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  • October 20, 2014
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  1. News - China - YANGTZE BRIEFING

    Reins on Shanghai set to be loosened

    Posted Mar 09th 2013, 12:00am by Daniel Ren

    ... outlook always seemed likely to give Shanghai's leaders more sway to speed up development of the city. In the speech at the Shanghai NPC delegation meeting, Xi likened the courage needed ...

  2. Property - Hong Kong & China - Tax

    As China drafts property tax law, fate of pilot programme up in the air

    Posted Mar 11th 2014, 02:29pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Confusion over trial property tax The mainland has started drafting a property tax law, but analysts are not sure whether it means a pilot programme ... Congress, told reporters on Sunday that the government "is drafting the [property tax] law and will submit it for approval when the time is ripe". That relieved some industry figures, ...

  3. Property - Hong Kong & China

    Expat rental rates to keep on rising in Shanghai

    Posted Apr 02nd 2013, 12:00am by Peggy Sito

    ... due to a strong inflow of foreigners and tightened credit and home buying restrictions imposed by the central government, according to property consultancy Knight Frank. The number of foreign ... Housing Market Insights 2013" report. "The city's economic growth and its status as China's financial capital continued to attract foreign workers," said Regina Yang, head ...

  4. Outlook rosy for Shanghai

    Posted Aug 27th 2003, 12:00am by Peggy Sito

    ... year on year. JP Morgan said property sales had been robust; developers were generally carrying little or no unsold stock. 'We think the Shanghai market could be entering its harvest ... that affordability in the low-end to mid-range segment remains sound while discouraging any speculative activities in the market,'' the report said. During the property correction in 1998, Shanghai ...

  5. Business - Comment - MR. SHANGKONG

    Hong Kong's top ranking for economic freedom feels a good laugh

    Posted Jan 20th 2014, 12:15am by George Chen

    ... George Chen george.chen@scmp.com Doubts are growing over the city's competitive edge as a business hub in the wake of HKTV's licence saga and the debate over new property taxes ... economy". The government has tightened its control on many sectors, from the old-fashioned property business to broadcasting services in the digital era. Chief Executive Leung Chun-ying's ...

  6. First property firm fails under mainland curbs

    Posted Apr 11th 2012, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com A Hangzhou property firm has become the first developer to file for bankruptcy since the central government introduced curbs on the housing market last year. And more struggling small property firms are expected to go bust soon. Hangzhou Glory Real Estate, which developed a residential complex in Yuhang district, is undergoing liquidation ...

  7. Business - China Business - PROPERTY

    Shanghai site fetches year high of 4.6b yuan

    Posted May 30th 2013, 12:00am by Yvonne Liu

    ... "stable" outlooks, up from 20 at the end of last year. "The sector has rebounded from the trough in the middle of last year when there was negative growth in property sales value," ... are turning active in land acquisitions as it is easier to raise funds through offshore bond markets this year." Another reason was that the property market had improved from last year. ...

  8. 'Spaceship' a highlight of Shui On project

    Posted May 23rd 2011, 12:00am

    ... Lee. Commenting on the outlook for the mainland property market, Lee said recovery would take longer as a result of the tough measures imposed by the central government since April last year. ... Sandy Li sandy.li@scmp.com An exhibition centre in the form of a 'spaceship' will be a drawing card of Shui On Land's proposed multibillion-yuan property development ...

  9. Genvon hopes for better fortunes in mainland property market

    Posted Dec 20th 2010, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Genvon Group, a loss-making manufacturer of power and hand tools, is diversifying into property development in the mainland's lower-tier cities in a bid to turn ... austerity measures could create bargain land prices. 'History tells us that a tightening of the property sector was always followed by a sharp rebound, although austerity measures could curb ...

  10. Mainland markets plummet

    Posted Jul 17th 2012, 12:00am

    ... Monetary Fund last night cut its growth forecast for the slowing economy, saying a 'hard landing' was still possible. It reduced its China growth outlook for the year by 0.2 percentage point to 8 per cent and for 2013 by 0.3 point to 8.5 per cent. The key Shanghai Composite Index slid 37.94 points, or 1.74 per cent, to 2,147.95, hitting the lowest level since March 13, 2009. ...




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