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  • September 24, 2014
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  1. Officials failed to read property market

    Posted Mar 30th 2004, 12:00am by Staff Reporter

    ... this time was that they were unable to predict the property market, even knowing that land sales and construction had been stopped and measures taken to boost prices. However, the Hunghom Peninsula, another faulty deal, was signed about a month ago. It is clear property prices have been on the rise since December last year and prices in nearby upscale Laguna Verde have appreciated by 25 to 40 ...

  2. Profit taking caps gains for banks, properties

    Posted Nov 05th 2003, 12:00am by Staff Reporter

    ... were not many themes in the market [yesterday] apart from rotational buying- first it was properties, then banks, and eventually profit taking took over,' said Jason Ho, a director ... and in the domestic market, are becoming an almost daily feature. A major United States investment house helped underpin the gains after saying it expected further share price gains for Hong Kong banks ...

  3. Macau office tower sale signals market recovery

    Posted Jun 16th 2010, 12:00am by Peggy Sito

    ... The signing of the deal signalled that sentiment in the Macau property market was recovering from the lows reached during the crisis, property agents said. Located at Avenida Xian Xing Hai, opposite ... Property, a real estate fund listed on London's Alternative Investment Market. The vendor was US investment bank Morgan Stanley and the price was believed to have been close to HK$1.3 billion. ...

  4. Charges of intellectual property theft a blot on Chery's rise

    Posted Oct 01st 2009, 12:00am by Kandy Wong

    ... well-known QQ brand of small cars sells well in the smaller cities across the mainland but has also led to a high-profile intellectual property dispute with industry giant General Motors. Chery ... of Wuhu, Anhui province, has also focused on boosting sales in overseas markets. It built its first overseas plant in Iran in 2003 and started to produce the QQ there in 2005. It has also built ...

  5. Blackstone bags 13.5pc discount in revised Shanghai property deal

    Posted Oct 24th 2008, 12:00am by Peggy Sito

    ... to the 1.02 billion yuan at which VXL agreed in June to sell a 90 per cent stake in the property. The deal is scheduled to be closed by the end of this month. Sources said the falling property market ... Peggy Sito United States private equity company Blackstone Group has clinched a 13.47 per cent discount for the Shanghai property it agreed to buy four months ago, taking advantage ...

  6. Sotheby's realty arm eyes luxury market

    Posted Sep 29th 2010, 12:00am by Peggy Sito

    ... Peggy Sito A surge in demand for luxury homes and apartments in Hong Kong has lured US-based estate agency franchise Sotheby's International Realty to enter the market. Local property ... Wing-kit, executive director of Centaline Property Agency, said there was room in the market for more players, and new entrants would not affect its leading position. He said Centaline ...

  7. KWG raises HK$1.5b in rush to tap market

    Posted Jul 01st 2009, 12:00am by Peggy Sito

    ... Peggy Sito and Wong Ka-chun Guangzhou-based KWG Property Holding has joined the fray of property developers tapping the stock market, reaping HK$1.53 billion from a top-up share sale ... weeks: China Resources Land, Hopson Development Holdings, Soho China and SRE Group. The developers took advantage of the reviving property market and the return of investor interest in mainland ...

  8. Kashgar rides property boom as 'new Shenzhen'

    Posted Aug 02nd 2010, 12:00am by Sandy Li

    ... called a 'dream investment'. In Kashgar he was escorted by a local property agent who picked him up from the airport. After a two-day search Ji bought a 120 sqmetre apartment at Hai ... and troops guard the People's Park in the city centre at night. 'I won't use the flat anyway. It's an investment property and I'll sell it if property prices double ...

  9. Controversy clouds Hunghom property sale

    Posted Feb 16th 2004, 12:00am by Stephen Seawright

    ... public housing estate back to its developer at a steep market discount last week has handed two of Hong Kong's property giants a golden opportunity to earn windfall profits. Controversy over ... the project as envisaged. The cut-price sale to Sun Hung Kai Properties and a New World Development unit also came under fire for favouring big developers that increasingly face an uncontested market ...

  10. Realtor to unplug key properties

    Posted Feb 03rd 2004, 12:00am by Carolyn Ong

    ... Carolyn Ong Commercial real-estate management company Jones Lang LaSalle has teamed up with chipmaker Intel to set up Wi-fi access at seven properties in Asia, including Hong Kong's Citicorp Centre. The two companies would not discuss the costs of wiring up the buildings, but Jones Lang LaSalle officials said installing Wi-fi would add value to its property portfolio because ...




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