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  • November 29, 2014
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  1. Property prices to take credit crunch blow, warns CLSA

    Posted Sep 24th 2008, 12:00am by Sandy Li

    ... the next 15 months as demand weakened due to the financial crisis in the United States, CLSA forecast. Nicole Wong, the head of Hong Kong and China property research at CLSA, said prices were down ... dump units on to the market bought just last year, she said. The sharp rally in prices in the fourth quarter of last year attracted speculators who would dump at the first sign of price ...

  2. SPG Land on course to achieve sales target

    Posted Jun 06th 2009, 12:00am by Sandy Li

    ... SPG Land sold 120,000 square metres of units in five projects at an average price of 8,000 yuan per square metre. He said prices had rebounded 5 per cent this year after falling as much as 15 ...

  3. Developers cut prices amid lacklustre sales

    Posted Aug 27th 2008, 12:00am by Sandy Li

    ... Sandy Li A price war is looming among cash-hungry mainland developers as lacklustre first-half sales add pressure for them to clear inventory over the next several months. Both large and small Hong Kong-listed mainland developers say they will either buil ...

  4. Mainland property curbs see results

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

    ... Sandy Li Home prices on the mainland grew at a slower pace last month as government measures started to take their toll. Prices rose 7 per cent from July last year in 70 cities, compared with an increase of 8.2 per cent in June, according to the National ...

  5. Sales of new homes in Shanghai plunge 50pc

    Posted Jul 02nd 2008, 12:00am by Sandy Li

    ... Properties last month offered a discount of up to 30 per cent to sell the remaining units of its residential project in Shanghai. The latest batch of 162 units at the Gubei Maison des Artistes ... prices for prime residential projects remained firm with some top-end apartments fetching higher prices. Untouched by the slowing market, Shui On Land last month sold 120 units at its luxury ...

  6. Shimao slashes sales goal 20pc amid slowdown

    Posted Sep 26th 2008, 12:00am by Sandy Li

    ... from 12,000 yuan in the previous release, while prices of remaining units at its projects in Beijing and Nanjing have been cut by about 20 per cent. Total investment cost of the Shenyang project was only 5,000 yuan per square metre, including 1,000 yuan per square metre in land cost, Mr Hui said. 'We'll still enjoy a handsome profit margin even if we sell the units ...

  7. Rates and rising wages drive up home sales

    Posted Feb 03rd 2007, 12:00am by Sandy Li

    ... of 300 units at Crystal Cove in Tung Chung last month. He forecast residential prices would increase 10 per cent to 15 per cent this year. ...

  8. Strong bidding for sites unlikely, say developers

    Posted Mar 25th 2009, 12:00am by Sandy Li

    ... Sandy Li Developers say government sites available for sale on this year's land application list are unlikely to attract enthusiastic bidding and many may not attract interest at all. Complaints range from reserve prices that are too high and locatio ...

  9. Profit warning sends Bonjour shares tumbling

    Posted Feb 10th 2006, 12:00am by Sandy Li

    ... Sandy Li Shares in Bonjour Holdings dived 14.94 per cent to an intraday low of $1.85 yesterday before recovering to a $1.91 close for a 12.18 per cent loss after the cosmetics retailer warned it expected to unveil a loss for last year. In an announcement ...

  10. Property - Hong Kong & China - SHARES

    Swire Properties ADR to trade in U.S. today

    Posted Sep 05th 2014, 02:35pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com The American Depositary Receipts (ADR) of Swire Properties will commence trading in the over-the-counter market in the United States today. In a filing with the stock exchange, it said the number of American Depositary Shares (ADS) registered by the company under the Level 1 programme is 50 million. The Bank of New York Mellon is the sponsor. “The ...




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