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  1. Property - Hong Kong & China - BRICKS & MORTAR

    SHKP to build on sites where Housing Society deemed project too costly

    Posted Jul 14th 2014, 11:29am by Yvonne Liu

    ... Yvonne Liu Tin Shui Wai sites abandoned by Housing Society as too costly have new lease of life High cost for some an opportunity to profit for others A private developer is confident it can profitably build on sites where the Housing Society abandoned a residential project for the elderly as being too expensive. Sun Hung Kai Properties snapped up two sites in Tin Shui Wai ...

    http://www.scmp.com/property/hong-kong-china/article/1553911/shkp-build-sites-where-housing-society-deemed-project-too
  2. Property - Hong Kong & China - LUXURY PROPERTY

    5,000 jostle for cut-price luxury flats at The Cullinan in West Kowloon

    Posted Oct 13th 2013, 12:00am by KANIS LI

    ... At an average of HK$29,098 per square foot of saleable area, the cheapest flat cost more than HK$12 million. The massive demand prompted Sun Hung Kai Properties (SHKP) to raise the average selling price ... with peers," economist Andy Kwan Cheuk-chiu said. "I expect there will still be quite strong demand, as the supply of luxury flats in the first half was low." Property transactions have ...

    http://www.scmp.com/property/hong-kong-china/article/1330572/5000-jostle-cut-price-luxury-flats-cullinan-west-kowloon
  3. Anti-graft law should cover all, says prosecutor

    Posted May 12th 2012, 12:00am

    ... Simpson Cheung simpson.cheung@scmp.com The city's top prosecutor says the anti-corruption law should cover everyone, including the chief executive, after Donald Tsang Yam-keung's alleged conflict of interest revealed loopholes in the ordinance. Director of Public Prosecutions Kevin Zervos said no one should be above the law. Graft-busters are investigating Tsang's ...

    http://www.scmp.com/article/1000741/anti-graft-law-should-cover-all-says-prosecutor
  4. Property - Hong Kong & China - PROPERTY

    SHKP shares down after unveiling warrant issue

    Posted Mar 04th 2014, 06:50am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com SHKP shares down after unveiling warrant issue Shares of Sun Hung Kai Properties (SHKP) fell after the firm last Friday announced an unexpected bonus warrant ... for the six months to December owing to lower property sales. Under the proposed warrant issue, each warrant will entitle the holder to subscribe to one new share at HK$98.60. Based on the controlling ...

    http://www.scmp.com/property/hong-kong-china/article/1439698/shkp-shares-down-after-unveiling-warrant-issue
  5. Property - Hong Kong & China - FORECASTS

    Sun Hung Kai Properties sees steady prices even as analysts forecast falls

    Posted Feb 12th 2014, 04:29am by Sandy Li

    ... steady prices amid the gloom The deputy managing director of Sun Hung Kai Properties, Victor Lui Ting, said he expected homes prices to be steady this year even as analysts made gloomy forecasts ... of the requirements of the Residential Properties (First-hand Sales) Ordinance that came into effect at the end of April. "Each brochure costs about HK$1,000 to produce," he said. SHKP apparently ...

    http://www.scmp.com/property/hong-kong-china/article/1426061/sun-hung-kai-properties-sees-steady-prices-even-analysts
  6. Property - Hong Kong & China - PROPERTY DEVELOPMENT

    Hong Kong developers’ profit margins squeezed

    Posted Mar 06th 2014, 11:25am by Sandy Li

    ... and 2010, Nicole Wong, CLSA’s regional head of property research, said. However, for projects on sites developers bought in the past few years, profit margins would shrink to between 20 per cent ... bought by cashed-up mainlanders. In March that year, Sun Hung Kai Properties paid HK$10.9 billion for a residential plot in Ho Man Tin, the second-highest price ever for a development site. ...

    http://www.scmp.com/property/hong-kong-china/article/1441672/hong-kong-developers-profit-margins-squeezed
  7. Comment - Insight & Opinion - MY TAKE

    Comparisons can solve gross problem

    Posted Mar 21st 2013, 12:00am by Alex Lo

    ... attempts to make the sale of properties more transparent and fairer for buyers. Even so, it is right to argue that gross floor areas should also be included in sales brochures. The Residential Properties (First-hand Sales) Ordinance will come into effect at the end of next month. Under the new law, developers and agents must use the new standard saleable area in the place of gross floor ...

    http://www.scmp.com/comment/insight-opinion/article/1195686/comparisons-can-solve-gross-problem
  8. News - Hong Kong - COURTS

    Both sides seek out top overseas lawyers in Kwok brothers graft trial

    Posted Oct 13th 2012, 12:00am by Simpson Cheung, Austin Chiu

    ... the prosecution to seek court permission to hire MacDonald. Graft-busters have charged Thomas Kwok Ping-kwong, 61, and Raymond Kwok Ping-luen, 59 - the co-chairmen of Sun Hung Kai Properties - and former ... was listed the fourth most influential UK lawyer by Times Law 100. Zervos said the prosecution also needed more time to collect evidence from overseas and prepare court documents. The tycoon ...

    http://www.scmp.com/news/hong-kong/article/1059933/both-sides-seek-out-top-overseas-lawyers-kwok-brothers-graft-trial
  9. Property - Hong Kong & China - DEVELOPERS

    SHKP share sale seen as move towards succession

    Posted Dec 05th 2013, 06:00am by Sandy Li, Peggy Sito

    ... Sandy Li and Peggy Sito SHKP share sale seen as move towards succession Kwong Siu-hing, the 84-year-old matriarch who controls Sun Hung Kai Properties (SHKP), is expected to accelerate the succession plan after she reduced her shareholding in a trust that controls the HK$262 billion property empire. The mother of the SHKP co-chairmen, Thomas Kwok Ping-kwong and Raymond Kwok Ping-luen, ...

    http://www.scmp.com/property/hong-kong-china/article/1373294/shkp-share-sale-seen-move-towards-succession
  10. Brokerage fined HK$4m over price-rigging

    Posted Oct 13th 2009, 12:00am by Enoch Yiu

    ... such as price-rigging or illegal short selling. Before the new law was passed, it could only revoke or suspend a brokerage licence, but a fine was seen as more effective punishment. The Market Misconduct ...

    http://www.scmp.com/article/695234/brokerage-fined-hk4m-over-price-rigging

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