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  • October 2, 2014
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  1. Property - Hong Kong & China

    CIFI Group, Franshion post solid earnings growth for 2013

    Posted Feb 27th 2014, 01:35am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Cifi and Franshion post solidearnings Two mainland developers reported encouraging earnings results yesterday as the housing and commercial property markets grew last year, casting a positive glow on the long-term outlook despite an anticipated slowdown in the economy. Cifi, a medium-sized residential developer with projects in first ...

    http://www.scmp.com/property/hong-kong-china/article/1435962/cifi-group-franshion-post-solid-earnings-growth-2013
  2. Business - China Business - PROPERTY

    Longfor Properties banks on lower profit margins in 2013

    Posted Aug 18th 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com The mainland developer voices confidence in better times ahead, with expectations that higher sales and investment properties will lift returns in future Longfor banks on lower profit margins in 2013 Mainland developer Longfor Properties is confident about its business outlook even though it expects a drop in gross profit margin next year. ...

    http://www.scmp.com/business/china-business/article/1017448/longfor-properties-banks-lower-profit-margins-2013
  3. Comment - Insight & Opinion

    Local students in Hong Kong would benefit from an international outlook

    Posted Sep 22nd 2014, 02:38pm by NORM DEAN

    ... planet, community partnerships and intellectual rigour through practical learning. It is vital that all schools aim to foster a more international outlook if today's students are to become ...

    http://www.scmp.com/comment/article/1597929/local-students-hong-kong-would-benefit-international-outlook
  4. Property - International

    British PM David Cameron woos voters with new discount homes

    Posted Oct 01st 2014, 04:23am by Reuters

    ... was announced on Saturday, the eve of the party's annual conference, the last before the vote. Property is a politically potent issue in a country facing a housing shortage that has pushed prices ... policymaker published in March said the country needed one million homes. Construction of homes in England slumped after the 2007-09 financial crisis and is still struggling to recover. In 2013 ...

    http://www.scmp.com/property/international/article/1604698/british-pm-david-cameron-woos-voters-new-discount-homes
  5. Business - Companies - EARNINGS

    K Wah aims to double its investment property portfolio

    Posted Aug 25th 2014, 02:26pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com K Wah to step up investment focus after sales slide K Wah International aims to double its investment property portfolio to 200,000 square metres in the next three to four years in a bid to enhance its recurrent income after first-half profit sank 76 per cent to HK$214 million due to a sharp fall in property sales. Excluding a HK$101.94 million ...

    http://www.scmp.com/business/companies/article/1580530/k-wah-international-profit-down-76pc
  6. Business - Economy - CHINA

    Mainland consumers more pessimistic this month

    Posted Aug 27th 2014, 10:33am by Victoria Ruan

    ... of the year. Current personal finances declined to 104.5 from 108.5 in the previous month, the lowest since July 2013. The employment outlook indicator fell below 100, the lowest since March. While ... personal finances and the employment outlook weakened, a survey found. As the Chinese government has kept a tight grip on credit, economic activities have shown increasing signs of a slowdown due ...

    http://www.scmp.com/business/economy/article/1581060/mainland-consumers-more-pessimistic-month
  7. Property - Hong Kong & China - PROPERTY

    Looser mortgage rules seen boosting China's sluggish property market

    Posted Oct 01st 2014, 04:23am by Toh Han Shih, VICTORIA RUAN AND PEGGY SITO

    ... and China Banking Regulatory Commission yesterday announced a major loosening of the mortgage rules for the mainland property market, which is expected to give a boost to the sluggish sector. Economists see the slowing property market as the biggest risk facing the world's second-largest economy, with international ratings agency Moody's warning of further downward price ...

    http://www.scmp.com/property/hong-kong-china/article/1604970/looser-mortgage-rules-seen-boosting-chinas-sluggish
  8. Property - International - INVESTMENT

    Protests may prompt more Hongkongers to seek properties abroad

    Posted Sep 30th 2014, 01:43pm by Peggy Sito

    ... in the city continues, say agents selling overseas properties. They expect to see an increase in overseas property sales but some exhibitions on projects abroad scheduled in the districts affected ... cancelled due to the protests. "[The instability in the city] may prompt people to plan ahead again," said Neil Jenson, head of Asian operations at British property agency Fraser & Co. ...

    http://www.scmp.com/property/international/article/1604514/protests-may-prompt-more-hongkongers-seek-properties-abroad
  9. Business - China Business - EARNINGS

    New World China cuts sales target after net profit inches up 0.5pc

    Posted Sep 23rd 2014, 02:39pm by Yvonne Liu

    ... cuts sales target on flat net growth New World China Land, the mainland property arm of New World Development, said it cut its sales target for the current financial year by 15 per cent given ... the restrictions in buying homes, the inventory in third- and fourth-tier cities remains high," said Lynda Ngan Man-ying, executive director at New World China. "Property prices will be under ...

    http://www.scmp.com/business/china-business/article/1598678/new-world-china-beats-forecasts-05pc-rise-net-profit
  10. Business - Companies - RETAIL

    Link Reit sells five properties

    Posted Sep 30th 2014, 11:53am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com The Link Real Estate Investment Trust, Asia’s largest reit, said it has sold five of its properties in Hong Kong for HK$1.72 billion. Last month, the reit announced putting the five properties on a private tender, which closed on Thursday. It was reported to have received 20 bids. The properties sold are the retail portion and parking spaces in Choi ...

    http://www.scmp.com/business/companies/article/1604476/link-reit-sells-five-properties

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