

    Posted Apr 05th 2007, 12:00am by Staff Reporter

    ... Lee Yuk-kei The Hong Kong stock market rose further to a fresh five-week high yesterday, led by property firms, amid improved home sales in the United States and Li Ka-shing's share ... that US existing homes sales climbed 0.7 per cent last month, allaying fears the housing slump could hurt the economy. Sun Hung Kai Properties edged up 0.93 per cent to HK$92, Henderson Land ...

  6. Hang Seng sweeps back above 20,000

    Posted Apr 04th 2007, 12:00am by Staff Reporter

    ... on a resilient market after a 65 per cent increase in primary home sales last weekend from a week earlier. The Dow Jones Industrial Average rose 0.23 per cent on Monday as more than US$44 billion ... gain from selling part of its Citic 1616 stake, managing director Henry Fan Hung-ling said. Raging bulls HSI at 5-week high amid buoyant home sales and mainland surge to record Citic 1616 ...

  7. Business - Money - MARKETS

    Asian stocks near 5-year high on back of US rally

    Posted May 01st 2013, 12:00am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Asian stocks near 5-year-high on back of US rally Asian stocks closed near a five-year high yesterday, tracking a strong performance in the United States market and buoyed by better-than-expected home sales in the world's largest economy, amid indications that global central bankers will continue implementing easing measures. The MSCI Asia ...

  8. Hong Kong stocks stage rebound on strong US Thanksgiving sales

    Posted Nov 27th 2007, 12:00am by Staff Reporter

    ... as investors are still doubtful about US economic growth in 2008.' He said several US economic indicators, including new home sales and durable goods new orders to be released this week would have ... Wong Ka-chun and Jeff Pao Hong Kong stocks yesterday posted the second-biggest rally since mid-August as they joined a regional market rebound cheered by strong retail sales in the United ...

  9. Positive note for HSI despite rates concerns

    Posted Oct 06th 2005, 12:00am by Staff Reporter

    ... not help that fresh data released after the market closed on Tuesday showed that last month's property sales fell for the fifth month. 'We are already seeing a negative impact [on home sales] from higher mortgage rates so any suggestions that rates will be going even higher will weigh on the property sector,' said Louis Wong Wai-kit, a director of Phillip Securities. ...

  10. Gloom puts flat prices in reverse

    Posted May 23rd 2012, 12:00am

    ... 'Taking into account the sales slowdown in the secondary market, it is difficult to foresee any significant rise in home prices.' Secondary market home sales in 10 major housing estates fell ... Peggy Sito and Sandy Li Falling share prices, coupled with warnings of a property bubble forming in Hong Kong, have sapped the confidence of home seekers and triggered a sharp fall ...




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