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  • September 22, 2014
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  1. Hang Lung purchases Wuxi site for 415m yuan

    Posted May 16th 2009, 12:00am by Sandy Li

    ... Sandy Li Hang Lung Properties paid 415 million yuan (HK$471 million) for a site in Wuxi, its second acquisition in a week, signalling growing developer optimism in the market. The accommodation value works out at 3,842 yuan per square metre, about 43 per cent higher than the price the firm paid for an adjacent site in December 2006. Hang Lung said it would develop a shopping ...

  2. 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 ...

  3. McDonald's targets 1,000 mainland outlets in three years

    Posted Jan 22nd 2005, 12:00am by Sandy Li

    ... Sandy Li McDonald's plans to expand its restaurant chain in the mainland, the fastest growing market outside the United States, to 1,000 fast-food outlets by 2008, says Marvin Whaley, the president for Asia, the Middle East and Africa. 'For the next few years, we will add about 100 stores a year,' Mr Whaley said. The world's largest fast-food chain operates 640 ...

  4. Hopes high for Macau recovery as prices rise

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

    ... The value of retail and residential real estate in prime locations could increase as much as 50pc, one industry player says For Hong Kong resident Kenneth Liang, who bought a 1,500 square feet apartment in Macau for $1.5 million several years ago, things ...

  5. A user's guide to fashion

    Posted Sep 21st 2003, 12:00am by Carmen Li

    ... Cult attraction Rockers and heavy- metal enthusiasts will be happy to hear about the recent opening of Chrome Hearts' first boutique in Prince's Building, Central. Designed by renowned smith Leonard Kamhout, the cult-status jewellery label featu ...

  6. HK developers itching to prepare for tourist boom

    Posted Aug 19th 2003, 12:00am by Sandy Li

    ... Wharf and Chinachem urge faster processing of land-use applications Leading Hong Kong developers are urging the government to accelerate the processing of their land-use conversion applications in a bid to cash in on the forecast 10 million tourist arriva ...

  7. Developers pour cash into retail upgrades

    Posted Aug 11th 2003, 12:00am by Sandy Li

    ... Hong Kong developers are earmarking hundreds of millions of dollars for aggressive promotional campaigns and shopping mall upgrades in a race to lure mainland tourists. Companies such as Wharf Holdings, Hysan Development and Cheung Kong (Holdings) all wan ...

  8. Promotions signal retail price war

    Posted Aug 04th 2003, 12:00am by Sandy Li

    ... Prime players in Hong Kong are introducing special offers and discounts to get business back to pre-Sars levels Hong Kong's leading retailers are aggressively pursuing business strategies aimed at clawing back losses suffered as a result of the Sars ...

  9. Tourism stocks welcome relaxation of travel rules

    Posted Jul 29th 2003, 12:00am by Sandy Li

    ... Local plays enter the spotlight as a flood of wealthy mainland visitors is also expected to benefit retailers Fund managers may need to cut short their summer holiday. Otherwise, they risk missing out on more opportunities like yesterday's rally in t ...

  10. Jeweller Luk Fook to build $50m plant

    Posted Jul 24th 2003, 12:00am by Sandy Li

    ... Luk Fook Holdings (International) has unveiled plans to invest $50 million in a jewellery-refining factory in Panyu, Guangdong, after announcing a 28.7 per cent decline in net profit to $45.78 million during the year to March 31. Chairman Wong Wai-sheung ...




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