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  • September 23, 2014
  • Last updated: 2:39pm
Hong Kong




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Results 1 - 10 of 20 for stamp duty

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  1. Property - Hong Kong & China - EARNINGS

    SHKP sees tough times ahead for property developers in Hong Kong

    Posted Sep 13th 2014, 04:08am by Sandy Li

    ... times ahead for developers Sun Hung Kai Properties, the city's largest developer by market value, expects competition to heat up next year, with heavy subsidies on stamp duties to cut ... and subsidising stamp duties to entice buyers. SHKP shares dropped 0.17 per cent to close at HK$117.90 yesterday before the release of the earnings results. Kwok said fierce competition to sell flats ...

  2. Property - Hong Kong & China - EARNINGS

    Midland losses narrow as new homes sales rebound

    Posted Aug 27th 2014, 01:27am by Sandy Li

    ... in the first. "We have seen buoyant sales of mass homes mainly because of the release of pent-up demand after the government's adjustments in the double stamp duty. But the question is, how long will it last? The market outlook remains uncertain." He said the market would be dominated by new home sales as developers continued to cut prices and subsidise stamp duty to entice ...

  3. Business - Companies - EARNINGS

    Sino Land's core earnings decline 24pc for year

    Posted Aug 28th 2014, 05:03am by Yvonne Liu

    ... Chairman Robert Ng Chee Siong said changes to the double stamp duty passed in July have helped improve buying sentiment as more projects were launched for sale in the market. Shares in Sino Land ...

  4. Property - Hong Kong & China - EARNINGS

    Cheung Kong blames profit fall on developer discounts and incentives

    Posted Aug 01st 2014, 02:06am by Sandy Li

    ... consultant Cushman & Wakefield, said developers' profit margins had been significantly eroded by rising construction costs and stamp duty subsidies introduced to lure buyers. ... in general is about HK$1,500 to HK$2,000 per square foot, against HK$4,000 per square foot for the construction cost," he said. Together with price cuts and subsidies for extra stamp duty, he ...

  5. Property - Hong Kong & China - EARNINGS

    Hang Lung 'optimistic' as profit up 29pc to HK$2.48b in first half

    Posted Jul 31st 2014, 02:59pm by Yvonne Liu

    ... documents to the government," he said. The government's decision to relax the double stamp duty on some property transactions in May has helped the property market. "I think ...

  6. Business - Companies - EARNINGS

    Lai Sun rules out price cut despite new property tax

    Posted Oct 31st 2012, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Developer says low interest rates and tight supply to keep housing market stable Lai Sun rules out price cut despite new property tax Lai Sun Development has no plans to cut the prices of its new project in Yau Tong despite the 15 per cent additional stamp duty imposed on non-permanent residents and corporate buyers. "We expect home prices ...

  7. Business - Companies - EARNINGS

    Singamas braces for big rush in container orders

    Posted Aug 21st 2014, 04:04pm by JING YANG

    ... cost. A decision is expected later this year. Teo said if additional tariffs were imposed by the US International Trade Commission in its anti-dumping and countervailing duty investigation, ...

  8. Business - Companies - EARNINGS

    CRP shares rise after it books HK$2b of impairments on coal mining assets

    Posted Aug 19th 2014, 09:35am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Impairments on coal mining assets relate to price falls, rather than controversy over alleged overpayment for mines, power generator says CR Power shares rise after HK$2 b charge Shares of China Resources Power Holdings, whose board has been accused by minority shareholders of breaching its fiduciary duties by causing the company to enter ...

  9. Business - Companies - EARNINGS

    LVMH sales slow in Hong Kong as Chinese demand drops globally

    Posted Jul 25th 2014, 11:58am by Reuters

    ... the group's duty-free unit, DFS, had particularly suffered. Guiony's comments echoed watch specialist Swatch Group, which voiced concerns on Tuesday about the outlook in Hong Kong in the near ...

  10. Property - Hong Kong & China - EARNINGS

    Sino Land sees HK$4b in property sales in Hong Kong and China since July

    Posted Oct 24th 2013, 03:47am by Peggy Sito

    ... The government has taken a series of steps since October last year to curb prices, including imposing a 15 per cent buyer's stamp duty on residential purchases by non-resident and corporate buyers. It also imposed mortgage restrictions and taxes on quick resales. In February, a further round of cooling measures was introduced, including the doubling of stamp duty levied on residential ...




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