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  1. Poor residential site sales lead to market pessimism Poor site sales lead to market pessimism

    Posted Aug 31st 2011, 12:00am

    ... land sale results. 'The previous sale results have been worse than expected and have had quite a large impact on market sentiment,' said Vincent Cheung Kiu-cho, Cushman & ... on Tuesday. Two recent government sales of land plots- a luxury residential site in Kau To, Sha Tin, and a commercial-residential site in North Point's Oil Street- fetched less than the market ...

  2. China Overseas lifts sales mark

    Posted Aug 11th 2012, 12:00am

    ... Paggie Leung paggie.leung@scmp.com China Overseas Land and Investment has lifted its full-year property sales target by a quarter to HK$100 billion, despite believing ... interim results that China Overseas Land achieved a record high of HK$65.15 billion in property sales in the first half of this year, an increase of 24.7 per cent from the year-earlier half. ...

  3. 'Apply sale rules to all homes'

    Posted Aug 08th 2012, 12:00am

    ... transparent about the true size of the new flats they put up for sale. However, that will leave secondary market sales open to continued misinformation about the actual usable area of flats, say critics, who believe the provisions of the new law should be extended to such sales as well. Leland Sun, managing director of Hong Kong-based mortgage financier Pan Asian Mortgage, believes the new ...

  4. Pre-sale talk fuels slump in developers

    Posted Aug 03rd 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Mainland property stocks slumped yesterday after news agency 21st Century Media reported speculation that the government would cancel the pre-sale system, ... effective cooling measures in the property market. The academy expects the sales volume of residential properties will increase to 1.4 billion square metres in 2016 from about 970 million sqmetres ...

  5. Exams take toll on sales in June

    Posted Jul 04th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Sales of secondary homes in Hong Kong edged higher thanks over the holiday weekend, but sales of new flats rose more strongly. Research by property agency ... the previous week. But sales dropped if compared on a daily basis, with five deals a day recorded during the holiday compared with six a week ago. The school examination season in May and June ...

  6. LaSalle eyes return to HK market after Novotel sale

    Posted May 02nd 2012, 12:00am

    ... after the hotel sale. 'We are thinking about re-entering the market,' said Guest. On April 3, LaSalle's investment fund, LaSalle Asia Opportunity Fund II, sold the hotel ... buying sentiment, increased sales and falling mortgage rates in the past three months. The company has yet not finalised the revised prediction. Guest said the company was still confident ...

  7. Temasek sale jolts top China lenders

    Posted May 04th 2012, 12:00am

    ... of less than full confidence in the growth prospects for both banks,' said Jim Antos, a senior analyst at Mizuho Securities. 'It can't be accidental that the sale comes on the heels ... sale would increase near-term price volatility, because of a knee-jerk reaction to the sale. In July last year, Temasek sold 1.5 billion CCB shares at HK$6.26 each. Less than two months later, ...

  8. Bank puts centenary notes sale act in order

    Posted Feb 28th 2012, 12:00am

    ... Simpson Cheung simpson.cheung@scmp.com The remaining 405,000 single HK$100 banknotes marking the Bank of China's centenary will be available for pre-order only at the end of next month after the mad rush for the bills saw sales halted two weeks ago. This time, applications have to be made online or by handing in a special form at branches from March 26 to 31. A source ...

  9. Ping An bond sale to 'boost solvency'

    Posted Mar 17th 2012, 12:00am

    ... billion) of convertible bonds. The process normally takes six to nine months. Ping An unveiled the bond sale plan in December, just nine months after raising HK$19.5 billion through a share ...

  10. Goldman prepares for ICBC share sale

    Posted Mar 06th 2012, 12:00am

    ... and BlackRock, to seek their thoughts on the possible sale of ICBC shares. There was no term sheet or related official document provided, the sources said. The feedback was not overly positive as some ... of most mainland banking stocks had almost peaked around 20 per cent this year. Goldman Sachs has raised more than US$5.2 billion via its three sell-downs since 2009. Its last sale of ICBC shares ...




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