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  • September 22, 2014
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  1. Hon Kwok plans bigger footprint on mainland

    Posted Dec 11th 2009, 12:00am by Peggy Sito

    ... of the investment. 'Property assets in Hong Kong are too expensive. We have no option but look to the north,' said Fung. The mainland expansion plan was unveiled after the company announced a 126.2 ... from the sale of 145 units in a residential project in Guangzhou. Fung said the group's rental income would improve when 410 serviced apartments and hotel rooms under the Bauhinia brand ...

  2. Restaurant chain begins HK$165m IPO to fund push into new cities

    Posted Apr 07th 2011, 12:00am

    ... Jin Jiang International Hotels. Rental expenses amounted to 45.3 million yuan last year, representing 7.5 per cent of the total revenue, up from 31.9 million yuan and 7.1 per cent in 2009, ... in Hong Kong. 'The rent in Hong Kong is too expensive,' said Matthew Leung, chief financial officer of the restaurant group. 'Unless things change, opening a restaurant in Hong Kong ...

  3. Shenzhen has potential

    Posted May 31st 2011, 12:00am

    ... Keith Chan With higher capital values and lower rentals, the office market in Shenzhen offers a lower yield than in Beijing and Shanghai. However, it still offers great potential from ... assets can assure stable rental income in the long-term and potential premiums on asset appreciation to the landlord, while helping to boost the company profile. He believes Shenzhen's ...

  4. News - China - CONSTRUCTION

    Shenzhen construction on hold after alert over cheap sand in concrete

    Posted Mar 16th 2013, 12:00am by HUIFENG HE

    ... government's press conference. China Central Television reported on Thursday that many Shenzhen developers replaced expensive river sand with much cheaper sea sand as a building material. It named ... concrete-mixing plants, of using seawater instead of much more expensive fresh water to wash sand. It said sea sand was used in several government-funded projects, including subways. Shenzhen Metro ...

  5. News - China - LOCAL GOVERNMENT

    Shenzhen three-year plan just a veneer, observers say

    Posted May 11th 2013, 12:00am by He Huifeng

    ... of Social Science, described the programme as disappointing. "We see no courage and insight from the plan to move on legal reform, to cut down the huge government debts and expenses ...

  6. News - China

    Shenzhen party chief ditches Audi for electric car

    Posted Jan 17th 2013, 02:06pm by Amy Li

    ... Shenzhen’s Communist Party chief Wang Rong recently replaced his Audi A6 with a China-made electric car in a bid to promote green living, reported China's  Southern Metropolis Daily on Thursday. Officials of Wang's rank are entitled to a motor vehicle costing up to 350,000 yuan (HK$436,000) for official use only with all expenses paid by the government. While Wang has ...

  7. Property - Hong Kong & China - SHOPPING

    More fast-fashion chains move into Shenzhen shopping centres

    Posted Apr 17th 2013, 12:00am by Paggie Leung

    ... and the other in yuan, meaning it is about 20 per cent more expensive to buy on the mainland," he said. Denis Ma On-ping, director of research for the greater Pearl River Delta region at Jones Lang ...

  8. News - China - PROPERTY

    Flat owners reject official test results on suspected substandard concrete

    Posted Mar 24th 2013, 12:00am by He Huifeng

    ... be evidence to prove the property developers did not replace expensive river sand with much cheaper sea sand as their building material. We want them to provide documentary proof of the sand ...

  9. Guangzhou office prices at record high

    Posted Aug 08th 2012, 12:00am

    ... with fewer buyers in the market, more landlords are putting their commercial properties on the rental market, and a series of new projects will also be launched in Guangzhou's Pearl River New ...

  10. Low-priced homes lure HK buyers

    Posted Oct 21st 2009, 12:00am by Sandy Li

    ... Wu checkpoint. It is the most expensive in my portfolio,' said Tang, who has kept one of the four small apartments in his portfolio for his own use and refurbished one as a library ... bought two small residential units in Shenzhen this year for a total of about 1.1 million yuan. 'They provide rental income from day one as I bought the apartments with leases,' he ...




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