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  • September 17, 2014
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  1. Home sales fall sharply in festive period

    Posted Jan 29th 2009, 12:00am by Sandy Li

    ... Sandy Li Sweeteners fail to attract buyers Home sales during the Lunar New Year holiday nearly came to a standstill even though developers offered 'festival sweeteners' such as lai see packets to lure buyers. Henderson Land Development, Chinachem Group and Sino Land offered red packets of between HK$28,000 and HK$68,800 to home buyers during the festive period. ...

  2. Dispute takes toll on shares of SHKP

    Posted May 24th 2008, 12:00am by Sandy Li

    ... Sandy Li HK$32b wiped off property giant's value Investor jitters over the power struggle at Sun Hung Kai Properties (SHKP) have helped to wipe more than HK$32 billion from ... Ms Hung said. 'There are other choices.' The chances the board would oust Walter Kwok, the eldest of the three Kwok brothers, were high, said Li Kwok-suen, a manager at Philip ...

  3. Kwok family makes late attempt to heal rift

    Posted May 15th 2008, 12:00am by Sandy Li

    ... Sandy Li Representatives of the Kwok brothers met last night in a last-ditch effort to hammer out an amicable settlement in the family dispute that has forced the eldest brother, Walter Kwok Ping-sheung, to step down temporarily as chairman of Sun Hung Kai Properties, a source said. But as of 8.30pm, there was no concrete result although the meeting was continuing, the source ...

  4. Questions over SHKP as home launches are cut

    Posted Mar 10th 2008, 12:00am by Sandy Li

    ... Sandy Li Brushing aside the unresolved chairmanship issue, Sun Hung Kai Properties (SHKP) unveiled a sharp decline in new home launches for this year, putting its earnings prospects ... and not its previous record, but management is having an abrupt change,' said Li Kwok-suen, a fund manager at Philip Capital Management. 'We understand the daily operations remain unchanged, ...

  5. I shall return, says Sun Hung Kai's Walter Kwok

    Posted May 08th 2008, 12:00am by Sandy Li

    ... Sandy Li Walter Kwok Ping-sheung yesterday hinted he would return to work after a two-month leave of absence from chairing Sun Hung Kai Properties. When confronted by reporters before ... said Li Kwok-suen, a fund manager at Phillip Capital Management. Mr Li believed it was just a family issue that led Mr Kwok to step down temporarily as chairman. However, an official company ...

  6. Luxury retailers tap into Guangzhou's shopping appetite

    Posted Sep 08th 2003, 12:00am by Sandy Li

    ... High-end La Perle development highlights growing affluence of China's residents Guangzhou's high-end retail market is undergoing a dramatic makeover, with international luxury goods retailers rushing in. You name it - Prada, Givenchy, Hermes, Lo ...

  7. Property market regains favour

    Posted Aug 15th 2003, 12:00am by Sandy Li

    ... The property investment market rebounded strongly last month as the number of large deals worth more than $40 million rocketed 140 per cent from a year earlier, according to property consultant FPDSavills. Thirteen properties with a total value of $1.5 bi ...

  8. Vice-premier boosts HK role as yuan trade hub

    Posted Aug 18th 2011, 12:00am

    ... Enoch Yiu and Gary Cheung Vice-Premier Li Keqiang yesterday announced a raft of more than 30 measures to boost the local economy by encouraging two-way investment and trade between Hong Kong and the mainland and strengthening the city's role in the internationalisation of the yuan. The business community and trade organisations generally welcomed Li's proposals, made ...

  9. Vincent Cheng makes way for new HSBC taipan

    Posted Oct 07th 2009, 12:00am by Enoch Yiu, Sandy Li

    ... Sandy Li and Enoch Yiu Vincent Cheng Hoi-chuen, the chairman of HSBC Holdings' Asian arm, will move out of the 'taipan' house in the Mid-Levels in February next year to make way for group chief executive and his successor, Michael Geoghegan, says the banking giant. Geoghegan will be relocated to the city from London. However, the search for accommodation for Cheng ...

  10. Sun Hung Kai boss employed 10 people 'to please female friend'

    Posted Feb 24th 2008, 12:00am by Barclay Crawford, Sandy Li

    ... Sandy Li and Barclay Crawford Walter Kwok Ping-sheung, chairman of Sun Hung Kai Properties, hired up to 10 middle-ranking employees to please his female friend, sources have claimed. The staff were personal friends of the married Mr Kwok's close friend, Ida Tong Kam-hing, 61, and recruited in departments focusing on mainland investment, land acquisition and leasing, ...




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