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  • September 24, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Country Garden’s new CFO aims to halve developer’s funding cost

    Posted Sep 23rd 2014, 11:24am by Langi Chiang

    ... reevaluated next year to investment grade. Moody's Investors Services has given it a Ba2 rating. Eventually, the company aims to cut its fundraising cost to 4 per cent to 5 per cent from more ...

    http://www.scmp.com/property/hong-kong-china/article/1597497/country-gardens-new-finance-chief-aims-halve-developers
  2. Property - Hong Kong & China - PROPERTY

    China's VAT reform to impact developers in cooling market

    Posted Sep 22nd 2014, 04:28am by Langi Chiang

    ... and to more industries last year. This year, the central government has implemented it in railway, postal and telecommunications services. The tough sectors to come are property and construction ...

    http://www.scmp.com/property/hong-kong-china/article/1597684/chinas-vat-reform-impact-developers-cooling-market
  3. Business - Companies - PROPERTY

    Chinese Estates to sell two properties to Joseph Lau

    Posted Sep 02nd 2014, 10:12am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Joseph Lau to buy two projects from Chinese Estates Chinese Estates will sell to beleaguered proprietor Joseph Lau Luen-hung two major properties in Hong Kong and Macau for up to HK$16.3 billion in a bid to remove uncertainties hanging over the company from its legal tussle with the Macau government. As part of this deal, Lau will buy a wholly owned ...

    http://www.scmp.com/business/companies/article/1583497/chinese-estates-sell-la-scala-assets-hk14b
  4. Business - Companies - PROPERTY

    Developer China Vast profit drops 17.7pc

    Posted Aug 29th 2014, 11:03am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com China Vast Industrial Urban Development, a Chinese developer newly listed in Hong Kong, reported on Friday morning that its net profit dropped 17.7 per cent in the first half to 449.95 million yuan (HK$565.74 million) from the same period last year as taxes and cost of servicing loans jumped. The developer, which made its debut in the Hong Kong bourse ...

    http://www.scmp.com/business/companies/article/1581660/developer-china-vast-profit-drops-177pc
  5. News - China - PROPERTY

    Developer Socam rejects Beijing Jingda's writ accusing it of document theft

    Posted Aug 14th 2014, 03:04am by Sandy Li

    ... 2007 and September 2008. The Hong Kong company said Jingda refused its repeated attempts to enter the project to manage its legally acquired properties, and when the matter could ... its legal rights over the 133 villas". The local authorities later mediated a deal between the two parties and on September 27, 2010, Socam and Jingda signed a resolution ...

    http://www.scmp.com/news/china/article/1573078/developer-socam-rejects-beijing-jingdas-writ-accusing-it-document-theft
  6. Property - Hong Kong & China - PROPERTY

    Chinese finance firms target Central offices

    Posted Aug 18th 2014, 03:56am by Peggy Sito

    ... Savills. Outside Central, mainland firms are much less active. "As international financial services continue to contract, [mainland] firms are taking up the slack," Simon Smith, head of research and consultancy at Savills Hong Kong, said in the report. The international financial services community is still cutting costs and the trend is for multinational corporations to either ...

    http://www.scmp.com/property/hong-kong-china/article/1575679/chinese-finance-firms-target-central-offices
  7. Property - Hong Kong & China - PROPERTY

    Luxury homes taken off the market as big-ticket buyers refuse to pay top prices

    Posted Aug 04th 2014, 03:38am by Sandy Li

    ... in such big-ticket transactions are becoming more cautious," said Charles Chan, the managing director of valuation and professional services at Savills. On Thursday, Sun Hung Kai Properties and New ...

    http://www.scmp.com/property/hong-kong-china/article/1565762/tender-flops-point-cooling-luxury-home-sector-hong-kong
  8. News - Hong Kong - PROPERTY

    June 4 museum in legal threat ahead of opening

    Posted Apr 07th 2014, 04:54am by JEFFIE LAM

    ... Jeffie Lam jeffie.lam@scmp.com June 4 museum in legal threat ahead of opening The group behind the world's first museum dedicated to the Tiananmen Square crackdown- due to open ... to take legal action. Alliance chairman Lee Cheuk-yan said they would be sending representatives. "The museum could only cater to tens of visitors at a time and we believe it would not cause ...

    http://www.scmp.com/news/hong-kong/article/1466519/june-4-museum-legal-threat-ahead-opening
  9. Property - Hong Kong & China - PROPERTY

    China approves reverse mortgage pilot scheme

    Posted Jun 24th 2014, 05:58am by Reuters

    ... services offered by insurers, the regulator said. "The scheme provides a new way for old-age care," it said. A proposal for the pilot programme was published last year but some experts ...

    http://www.scmp.com/property/hong-kong-china/article/1539194/china-approves-reverse-mortgage-pilot-scheme
  10. Property - Hong Kong & China - PROPERTY

    Vanke gains access to offshore capital with H-share listing

    Posted Jun 24th 2014, 05:58am by Langi Chiang

    ... with a diversified financing channel," said David Hong, a senior analyst with property services company E-House (China). The listing would also provide investors with a chance to gain exposure ...

    http://www.scmp.com/property/hong-kong-china/article/1539195/vanke-gains-access-offshore-capital-h-share-listing

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