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  • July 23, 2014
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  1. Property - International - CANADA

    Toronto condo sales surge on rentals demand

    Posted Jul 23rd 2014, 05:20am by Bloomberg

    ... Bloomberg in Toronto Investors snap up Toronto flats as rising prices push more out of the buying market Condominium sales surge on rentals demand Toronto condominium sales jumped in the second quarter, as investors in Canada's biggest city soaked up a wave of supply to feed demand for rentals. Unit sales rose 10 per cent to 6,553 in the three months ended in June from ...

    http://www.scmp.com/property/international/article/1557222/toronto-condo-sales-surge-rentals-demand
  2. Property - Hong Kong & China - HOUSING

    Prices rise amid tight supply of flats as sales decrease

    Posted Jul 22nd 2014, 02:56pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Sales down, prices up in tight market for flats Tight housing supply led to a decrease in secondary home sales in Hong Kong last week, but prices continue ... per cent from the 200 sales the previous week. But property prices increased for the eighth consecutive week, rising 0.2 per cent last week, the agency said. The Centa-City Leading Index from ...

    http://www.scmp.com/property/hong-kong-china/article/1557160/prices-rise-amid-tight-supply-flats-sales-decrease
  3. Property - Hong Kong & China - STRATEGY

    Property agencies pin hopes on alliances, internet finance as sales slump

    Posted Jul 22nd 2014, 03:07pm by Langi Chiang

    ... of internet, property and finance." Data from Century 21 showed secondary home sales in Beijing fell 53.5 per cent in the first half of this year from a year earlier to 44,000 units. The National Bureau of Statistics last week said sales revenues for new homes fell 9.2 per cent in the first six months from a year earlier to 2.6 trillion yuan. "All the agencies combined closed about ...

    http://www.scmp.com/property/hong-kong-china/article/1557162/property-agencies-pin-hopes-alliances-internet-finance
  4. Business - China Business - EARNINGS

    Huawei sees solid year after first-half sales grow 19 per cent

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Telecoms equipment supplier bullish on outlook after posting 19 per cent rise in first-half revenue Huawei expects strong demand for its products Huawei Technologies, the world's second-biggest telecommunications equipm ...

    http://www.scmp.com/business/china-business/article/1557079/huawei-sees-solid-year-after-first-half-sales-grow-19-cent
  5. Property - Hong Kong & China - HOME SALES

    Many keen to buy flats they can't view, as big crowd at Mont Vert sales office shows

    Posted Jul 20th 2014, 06:06am by Toh Han Shih

    ... development yesterday despite concern in some quarters that the sales tactics of the developer are questionable. Long queues formed at the Fortune Metropolis mall in Hung Hom, where Cheung Kong, controlled by Asia's richest man, Li Ka-shing, is marketing the Tai Po development. By Friday, over 1,200 applications had been received for balloting to buy the 260 Phase 1 flats for sale ...

    http://www.scmp.com/property/hong-kong-china/article/1556676/many-keen-buy-flats-they-cant-view-big-crowd-mont-vert
  6. News - Hong Kong - TECHNOLOGY

    Hong Kong expected to lead the way as smartwatch sales predicted to soar

    Posted Jul 20th 2014, 06:06am by MICHAEL DE WAAL-MONTGOMERY

    ... Michael de Waal-Montgomery michael.dwm@scmp.com Hong Kong expected to lead the way on latest gadget, with global sales predicted to hit US$50b Armed and ready, smartwatches are no comic ... society needs. In Hong Kong, where tech-savvy shoppers have long been early adopters of the latest gadgets, smartwatch sales are expected to soar. Market research firm Counterpoint Technology ...

    http://www.scmp.com/news/hong-kong/article/1556674/hong-kong-expected-lead-way-smartwatch-sales-predicted-soar
  7. Business - Companies - EARNINGS

    Google's second-quarter revenue tops estimates on robust ad sales

    Posted Jul 19th 2014, 01:58am by BLOOM

    ... Bloomberg in San Francisco Google revenue tops estimates on robust ad sales Google's sales exceeded estimates in the second quarter as the company sold more advertising alongside web-search results. Revenue, excluding sales passed on to partners, was US$12.7 billion, the company said. That beat the average projection of analysts for US$12.3 billion. Google chief executive ...

    http://www.scmp.com/business/companies/article/1556529/googles-second-quarter-revenue-tops-estimates-robust-ad-sales
  8. News - China - PROPERTY SALES

    Beijing first-half property sales fall 34.8 year-on-year, driven by residences

    Posted Jul 18th 2014, 02:43pm by MANDY ZUO

    ... Overall property sales in Beijing slumped by 34.8 per cent in the first half of this year compared with the first half of last year amid a stagnant real estate market nationwide. The Beijing municipal government reported today that sales of residential units in the first half fell by 35.2 per cent, indicating that the restrictions imposed to curb skyrocketing property prices were ...

    http://www.scmp.com/news/china/article/1556117/beijing-first-half-property-sales-fall-348-year-year-driven-residences
  9. News - China Insider - CULTURE

    Mainland Chinese buyers contribute significantly to global art sales: report

    Posted Jul 16th 2014, 08:14pm by Jeremy Blum

    ... to the report, in the first six months of 2014, Christie’s experienced a record half year, with art sales of around US$4.5 billion (HK$35 billion), a 12 per cent increase from the previous year. Christie’s sales at its Asian auction houses declined by eight per cent, but sales to clients based in Asia rose to encompass 28 per cent of the company’s total half year profit. Buyers from Greater ...

    http://www.scmp.com/news/china-insider/article/1555397/mainland-chinese-buyers-contribute-significantly-global-art-sales
  10. Property - Hong Kong & China

    Hong Kong luxury housing market back in spotlight after record sale prices

    Posted Jul 12th 2014, 12:53am by PEGGY SITO AND YVONNE LIU

    ... a series of government measures designed to rein in the market, beginning in October 2012. Howard Lo, senior district sales director at property agent Midland Realty, said about 80 per cent ... months in the doldrums, the luxury residential market has been in the spotlight recently following Sun Hung Kai Properties' sale of all four houses at The Seafront development in Tsing Lung ...

    http://www.scmp.com/property/hong-kong-china/article/1552387/hong-kong-luxury-housing-market-back-spotlight-after-record

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