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  • August 30, 2014
  • Last updated: 5:16am
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  1. Business - Companies - BOARDROOM

    Shenzhen developer Hydoo fires chairman, appoints brother

    Posted Aug 25th 2014, 10:05am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Hydoo International, a Shenzhen-based developer of commercial trade and logistics centres, has fired chairman Wong Choihing a month after it was confirmed ... yuan (HK$278.45 million) in the first half of the year, compared with a loss of 193 million yuan a year earlier. Hydoo shares jumped 2.7 per cent to trade at HK$1.93 at 9.45 am, compared ...

  2. Property - Hong Kong & China

    Stronger mainland developers advised to snap up cheap weaker peers

    Posted Aug 26th 2014, 12:03pm by Langi Chiang

    ... the capital market Henry Cai On the other hand, most listed developers were trading at P/E ratios of between five and six, down from double digits during the industry’s heyday a few years ago. Cai ...

  3. Property - Hong Kong & China - REAL ESTATE

    China State Construction Engineering sees profit rise 34.4pc

    Posted Aug 25th 2014, 12:06pm by Langi Chiang

    ... slightly up on Monday but later pared their gain to a loss of 0.3 per cent at 11am, when they were trading at 3.18 yuan. In the first six months of the year, revenue grew 24.2 per cent to 374.9 ...

  4. Property - International - SOUTH KOREA

    South Korea's homebuyers buoyed by eased mortgage curbs

    Posted Aug 27th 2014, 05:34am by BLOOM

    ... a new home, packing and moving every two years, whenever the lease contract expires," said Choi, who works at a chemical trading firm and had a 24 per cent increase in rent in May when he ...

  5. Business - Money - LISTINGS

    Lukewarm retail response sees China Vast add to international IPO offering

    Posted Aug 22nd 2014, 10:36am by Enoch Yiu

    ... investors. Cornerstone investor Dyfed Holdings subscribed for 75 million shares, or 22.87 per cent of the offering. The shares will begin trading on Monday. China Vast, which develops large ...

  6. Property - Hong Kong & China - MERGERS

    Stronger Chinese developers advised to snap up cheaper and weaker peers

    Posted Aug 20th 2014, 05:27am by Langi Chiang

    ... and Shanghai, as supply in core areas was scarce. Local governments were also reluctant to cut prices despite the market downturn. On the other hand, most developers are trading at price-earnings ratios ...

  7. Property - Hong Kong & China - SHOPS

    Doubts expressed on future of subdivided retail floors

    Posted Aug 20th 2014, 05:21am by Sandy Li

    ... vacant for years given the poor trade mix. You may see these malls have retailers selling candies next to a Chinese herb doctor and tailor. It is hard to draw shoppers." The resale ...

  8. Comment - Insight & Opinion - BRICKS & MORTAR

    Hong Kong faces serious shortage of industrial land for logistics use

    Posted Aug 18th 2014, 12:34pm by Peggy Sito

    ... is emerging as a barrier to the development of the city's trade and retail sectors. International property consultant CBRE estimates the warehouse vacancy rate dropped to 0.4 per cent in June ...

  9. Business - Companies

    Harbour Ring shares jump on news of stake disposal

    Posted Aug 12th 2014, 10:17am by Staff Reporter

    ... Staff reporter Hutchison Harbour Ring shares jumped as much as 20 per cent to HK$0.78 when they resumed trading on Tuesday morning after the firm’s controlling shareholders said they might ... the best-performing in early trading on the bourse. The company, a unit of billionaire Li Ka-shing’s Hutchison Whampoa, invests in commercial property in Shanghai. Hutchison units Promising Land International ...

  10. Property - Hong Kong & China - PROPERTY

    Chinese finance firms target Central offices

    Posted Aug 18th 2014, 03:56am by Peggy Sito

    ... by the upcoming through train scheme, said Lee. The scheme, to be launched in October, will allow cross-border stock trading between Shanghai and Hong Kong. Mainland companies are upgrading and expanding. ...




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