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  • October 23, 2014
  • Last updated: 11:29am
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  1. Property - Hong Kong & China - RETAILING

    Hong Kong property experts call for new tack to lure shoppers

    Posted Apr 07th 2014, 04:39am by Peggy Sito, Sandy Li

    ... wanted to attract shoppers from neighbouring countries to reduce the reliance on mainland travellers. Instead of limiting the number of mainlanders visiting Hong Kong, Ng said: "We should ... in Macau, saying that 90 per cent of shoppers there came from the mainland. Retail sales in Macau rose 25 per cent to 66 billion patacas last year while Hong Kong's grew 11 per cent to HK$494 ...

  2. Property - Hong Kong & China - DEBT

    More mainland developers face debt problems

    Posted Oct 16th 2014, 05:51am by Bloomberg

    ... Bloomberg Agile Property latest firm struggling with debt repayments with its bonds the worst in market More mainland developers face problems The weakest developers on the mainland ... have spread that more mainland property companies may fail to pay obligations since closely held Zhejiang Xingrun Real Estate collapsed in March under 3.5 billion yuan (HK$4.4 billion) of debt. ...

  3. Property - Hong Kong & China - COMMERCIAL

    Landlords forced to lower asking rents as mainland tourist spending falls

    Posted Jul 09th 2014, 05:02am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Decline in number of big-spending mainland tourists has hit sales of luxury goods, forcing owners to be more realistic in their rent demands Retail landlords rein in giddy asking rents Property investors who bulked up their retail portfolios in recent years have found themselves on the wrong end of a bet on mainland shoppers driving a sustained boom ...

  4. Property - Hong Kong & China - LAND SALES

    Demand for land in first-tier mainland cities remains strong

    Posted Oct 15th 2014, 11:18am by Peggy Sito, Sophie Yu

    ... Peggy Sito and Sophie Yu Sites in first-tier cities are still favoured by mainland developers as Modern Land and North Star snap up plot in Beijing sale Demand for land remains strong Mainland developers' appetite for land in first-tier cities remains positive despite mounting liquidity risks amid a wider property market downturn. Hong Kong-listed mainland developers Modern ...

  5. Business - Companies - EARNINGS

    Link happy to host Chinese shoppers

    Posted Nov 14th 2013, 03:09am by JOANNA CHIU

    ... Joanna Chiu Joanna.chiu@scmp.com Link happy to host mainland shoppers The Link Real Estate Investment Trust yesterday said it would "adjust" to the surge of mainland day trippers ... to HK$3.49 billion partly to the changing habits of middle-class mainland tourists. But Sallnow-Smith said that while the company would look into adjusting its retail options, this "absolutely ...

  6. Property - Hong Kong & China - POLICY

    Effectiveness of mainland housing policy easing hinges on banks

    Posted Oct 07th 2014, 10:49am by Langi Chiang

    ... as key to strength of revival Sentiment has improved in the mainland's housing market after a policy relaxation last week, but much depends on whether the banks embrace the spirit ... for cash-strained developers, in the first such policy easing since 2010. The property market is a major growth engine for the broader mainland economy. Some families hastened their home purchases, worrying ...

  7. Property - Hong Kong & China - TENDER

    Shimao-led bid wins tender for hotel site in Tung Chung

    Posted Oct 23rd 2014, 06:06am by Peggy Sito

    ... but it is the first time we won," said a company spokeswoman. Shimao teamed up with mainland commercial developer Mingfa International to develop the project. "Shimao will have a bigger share," ... to develop tourism on Lantau island. Since it is located close to the Hong Kong-Zhuhai-Macau Bridge, the hotel, when completed, could attract not only mainlanders, but also residents of Macau ...

  8. Property - Hong Kong & China - C-SUITE

    Champion Reit’s Adrian Lee sets income growth as top priority

    Posted Oct 21st 2014, 02:29pm by Yvonne Liu

    ... Yvonne Liu property.post@scmp.com Protests have been hitting mainland tourists' spending, but even though his firm Eagle Asset Management owns Mong Kok's Langham Place, CEO ... where he had lived since 1987, drawn to the opportunities offered by the rapid economic growth in Hong Kong and on the mainland. In 2006, Great Eagle spun off its Citibank Plaza in Central ...

  9. Business - Property - PROPERTY

    New Territories on a roll for day shoppers

    Posted Sep 11th 2013, 12:00am by Bloomberg

    ... Bloomberg Saving on time and hotel bills, many mainland visitors are targeting malls just across the border and that's boosting landlords like SHKP New Territories on a roll for day shoppers Jane Hu, a financial adviser from Huizhou in Guangdong, travels to the outskirts of Hong Kong to shop with her friends at least once a month. They rarely venture into the city centre ...

  10. Property - Hong Kong & China - HOSPITALITY

    Carlson Rezidor upbeat on China hotel prospects

    Posted Oct 21st 2014, 09:32am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Carlson Rezidor upbeat on China hotel sector Despite facing slower economic expansion, the mainland will continue to provide ample opportunities to hotel ... "The mainland economy is normalising slowly from a very high level," Kirschke said. "But if we look at an average of 5 to 7 per cent growth annually … it is still higher than other ...




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