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  1. Property - Hong Kong & China - COMMERCIAL

    Shimao Property pays a lower price for commercial site in Qianhai

    Posted Nov 28th 2013, 04:16am by Sandy Li

    ... Sandy Li sandy.li@scmp.com The developer wins large commercial plot sold in economic zone with 2.43 billion yuan bid, below per metre price of previous auction Shimao pays less at Qianhai office site Shimao Property Holding won a large commercial office development site in Qianhai for 2.43 billion yuan (HK$3.07 billion) at a government auction yesterday, about 25 per cent below ...

  2. Property - Hong Kong & China

    Shimao to hit 2013 sales target ahead of schedule

    Posted Aug 21st 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Shimao to hit 2013 sales target ahead of schedule Shimao Property Holdings said it would achieve its full-year sales target of 55 billion yuan (HK$69.16 ... Services raised its long-term corporate credit rating on Shimao Property to BB from BB-minus. ...

  3. Morgan Stanley warning sparks property sell-off

    Posted Sep 13th 2008, 12:00am by Sandy Li

    ... in a report. 'The impact on banks' earnings may be substantial.' The report singled out Guangzhou R&F Properties as facing the worst solvency risks, while Shimao Property Holdings ... Sandy Li Mainland property stocks continued to fall yesterday after Morgan Stanley warned the market could be headed for a meltdown as home prices and sales slumped, putting developers ...

  4. Rescue plan exclusion dents property shares

    Posted Feb 28th 2009, 12:00am by Sandy Li

    ... comments, Hong Kong-listed mainland developer Guangzhou R&F Properties tumbled 9.37 per cent to HK$5.90. China Overseas Land & Investment fell 3.36 per cent to HK$10.34, and Shimao Property ... Sandy Li Mainland property stocks tumbled yesterday after the country's economic planning agency stated that no further stimulus measures were planned for the industry. The share ...

  5. Shimao Property to inject assets

    Posted Jun 08th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Deal with sister firm takes advantage of valuation gap between A and H shares Shimao Property Holdings plans to inject assets into a Shanghai-listed sister company in a deal analysts said could allow it to take advantage of the valuation gap between the Hong Kong and mainland stock markets. Hong Kong-listed Shimao Property is controlled by Hui Wing-mau, ...

  6. Business - China Business - EARNINGS

    Shimao Property seals mortgage loan deal with banks

    Posted Mar 26th 2014, 06:34am by Sandy Li, Langi Chiang

    ... Sandy Li and Langi Chiang Shimao seals mortgage loan deal with banks Shimao Property says it has signed strategic agreements with the mainland's four biggest banks to provide up to 30 ... properties to shore up cash flow to finance construction costs and land premiums and reduce debt. He said Shimao would build more "mini" shopping centres and hotels instead of large ...

  7. Shimao Property buys luxury apartment project for 805m yuan

    Posted Jun 05th 2010, 12:00am by Sandy Li

    ... Sandy Li Shimao Property Holdings has acquired a luxury serviced apartment project in Beijing for 805 million yuan (HK$918.5 million). The property, Oakwood Residence Beijing, in Chaoyang ... per cent. The authorities have also banned mortgages on purchases of a third property and imposed residency requirements on buyers. For the first five months of this year, Shimao had 23 ...

  8. Shimao Property plays it cool as bidding heats up

    Posted Aug 22nd 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Shimao Property Holdings has chosen to stay out of a bidding war with land-hungry Hong Kong and mainland property developers. The mainland developer is controlled ... accumulated a personal fortune estimated by Forbes at 17.66 billion yuan, chiefly from property investment. Shimao, in which Mr Hui holds a 58.09 per cent stake, said last week that core profit ...

  9. Shimao Property acquires Shenyang site for 1.6b yuan

    Posted Dec 21st 2006, 12:00am by Sandy Li

    ... Sandy Li Shimao Property Holdings, controlled by China's second-richest man, Hui Wing-mau, has bought a prime site in Shenyang, Liaoning province, for 1.6 billion yuan. The lot ... The company generally takes part in large-scale property developments, such as its three billion yuan theme park, the Shanghai Shimao Wonderland in Shanghai. The proposed project in the Sheshan State ...

  10. Shimao Property taps market for HK$5.6b

    Posted May 05th 2007, 12:00am by Staff Reporter

    ... Tim LeeMaster and Wong Ka-chun Shimao Property Holdings and controlling shareholder Hui Wing-mau, the mainland's second-richest man, are raising as much as HK$5.6 billion from a share ... and his daughter Carol Hui Mei-mei could also use some cash as they are buying out Hong Kong-listed unit Shimao International Holdings for HK$870 million. Mainland property developers are tapping ...




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