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  • September 18, 2014
  • Last updated: 12:18am
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  1. Property - Hong Kong & China - PROPERTY

    Country Garden founding family agree to buy new shares

    Posted Sep 06th 2014, 04:55am by Langi Chiang

    ... to minority investors or its two underwriters, chief financial officer Wu Jianbin said. "I have introduced [the rights issue] to them and they all agreed to buy," Wu told the South China ... 2011 in Hong Kong, Wu said. The firm's shares have lost 6 per cent since the August 27 announcement to close at HK$3.40 yesterday. Billionaire Yang Huiyan controls about 60 per cent ...

  2. News - Hong Kong - PROPERTY

    Legco unlikely to pass lawmaker's stamp duty refund plan

    Posted Jul 11th 2014, 03:55am by JEFFIE LAM, Yvonne Liu

    ... tabled by the Democratic Party's Wu Chi-wai to exempt non-permanent residents buying public rental flats from double stamp duty, is likely to pass.   ...

  3. Property - Hong Kong & China - PROPERTY

    China's developers shrug off earnings risks from yuan depreciation

    Posted Mar 10th 2014, 06:10am by Langi Chiang, Jeanny Yu

    ... cent fall in the yuan against the US dollar last month made it the worst-performing currency in emerging Asian markets. China's top foreign exchange regulator Yi Gang said last week ...

  4. News - Hong Kong - PROPERTY

    'Deceived' investors want action after losing millions on mainland mall

    Posted Nov 22nd 2013, 05:23am by NG KANG-CHUNG

    ... any returns since the second half of the year. "It is sheer deception," the convenor of the Taishan Landmark Owners' Rights Concern Group, Francis Wu said yesterday. "When we bought the shop lots, the developers claimed the project was backed by the Taishan government and that some local celebrities also endorsed it," said Wu, who bought a shop for HK$1.1 ...

  5. News - Hong Kong - PROPERTY

    Housing minister warns against 'panic-buying' of flats

    Posted Sep 03rd 2012, 12:00am by Tony Cheung, PAGGY LEUNG

    ... flats in Tin Shui Wai, which were put on hold due to a building problem in 2000. Another is the discounted sale of 1,000 flats in Tsing Yi under the My Home Purchase Plan to families earning ... is citizens' expectations of us, and how the government should help solve the problems they face." Property developer Hopewell Holdings' chairman Gordon Wu Ying-sheung suggested ...

  6. Business - China Business - PROPERTY

    Haining breaks new ground in land reform

    Posted Sep 23rd 2013, 12:00am by Daniel Ren

    ... government and was likely to receive the go-ahead soon, the city's Communist Party chief Lin Yi told a forum recently. The city's economic planning agency would not disclose details about ...

  7. News - Hong Kong - PROPERTY

    New Territories housing proposal may tee off Fanling golfers

    Posted Jul 06th 2013, 12:00am by JOYCE NG AND TONY CHEUNG

    ... Party lawmaker Wu Chi-wai favoured converting part of the golf course into housing. "At least you can [make people feel] you are not offering favours or thinking only about the interests of a few," Wu said.   ...

  8. Business - Property - PROPERTY

    New high-life houses slated for Discovery Bay

    Posted Feb 18th 2013, 12:00am by Sandy Li

    ... for a total built area of 185,000 sq ft. "We hope to reach an agreement with the government on the land premium deal shortly," he said. HKR has a land bank of 1.3 million square feet in Yi ... bays, Tai Pak and Yi Pak bays. In October last year, HKR launched a luxury apartment development called Amalfi on a hilltop overlooking Yi Pak Bay, attracting a strong response. The development ...

  9. News - Hong Kong - PROPERTY

    Tycoon's offer to donate land puts housing officials on the spot

    Posted Jun 10th 2013, 12:00am by Joyce Ng and Gary Cheung

    ... of interest," he said. Housing Society chairman Marco Wu Moon-hoi earlier said adjustments could be made to cater to young people. Housing Authority member Michael Choi Ngai-min said a quota, instead ...

  10. News - China - PROPERTY

    Hong Kong concrete test result shocks Jiayu Garden flat owners

    Posted Apr 11th 2013, 12:00am by STAFF

    ... buildings and even cause them to collapse. Xin Yi Real Estate, whose subsidiary developed Jiayu Garden, said the results of the tests by the Shenzhen and national authorities showed ...




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