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  1. Railway revolution to change way people live

    Posted Dec 27th 2010, 12:00am by Sandy Li

    ... Albert Lau Tak-yeung, an executive director of property consultancy Savills China, hopped aboard the high-speed train in Shanghai at 9am last Wednesday and was at his client's Hangzhou office before 10am. The Shanghai-Hangzhou service, which started ...

  2. Magazine's new team face uphill battle to maintain standards

    Posted Nov 10th 2009, 12:00am by Raymond Li

    ... Al Guo and Raymond Li Caijing magazine's new editorial team will have a tough job maintaining quality and regaining the confidence of readers and advertisers following the departure ... Executive Council, but SEEC had a backup team led by two veteran business news editors ready to take over. The new team - headed by Zhao Li , chief editor of the weekly financial newspaper Investor ...

  3. Builder bets on small hotels

    Posted Oct 14th 2009, 12:00am by Sandy Li

    ... Sandy Li Unfazed by the faltering economy and declining tourist arrivals in the wake of the global financial crisis, developer Common Empire Development is aggressively expanding into the market for small boutique hotels - a sector whose competitive edge rests on the advantage of lower operating costs. The group has invested a further HK$300 million to open its third hotel ...

  4. Patriotic capitalist's son demands restitution

    Posted Oct 08th 2009, 12:00am by Raymond Li

    ... Raymond Li Author Kang Guoxiong's father, Kang Xinru, was a prominent banker before the founding of the People's Republic who once controlled 60 per cent of the now defunct American-Oriental Banking Corporation in Sichuan , not to mention many other investments in property, retailing and the arts. But almost all of the Kang family's fortune was lost in the Communist ...

  5. Wharf offloads underperforming Beijing property for HK$2.6b

    Posted Nov 11th 2009, 12:00am by Sandy Li

    ... Sandy Li Wheelock and Co says its 50.02 per cent-owned Wharf (Holdings) has agreed to sell its 87.5 per cent stake in an office-retail property in Xidan, a popular retail district of Beijing, for HK$2.58 billion. As well as the equity stake in the 10-year-old property in the Beijing Capital Times Square, the purchaser had also agreed to buy an estimated HK$485.2 million ...

  6. Socam net slides 10pc as investment gains plunge

    Posted Sep 17th 2009, 12:00am by Sandy Li

    ... Sandy Li Shui On Construction and Materials (Socam) said interim net profit fell 9.9 per cent to HK$787 million in the absence of gains on the disposal of investments available for sale. A HK$648 million windfall from the privatisation of its 42.9 per cent-owned London-listed China Central Properties failed to offset the sharp fall in investment gains. For the six months to June, ...

  7. Small players edged out of property boom

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

    ... Sandy Li Which developer will be the biggest winner from the government's tight control on land supply, which is seen as contributing to rising home prices? Li Ka-shing's Cheung Kong (Holdings), which will build nearly a third of all flats in the next four years, according to a surveyor and others who watch the property market. The second-biggest winner ...

  8. Shimao buys second site in Xiamen

    Posted Oct 09th 2009, 12:00am by Sandy Li

    ... Sandy Li Shimao Property Holdings says it has bought a prime site in Xiamen for 709 million yuan (HK$805 million), its second acquisition in the city since June. The site, covering 30,000 square metres, is on Xiagang Road, with Xiamen University on the east and Gulang Yu, a popular tourist attraction, to the west. It will be developed into two high-rise buildings of more than 240 ...

  9. Agile and Hopson acquire sites in Guangdong and Zhejiang

    Posted Sep 25th 2009, 12:00am by Sandy Li

    ... Sandy Li Agile Property Holdings and Hopson Development Holdings have acquired development sites in Guangdong and Zhejiang provinces respectively for a combined 2.3 billion yuan (HK$2.61 billion). Agile bought a 97,474 square metre plot in Lecong town, Shunde district, in Guangdong, for 1.01 billion yuan. The company said the average land cost was 3,454 yuan per square metre ...

  10. Unearthing the past leaves Wharf stymied

    Posted Sep 04th 2009, 12:00am by Sandy Li

    ... Sandy Li When archaeologists dug up evidence of a 1,000-year-old Tang-Song dynasty street in the middle of Chengdu two years ago - complete with house walls, a Buddhist temple and other ... of the poet Li Bai, and the first city to adopt the widespread use of paper money. Mainland officials recently trumpeted the find as one of the top 10 archaeological discoveries in the nation last ...




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