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  • November 26, 2014
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Results 1 - 10 of 32 for offshore yuan trading

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  1. Property - Hong Kong & China - PROPERTY

    Yuexiu rides bullish mood with 6.45b yuan Guangzhou land purchase

    Posted Nov 25th 2014, 05:00am by Peggy Sito, CHIM SAU-WAI

    ... mood with 6.45 b yuan land deal The bullish mood on the stock markets after the mainland's first cut in interest rates in more than two years spilled over into the land market yesterday, with a Guangzhou developer paying 6.45 billion yuan (HK$8.1 billion) for a site in the city. The purchase by Yuexiu Property of the site in Tonghe district marks the first major acquisition in the mainland ...

  2. Business - Economy - ECONOMY

    China's surprise rate cut fuels hopes for more easing

    Posted Nov 24th 2014, 04:03am by Peggy Sito, Bloomberg, Reuters

    ... and spurring buying sentiment. However, the PBOC's move would squeeze banks' margins, said the Industrial and Commercial Bank of China. Mainland developers, which have been trading at low ... ability to grow, he added. The PBOC's actions will also be felt on the yuan. Analysts say it could signal the end of a rally in the currency since May, especially if officials follow up ...

  3. Property - Hong Kong & China - PROPERTY

    Pause in China's trade zones unlikely to dim mood for pacesetters

    Posted Jun 09th 2014, 03:31am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Developers in Shanghai and centres earmarked for an FTZ in Guangdong are seen as having little to fear from move to trim queue of city hopefuls Trade zones pause unlikely to dim mood for pacesetters The mainland government's decision to freeze applications for free-trade zones is unlikely to crimp the plans of developers heavily involved ...

  4. Property - Hong Kong & China

    Greenland buys site in Huangpu for 5.9 b yuan

    Posted Dec 12th 2013, 03:25am by Peggy Sito

    ... and Shenzhen- amounted to 472.04 billion yuan in the first 11 months of the year. This represented an increase of 181.72 per cent compared with the same period last year. Trading in the shares ... site in Huangpu for 5.9 b yuan Greenland Hong Kong, the listed arm of Shanghai-based Greenland Group, said yesterday it bought a commercial and residential site in Huangpu, Shanghai, for 5.95 ...

  5. Business - Economy - CEPA

    The tricky business of trading places, thanks to Hong Kong-mainland Cepa deal

    Posted Jul 04th 2013, 12:00am by Denise Tsang, Celine Sun, Peggy Sito, KANIS LI

    ... The tricky business of trading places A decade ago, Causeway Bay was a tourist hot spot with a thriving array of boutiques, wonton noodle shops and decades-old bakeries amid the glitzy shopping ... are one of the most visible signs of the effects of the Closer Economic Partnership Arrangement (Cepa), a free-trade agreement between the central government and Hong Kong signed a decade ago ...

  6. Business - Money - INVESTMENT

    Foreign funds return to China real estate market

    Posted Sep 16th 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Of the 17b yuan worth of mega deals in Shanghai in the first half, foreign acquisitions account for 81pc, three times the level for the whole of 2012 Foreign ... to 17 billion yuan (HK$21.4 billion) and foreign acquisitions accounted for 13.8 billion yuan, or 81 per cent, according to a study by international property consultancy DTZ. By comparison, ...

  7. Business - Companies - RETAILING

    Wharf's Chengdu mall set to open

    Posted Dec 17th 2013, 03:22am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com HK developer hopes to see 500 million yuan per year in rents from shopping centre, part of a 16 billion yuan commercial project Wharf's Chengdu mall set ... Yuk-fong said the company's mainland flagship retail centre, part of its Chengdu International Finance Square, expected an annual rental income of 500 million yuan (HK$635 million). ...

  8. Property - Hong Kong & China - BUYOUTS

    Glorious on the brink of HK$3 b privatisation

    Posted Oct 22nd 2013, 03:30am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Trading in the stock of mainland property developer suspended as major shareholder Zhang Zhirong weighs buying out investors Glorious on the brink of HK$3 b privatisation Shares in Shanghai-based developer Glorious Property were suspended from trading in Hong Kong yesterday because of a possible privatisation bid estimated to be worth HK$3.1 billion. Four ...

  9. Property - Hong Kong & China - CHINA

    Home-price gap between first-tier and provincial cities widens further

    Posted Sep 18th 2013, 12:00am by Peggy Sito

    ... and in the provinces. Two years ago, she said, she paid 500,000 yuan (HK$630,000) or 4,500 yuan per square metre for a 120 square metre flat in downtown Fuzhou, a fourth-tier city in Jiangxi province. At the time, average prices in downtown Shanghai were more than six times higher, at about 30,000 yuan per square metre. The Fuzhou flats' value has since risen by 20 per cent to about 600,000 ...

  10. Powerlong aims to raise 3.9b yuan in share sale

    Posted Sep 21st 2009, 12:00am by Peggy Sito

    ... this listing candidate from Hong Kong-traded mainland developers is that it targets inland cities and builds properties that the mass market can afford. The Fujian-based developer, which builds commercial and residential developments, is planning to raise 3.9 billion yuan (HK$4.4 billion) in an initial public offering in Hong Kong by the end of the week. Powerlong cancelled a share sale ...




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