It is not every day that you see a HK$100,000 chip being placed on one bet, but gambling neophyte Ian Poulter, urged on by an entourage of hangers-on, had the gumption to do just that plus...
- Thu
- May 23, 2013
- Updated: 8:36pm
Trending topics
Shui On Construction and Materials aims to double its after-tax profit to HK$1.8 billion by 2014 as it reinvents itself as a mainland property developer.
Government measures to cool the property market may bring some benefits to lower-income households, but would not help bring down flat prices, developer Vincent Lo Hong-sui said.
Vincent Lo left his family business to prove his mettle and now runs one of HK's most successful mainland property developers
Shui On Land plans to bring in strategic partners on a number of large property developments in Chongqing and Yunnan province as a way to release capital for new projects and accelerate expansion...
Shui On Construction and Materials (Socam) reported last year's net profit amounted to HK$702 million, thanks to the spin-off of its mainland real estate arm for a separate listing.
Seagull inspired charge into mainland property
With a HK$100,000 loan from his father, Vincent Lo Hong-sui has built a multibillion-dollar property and construction empire.
Unlike other players, the boss of China Properties maintains his focus on key cities in the mainland
A self-confessed workaholic who has never touched a golf club in his life,...
Shanghai-based developer Shui On Land is considering buying up to seven property projects after reporting a more than 33 per cent jump in underlying first-half profit.
Shui On Construction and Materials (Socam) has agreed to sell 1.8 billion yuan worth of Shui On Land shares to a privately-run company owned by its chairman Vincent Lo Hong-shui.
Shui On Construction and Materials (Socam) will raise its investment in China Central Properties by 25 per cent to as much as HK$975 million before the property firm's plan to seek a listing in...
Shanghai-based developer Shui On Land said its underlying profit surged 148 per cent last year, fuelled by strong sales at its upmarket projects in the city.
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