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  • August 30, 2014
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Results 1 - 10 of 107 for housing supply

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  1. Business - Companies - EARNINGS

    Wharf's purchase of Crawford House in Central marks strategic shift

    Posted Aug 11th 2014, 02:15pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Acquisition of Crawford House from Wheelock comes as weak mainland development sector prompts move to focus on investment properties Wharf deal for Centralbuilding marks key shift Wharf (Holdings) has acquired Crawford House from Wheelock & Co for about HK$2.69 billion, as part of a shift to focus more on investment properties given the softness ...

  2. Property - Hong Kong & China - EARNINGS

    Evergrande Real Estate speeds up push into new businesses

    Posted Aug 26th 2014, 03:08pm by Langi Chiang

    ... housing industry. "Almost all top 500 companies [in the world] diversified when their scale came to a certain level, so will Evergrande," Hui Ka-yan, the firm's chairman ... tier-1 cities over the past year, but it still had 159 projects in tier-3 cities at the end of 2013," BNP said. "We believe it will take a long time to digest this supply, thus ...

  3. Business - Companies - EARNINGS

    China Agri-Industries issues profit warning after losing HK$374m in July

    Posted Aug 27th 2014, 01:42pm by Jeanny Yu

    ... “Despite the recent increase in oilseeds supply in the international market, which is expected to bring down input costs and help ease loss-making pressure in the crushing industry on a temporary, ...

  4. Business - Commodities - EARNINGS

    Towngas posts 2.96pc rise in net profit

    Posted Aug 26th 2014, 10:12am by Eric Ng

    ... and an unrealised loss on the yuan’s depreciation, after-tax profit grew 13 per cent year-on-year to HK$3.75 billion, mainly from gas distribution and water supply operations, and new energy businesses ... to reach a decade high, gas consumption growth will be facilitated, he added. Operating profit of its mainland piped gas distribution and water supplies operation grew 22 per cent year-on-year ...

  5. Business - Companies - EARNINGS

    Sino Land's core earnings decline 24pc for year

    Posted Aug 28th 2014, 05:03am by Yvonne Liu

    ... dropped 2.62 per cent to HK$234.5 million for the year to June. The average occupancy rates of its three hotels ranged between 83.5 per cent and 94.5 per cent. The company said the supply of hotel ...

  6. Business - Companies - EARNINGS

    Haier Electronics on lookout for more logistics acquisitions

    Posted Aug 27th 2014, 11:40am by BIEN PEREZ

    ... for an undisclosed sum to build up its logistics operations. It bought a 60 per cent stake in Shanghai Boyol New Brothers Supply Chain Management and wholly acquired Boyol Logistics Offshore. The company ...

  7. Business - China Business - EARNINGS

    Golden Eagle profit down 23.2pc

    Posted Aug 27th 2014, 01:27am by TIFFANY AP

    ... gross floor area last year. Department stores overall have been hard hit by the shift to online shopping while also being squeezed by the influx of new mall supply. Fellow department store ...

  8. Business - China Business - EARNINGS

    Drilling division’s 32.6pc jump in profit boosts China Oilfield Services

    Posted Aug 27th 2014, 10:15am by Eric Ng

    ... jack-up utilisations and expected over-supply leading to a long-term [decline] in day rates,” Jefferies analysts wrote in a research note. COSL chief executive Li Yong told a press briefing ...

  9. Business - Banking & Finance - EARNINGS

    Agricultural Bank of China's net profit grows by 12.65 per cent

    Posted Aug 27th 2014, 01:27am by DON WEINLAND

    ... of the most vulnerable to a downturn in the real estate sector, especially given its exposure in rural areas where housing stock is the highest. However, slightly higher property exposure would ...

  10. Property - Hong Kong & China - EARNINGS

    Greentown profit down 67pc

    Posted Aug 25th 2014, 10:23am by Langi Chiang

    ... Greentown’s contracted sales totalled 31.8 billion yuan, hitting 49 per cent of its full-year target. It said the relaxation of housing policy seen on the mainland in recent weeks had helped restore ...




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