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  • September 16, 2014
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  1. Big Four banks 'ill-equipped to cope'

    Posted Dec 08th 2004, 12:00am by Staff Reporter

    ... Bei Hu Moody's says BOC and CCB lack adequate business models to defend against liberalisation of the sector Bank of China (BOC) and China Construction Bank (CCB) have yet to develop business models strong enough to cope with rising competition and d ...

  2. Investors switch from offices to estate malls

    Posted Jul 11th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Hong Kong property investors have shifted their focus from grade A offices and prime retail space to shopping malls in non-core locations in response ... project in Sham Tseng, for HK$280 million in June. 'Prices of grade A offices, street-level shops in major shopping districts and luxury properties have surged to historically high ...

  3. Admiralty office prices reach new heights

    Posted Apr 27th 2011, 12:00am

    ... Prospects of a value-adding facelift to Admiralty's office precinct after the opening of new government headquarters in the area have driven prices of grade-A offices above their previous market peaks in 1994 and 1997. Until recently, office prices had lagged behind the rebound in the luxury residential and retail sectors that took prices to new market peaks in 2007. ...

  4. Trony keeps investors guessing over its books

    Posted Jun 26th 2012, 12:00am

    ... for property, plant and equipment, citing 'severe and challenging market conditions'. After the impairment charges, it had 1.23 billion of property, plant and equipment, and 158.76 million of 'deposits for purchase of property, plant and equipment'. 'The so-called technological advantage of the company didn't show in the results,' Phillip Securities analyst Zhang Yi ...

  5. Post office shows interest in acting as an agency for scarce banks

    Posted Feb 23rd 2006, 12:00am by Andy Chen

    ... Andy Cheng Want to deposit some money in your bank account or make a withdrawal? Soon you could be going to a post office. Hongkong Post would consider teaming up with banks to allow such transactions at its offices, the postmaster-general said yesterday after a banking taskforce held its first meeting to address public concerns about branch closures. Banks have been criticised ...

  6. Hon Kwok adds value to handful of office blocks

    Posted Oct 10th 2007, 12:00am by Peggy Sito

    ... some of its office floors into retail use and some will be turned into guesthouse units. The move should increase the asset values of the properties and raise recurrent rental income for the company, managing director Herman Fung Man-hei said. The asset-value enhancement plan includes turning the first three office floors of the 16-storey Hon Kwok Jordan Centre in Jordan into retail ...

  7. $608m offer triggers auction for office site

    Posted Jan 12th 2005, 12:00am by Staff Reporter

    ... auction in this financial year. According to a Lands Department spokesman, the site zoning allows development into a hotel or office project. But surveyors said offices were more likely ... response to last year's auctions of residential sites. 'After all, only a limited number of developers have the know-how to develop an office project,' Mr Lau said. He said ...

  8. Banking history through the years

    Posted Feb 04th 2008, 12:00am by Miranda Yeung

    ... 200 sets of selected memorabilia including signboards, banknotes, receipts, savings boxes and books, bank equipment and souvenirs. Some of the exhibits were collected locally while some are from the Shanghai Bank Museum. Also on display are a bronze lion which originally guarded the entrance of HSBC Shanghai Branch, a reconstructed Shanghai native bank and a saving office ...

  9. Magnificent Estates buys office tower for HK$500m

    Posted Mar 13th 2007, 12:00am by Sandy Li

    ... Sandy Li Magnificent Estates, a subsidiary of Shun Ho Resources Holdings, has agreed to spend HK$500 million buying an office building in Jordan and may redevelop it into a hotel to tap the city's growing tourist arrivals. Magnificent Estates, which engages in property investment, hotel development and management, said it would pay for the building, Swire & Maclaine House, ...

  10. Swire in talks on hotel-office project

    Posted Sep 08th 2006, 12:00am by Sandy Li

    ... in a retail-hotel-office development in Beijing's Sanlitun district worth almost four billion yuan, sources said. Gateway originally planned to acquire only the northern portion of the site for a development ... due diligence.' Swire will be responsible for developing and managing the project given its track record building and operating luxury hotels, grade A office blocks and high-end ...




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