Chinese Estates Holdings

Joseph Lau 'shocked' by publication of medical report in Apple Daily

Joseph Lau Luen-hung

Billionaire property tycoon Joseph Lau Luen-hung was "utterly shocked" to see his medical report in a Chinese newspaper and plans to lodge a complaint with the privacy commissioner.

Monday, 6 May, 2013, 8:47am 1 comment

Chinese Estates builds reserves with sale of stake in Jiangsu joint venture

The Macau government has ruled that some land transactions related to the site for Chinese Estates' La Scala residential project were invalid.Photo: Dickson Lee

Chinese Estates Holdings - the Hong Kong-listed property developer at the centre of a corruption case in Macau - has sold its interest in a joint-venture project in Jiangsu province for US$500 million to increase its cash reserves.

7 Sep 2012 - 3:03am

Chinese Estates to seek compensation from Macau over La Scala land deal

Chinese Estates Holdings said it was determined to pursue compensation from the Macau government and the original owners of five plots of land that comprise its HK$20 billion La Scala residential project after the sale was voided amid a corruption case involving two Hong Kong tycoons.

16 Aug 2012 - 3:52am

Chinese Estates shares fall after resuming trading

Shares of Chinese Estates Holdings fell as much as 3.3 per cent after resuming trading yesterday following a Macau government warning that it might seize land on which its La Scala development is built.

8 Jun 2012 - 12:00am

Chinese Estates can file appeal if La Scala seized

Chinese Estates Holdings has been told it can file an appeal if the site of its La Scala residential project in Macau is seized following a corruption trial.

7 Jun 2012 - 12:00am

Holders of Chinese Estates stock left none the wiser

Even as the stock market hammered its shares, Chinese Estates Holdings' annual shareholders' meeting yesterday took only 15 minutes and never addressed the cloud hanging over the firm.

26 May 2012 - 12:00am

Beauty meets brains in the bright white light of the lab

Science is sexy. How else do you explain so many beautiful women and socialites pursuing the hard sciences these days? Hollywood sex bomb Talulah Riley has just been dubbed the world's sexiest quantum physicist after being accepted by the California Institute of Technology. But it's a bit of an exaggeration. It's not like she is getting a PhD in the subject.

6 Feb 2010 - 12:00am

Company profile - China Overseas Land & Investment

The principal activities at China Overseas Land & Investment are investment, development, sale and management of property. Other activities include provision of civil engineering works, building construction, foundation engineering works and project management, leasing of plant and machinery, loan financing, securities investment and investment holding.

2 Jun 2008 - 12:00am

Only 15 units sold at weekend as typhoon adds to poor sentiment

The launch of MOD 595 failed last week to shift Hong Kong primary property market sales out of the doldrums, with just 15 transactions concluded during the weekend, said property agents, who blamed bad weather brought by Typhoon Neoguri and weak sentiment for the poor outcome.

23 Apr 2008 - 12:00am

Chinese Estates profit rises to HK$2.73b on sales surge

Core earnings up 27.6pc but completion rate likely to slow

Chinese Estates Holdings reported a 27.6 per cent rise in core profit for last year, driven by sales of completed projects, but a lower completion rate this year may weigh on earnings.

8 Mar 2008 - 12:00am

Chinese Estates slumps 17pc on investment losses

Shares of Chinese Estates Holdings suffered their biggest drop in a decade yesterday after the property developer posted a HK$3.33 billion loss on fair value changes of listed securities investments last month.

The stock slumped 17.08 per cent to end at HK$10.58, the steepest decline since January 12, 1998, when it fell 24.53 per cent.

2 Feb 2008 - 12:00am

Chi Cheung taking on developer's role

Chinese Estates Holdings, a mid-tier developer controlled by Joseph Lau Luen-hung, is expected to inject eight mainland and Macau properties and development projects into Chi Cheung Investment, analysts said after shares in the companies were suspended yesterday.

31 Aug 2007 - 12:00am

Chinese Estates sees underlying profit grow 19pc

Chinese Estates Holdings, a mid-tier developer controlled by tycoon Joseph Lau Luen-hung, said half-year underlying profits rose 19.07 per cent, driven mainly by sales of units at a housing project in Wan Chai.

4 Aug 2007 - 12:00am

Chinese Estates ends buyout discussions over price concerns

Chinese Estates Holdings has halted negotiations with hedge funds and private equity groups over a possible acquisition after failing to agree on the price.

The mid-tier property developer said last night that talks with all parties were ended because 'terms of potential transaction resulting from expressions of interest were not deemed suitable for further consideration'.

2 Aug 2007 - 12:00am

Chinese Estates confirms buyout talks

Mid-tier property developer Chinese Estates Holdings has confirmed a South China Morning Post report that it was in talks with potential buyers that may lead to a buyout offer for the company.

4 Jul 2007 - 12:00am