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  • August 29, 2014
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  1. Business - China Business - PROPERTY

    China Overseas Land’s contracted sales drop 45pc despite lifting of curbs

    Posted Aug 14th 2014, 09:37am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com China Overseas Land and Investment said contracted sales plunged 45 per cent last month from the previous month to HK$9.32 billion, a possible sign that a relaxation in housing policies on the mainland has failed to stimulate demand. Hong Kong-listed China Overseas Land is the biggest mainland developer by market value. The firm’s contracted sales ...

    http://www.scmp.com/business/china-business/article/1573320/china-overseas-lands-contracted-sales-drop-45pc-despite
  2. Business - Companies - EARNINGS

    Sino Land's core earnings decline 24pc for year

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

    ... Chairman Robert Ng Chee Siong said changes to the double stamp duty passed in July have helped improve buying sentiment as more projects were launched for sale in the market. Shares in Sino Land ... It is because property sales remain strong under the cooling measures." He believes developers' results will improve further. Sino Land generated a turnover of HK$4.64 billion from property ...

    http://www.scmp.com/business/companies/article/1581321/sino-lands-core-earnings-decline-24pc-year
  3. Comment - Insight & Opinion - BRICKS & MORTAR

    Hong Kong faces serious shortage of industrial land for logistics use

    Posted Aug 18th 2014, 12:34pm by Peggy Sito

    ... the government sold 110 residential, 14 commercial and 12 hotel and mixed-use sites. No industrial site is up for auction or tender on the 2014-15 land sale application list (through which sites ... largely left out of the land sales equation, describing it as a forgotten pillar of the city's economy. The CBRE report highlighted the growing relationship between the logistics and retail ...

    http://www.scmp.com/comment/insight-opinion/article/1575970/logistics-facing-shortage-supply
  4. Business - Companies - EARNINGS

    Earnings at Beijing Capital Land jump 18pc

    Posted Aug 12th 2014, 09:26am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Beijing Capital Land dismisses the need to cut prices to meet a 28b yuan target despite slow sales in first half amid a recovery in the market Mainland developer on path to meet goal Hong Kong-listed developer Beijing Capital Land said yesterday that it could hit a full-year sales target of 28 billion yuan (HK$35 billion) without cutting prices ...

    http://www.scmp.com/business/companies/article/1571886/earnings-beijing-capital-land-jump-18pc
  5. Business - Property - PROPERTY

    Developers regaining taste for land sales

    Posted Sep 03rd 2012, 12:00am by Peggy Sito

    ... for land sales Property developers on the mainland are gradually recovering their appetite for acquiring development sites, but improved prices fetched at recent land tenders have yet to ease the financial woes of local governments that depend on land sales as a major source of their revenue. Taking advantage of the recovering demand for land, local authorities on the mainland are therefore ...

    http://www.scmp.com/business/article/1028503/developers-regaining-taste-land-sales
  6. 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 ... quarter," research firm International Data Corp has said. Sales of smartphones grew 84 per cent in India in the second quarter of this year, IDC said. Smartphone users in India were expected to grow ...

    http://www.scmp.com/business/companies/article/1581323/indias-karbonn-mobiles-eyes-listing-2016-android-sales-boost
  7. 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 ... fuelled the biggest profit jump since 2010. Similar contracts for Fiat fell 90 basis points, according to data provider CMA. Sales at Tata Motors' Jaguar Land Rover (JLR) unit in China, ...

    http://www.scmp.com/business/companies/article/1580686/land-rovers-surging-china-sales-slash-bond-risk-indias-tata
  8. Property - Hong Kong & China - PROPERTY

    China Merchants Land rises on acquisition of Guangzhou developer

    Posted Aug 04th 2014, 12:33pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com China Merchants Land rises to four-month high Shares of China Merchants Land closed at a four-month high yesterday after the Hong Kong-listed developer ... is on the sales pick-up." After the deal, the consolidated profit of Merchants Property will be 100 per cent attributable to China Merchants Land, as opposed to 51 per cent at present. China ...

    http://www.scmp.com/property/hong-kong-china/article/1566102/china-merchants-land-rises-acquisition-guangzhou-developer
  9. Property - Hong Kong & China - EARNINGS

    Poly Property to step up sales drive to meet annual target

    Posted Aug 21st 2014, 03:58pm by LANGI CHIANG AND PEGGY SITO

    ... for sale, including three new ones. In the second half, it plans to launch eight projects for sale, making available products worth 24.6 billion yuan. The company bought nine land parcels ... Langi Chiang and Peggy Sito Poly Property to step up sales drive Poly Property Group said yesterday it would speed up sales in the second half to hit its full-year target of 28 billion ...

    http://www.scmp.com/property/hong-kong-china/article/1578489/poly-property-profit-down-422pc
  10. Property - Hong Kong & China - AUDITING

    Mainland authorities to conduct audit of local government land sales

    Posted Aug 18th 2014, 10:58am by Jeanny Yu

    ... it said. The audit’s targets would include the proceeds of land sales between 2008 and last year, as well as the enforcement of laws related to land expropriation, reserves and supply and the protection of cultivated land in the past five years. The audit report is expected to be delivered in two months. The sale of leasehold land use rights for development is a key source of local ...

    http://www.scmp.com/property/hong-kong-china/article/1575929/mainland-authorities-conduct-audit-local-government-land

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