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  • April 17, 2014
  • Last updated: 9:42pm
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  1. Business - Banking & Finance - DIVESTMENTS

    Sun Hung Kai & Co picks 3 banks to sell consumer finance unit

    Posted Apr 03rd 2014, 04:14pm by Reuters

    ... Reuters in Hong Kong Sun Hung Kai & Co has appointed three banks to underwrite the sale of its consumer finance division, people familiar with the matter said on Thursday. The Hong Kong conglomerate chose JPMorgan Chase, Morgan Stanley and UBS to run the sale, which is expected to value the business – United Asia Finance – at about US$3 billion, the people said. SHK & ...

  2. News - Hong Kong - PLANNING

    Government wins out in battle with Sun Hung Kai over Tai Po site

    Posted Apr 05th 2014, 04:55am by FANNY FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Town planners opt for scaled-down government estate and reject Sun Hung Kai subsidiary’s private development scheme Public flat plan wins battle ... owned by a subsidiary of property giant Sun Hung Kai, which applied to build 1,144 flats and a clubhouse on an overlapping 1.97 hectare site. That application was rejected and the developer ...

  3. Property - Hong Kong & China - FORECASTS

    Sun Hung Kai Properties sees steady prices even as analysts forecast falls

    Posted Feb 12th 2014, 04:29am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Deputy managing director Victor Lui Ting's prediction contrast with analysts, who forecast prices to fall by up to 30pc by the end of 2015 SHKP expects steady prices amid the gloom The deputy managing director of Sun Hung Kai Properties, Victor Lui Ting, said he expected homes prices to be steady this year even as analysts made gloomy forecasts ...

  4. Comment - Insight & Opinion

    Privacy best served by clear rules on reuse of public data

    Posted Aug 21st 2013, 12:00am by KAI-LUNG HUI

    ... Kai-Lung Hui Kai-Lung Hui says action against an app fails to clarify what is permissible, to protect privacy Clearer rules neededon reuse of public data The recent action against ... the data should be made public in the first place. The issue of reuse will be moot. If it is not, then we need a clear guideline about what is allowed and what is not. Kai-Lung Hui is professor ...

  5. Business - Companies

    Hong Kong property prices won't 'fall a lot', says Sun Hung Kai Properties chief

    Posted Nov 14th 2013, 02:52pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Meanwhile, city's largest developer to continue seeking sites in mainland's first-tier cities Unlike some analysts, Hong Kong’s biggest developer does not expect home prices in the city to fall drastically. Thomas Kwok Ping-kwong, joint chairman and managing director of Sun Hung Kai Properties, said he thinks Hong Kong home prices ...

  6. Business - Companies

    Sun Hung Kai duty subsidy seen working after The Cullinan sales

    Posted Oct 17th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Sale of 20 more flats at The Cullinan project yesterday suggests firm's tactic is working Sun Hung Kai duty subsidy seen paying off Sun Hung Kai Properties' strategy of offering a 70 per cent subsidy on stamp duty seems to have paid off after it sold 20 more flats at its luxury residential project in West Kowloon at a higher price even ...

  7. Business - Money

    Hong Kong shares slip, led by fall at Sun Hung Kai Properties

    Posted Oct 07th 2013, 02:14pm by Reuters

    ... Reuters Chinese financial markets are closed on Monday for a public holiday Hong Kong shares fell on Monday, led by Sun Hung Kai Properties on fears of weak demand after local media said ... The China Enterprises Index of the top Chinese listings in Hong Kong shed 0.9 per cent. Sun Hung Kai Properties shares sank 2.6 per cent, closing at their lowest since September 13. Overall turnover ...

  8. Business - Banking & Finance - WEALTH MANAGEMENT

    Sun Hung Kai Financial battles for rich clients

    Posted Sep 30th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Venerable firm's chief sees wealth management as a major future revenue stream, but William Leung Wing-cheung faces ferocious competition Sun Hung Kai Financial battles for rich clients A commission price war raging among brokerages prompted Sun Hung Kai Financial's move into wealth management, but the diversification strategy is opening up ...

  9. News - Hong Kong - COURTS

    I'm not bipolar, says ex-Sun Hung Kai chief in stand against 'offensive report'

    Posted Sep 04th 2013, 12:00am by Austin Chiu

    ... Austin Chiu austin.chiu@scmp.com Walter Kwok Ping-sheung launches judicial review of Law Society decision over misconduct complaint Kwok brother tackles Law Society Ousted Sun Hung Kai Properties chairman Walter Kwok Ping-sheung has pressed his demand in court for the Law Society to act on the case of a solicitor who allegedly said in 2008 that the tycoon made decisions detrimental ...

  10. Business - Banking & Finance

    Sun Hung Kai profit drops 26pc in first half on mark-to-market loss

    Posted Aug 23rd 2013, 12:00am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Sun Hung Kai profit drops 26pc in first half Sun Hung Kai & Co, a local financial institution founded in 1969, posted a 26 per cent drop in net profit for the first six months, dragged down by material losses from its principal investments arm. The firm, which owns broker Sun Hung Kai Financial (SHKF) and consumer-finance firm United Asia Financial ...




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