KWG Property

KWG bond issue taps market for US$300m

KWG Property Holding

KWG Property is marketing US dollar bonds less than two weeks after scrapping an offering.

Wednesday, 30 January, 2013, 4:40am

Briefs, January 18, 2013

Daimler will sell a limited edition of its Smart city car through Sina Weibo.

The Australian Competition and Consumer Commission gave Qantas and Emirates Airlines permission to launch their global alliance, although final approval is still pending. It said practical sales, marketing and other steps could now start.

18 Jan 2013 - 5:27am

Sky is the limit on office rents in Beijing

Office rents in Beijing, which already outpaced almost 150 key cities around the world last year, are expected to jump another 30 per cent this year due to limited supply and growing demand, according to property consultant DTZ.

12 Apr 2012 - 12:00am

Reporting this week

Today Interim: Anhui Conch Cement, Harbour Centre Development, Longfor Properties, Maoye Int'l Holdings

15 Aug 2011 - 12:00am

Curbs likely to dent results in first half

Mainland property developers are expected to unveil a mixed bag of first-half earnings this week - with the balance sheets of some developers affected by austerity measures aimed at curbing demand.

And while major developers had so far weathered the policy measures quite well, the second half of the year could see their earnings under pressure, analysts said.

15 Aug 2011 - 12:00am

Local governments get more say in real estate

In a move to stabilise falling home prices nationwide, Beijing will give local governments more flexibility and power to support their property markets.

23 Dec 2008 - 12:00am

Results

Today Interim: Anhui Tianda Oil Pipe, Arnhold Holdings, Bank of China, BOC Hong Kong (Holdings), Catic Shenzhen Holdings, China Aerospace Int'l Holdings, China Haisheng Juice Holdings, China Metal Int'l Holdings, China Oilfield Services, China Telecom Corp, Chow Sang Sang Holdings Int'l, Citic Pacific, Guangzhou Pharmaceutical, Hainan Meilan Int'l Airport, Huadian Power Int'l Corp, Intime Depar

28 Aug 2008 - 12:00am

Cooling market hits KWG Property sales

Guangzhou-based KWG Property Holdings has achieved less than 30 per cent of its sales revenue target of 11 billion yuan (HK$12.37 billion) in the first five months of the year.

The slow property sales were attributable to the cooling down of the housing sector in the city and lack of new property projects offered for sale during the period.

7 Jun 2008 - 12:00am

KWG earnings soar to 2.68b yuan

Guangzhou-based KWG Property Holding yesterday reported that underlying profit surged 1,640 per cent last year, due to the growth in property prices and saleable floor area of its projects.

Excluding property revaluation gains, underlying profit rose to 967 million yuan (HK$1.07 billion).

27 Mar 2008 - 12:00am

Results

Today Interim: Chaoda Modern Agriculture (Holdings), China Agrotech Holdings, Neptune Group, Paladin, Proview International Holdings

26 Mar 2008 - 12:00am

Results

Today Final: Shenzhou International Group Holdings

March 24 Final: Beijing Jingkelong

March 25 Interim: Golden Harvest Entertainment (Holdings), Sinotronics Holdings, Wonderful World Holdings

22 Mar 2008 - 12:00am

Tax delay boosts property shares

News that it might take two more years before the government could impose a property tax shored up the share prices of mainland property plays yesterday.

Guangzhou R&F Properties advanced as much as 10.53 per cent to HK$25.20 in intraday trading before retreating to close at HK$24.80, up 8.77 per cent from Wednesday.

15 Feb 2008 - 12:00am

SHKP takes part in Guangzhou mega project

Sun Hung Kai Properties has teamed up with mainland developers Guangzhou R&F Properties and KWG Property Holdings to develop a multi-purpose complex in Guangzhou with an investment cost of 10 billion yuan.

11 Dec 2007 - 12:00am

KWG uses part of IPO cash to boost land bank

Hong Kong-listed mainland developer KWG Property Holdings had used part of the HK$4.4 billion net proceeds from its June initial public offering to fund a major expansion of its land bank, said chairman Kong Jianmin.

5 Nov 2007 - 12:00am

Developer covers land tax with 779m yuan second-half provision

KWG Property Holdings expects to set aside about 779 million yuan as a provision for land appreciation tax in the second half as it will book more sales as income.

25 Sep 2007 - 12:00am

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