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  • April 16, 2014
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  1. Builders' association born out of banking crisis

    Posted Aug 27th 2008, 12:00am by Peggy Sito

    ... Peggy Sito Prominently displayed in the Hip Shing Hong boardroom is an old photograph that records a historical moment in the development of Hong Kong's property market. 'The ... in the early 1970s to seek funding, he said. 'The listings helped many Hong Kong Chinese-owned property firms to raise capital to replenish their land bank and this was a vital step to help them ...

  2. Japanese expat groups in Hong Kong launch fund-raising events

    Posted Mar 15th 2011, 12:00am by Staff Reporter

    ... Ng Yuk-hang Japanese groups in Hong Kong are organising fund-raising events and other activities to help the victims of Friday's devastating earthquake and tsunami. Simon Walton, ... Hong Kong students learning Japanese are also doing their part to help. The University of Hong Kong's Japanese Society said it would launch a fund-raising campaign on campus this week. ...

  3. Gains from investments, associates rescue CK Life

    Posted Aug 12th 2005, 12:00am by Georgina Lee

    ... Georgina Lee Bottom line shows a sharp increase in profits but core businesses suffer losses CK Life Sciences Int'l (Holdings), the biotechnology arm of Cheung Kong (Holdings), yesterday posted a sharp jump in first-half net profit to $3.29 million from $838,000- but it took gains in investment securities and profit from associate companies to increase its earnings. Core ...

  4. Mainland land banks to provide shelter for Hong Kong developers

    Posted Jan 21st 2008, 12:00am by Nick Westra

    ... of Hong Kong's blue chips are much cheaper after the market corrections,' said Patrick Yiu Ho-yin, an associate director at CASH Asset Management. Additional reporting by Frederick Yeung ... Nick Westra With their unique ability to tap into booming property markets in both Hong Kong and the mainland, local blue-chip developers have given fund managers hope that they may ...

  5. Hong Kong hongs gone

    Posted Feb 06th 2012, 12:00am

    ... It used to be said that Hong Kong was ruled by 'hongs' such as Jardines, Wharf and Swire, with grandees from each congregating at the Jockey Club, another great institution ... Hong Kong to Britain, open more ports to trade and legitimise trade in the narcotic. The huge profits gained from opium dealing enabled the group to expand into many other businesses, which ...

  6. Hong Kong stocks ride record close on Wall St

    Posted Jan 16th 2007, 12:00am by Staff Reporter

    ... markets inspired by the US rally, analysts said. 'The gains in the US market on Friday led the rally of Asian stocks, including Hong Kong,' said Patrick Yiu Ho-yin, an associate director ... Lee Yuk-kei Hang Seng Index recovers above 20,000 as banking and property stocks lead rally Hong Kong stocks rebounded strongly yesterday, recouping a huge portion of last week's ...

  7. Golf course for cultural district site

    Posted Mar 30th 2005, 12:00am by Chloe Lai

    ... Chloe Lai Sun Hung Kai Properties is building a nine-hole golf course at the West Kowloon Cultural District site. The Lands Department last month awarded a short-term tenancy contract ... will expire at the end of next year, after which the contract will be renewed on a quarterly basis. The property giant has teamed up with Cheung Kong Holdings to bid for the West Kowloon Cultural ...

  8. Cheung Kong's core assets likely to drive growth

    Posted Mar 26th 2012, 12:00am

    ... a sizeable land bank in Hong Kong and improving earnings from property investment and hotel operations,' said Citic analyst Adrian Ngan, who wrote the report in mid-March. According to Cantor Fitzgerald, Cheung Kong has stepped up its land-bank acquisitions this year by acquiring six residential sites for a total of HK$22 billion. Associate company Hutchison Whampoa is a major profit ...

  9. Record land premium for MTR site

    Posted Mar 03rd 2010, 12:00am by Yvonne Liu

    ... Station in Canton Road, next to a golf driving range that will be redeveloped into a commercial project above the Guangzhou-Shenzhen-Hong Kong Express Rail Link at West Kowloon Station. The site ... Agency. 'The area will be the new city centre for Hong Kong. Every developer has to get a development project in the area. That's why developers were willing to bid aggressively ...

  10. Hong Kong exchange takes the lion's share

    Posted May 06th 2006, 12:00am by Chris Davis

    ... Chris Davis IPOs are forecast to raise $200b, with mainland firms accounting for 29pc of listed companies and representing more than 40pc of market capitalisation HONG KONG'S economic strength has always relied on its many links with the mainland, and one of the best examples is the number of Chinese companies listing on the Hong Kong stock exchange. Huge sums of money are being ...




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