Hong Kong equities slipped from last week’s record highs on Monday, as investors chose to take profits, in Chinese property and gaming stocks especially, and waited for Chief Executive Carrie Lam Cheng Yuet-ngor’s maiden policy address later in the week. ( read original story ...)
Profits jump for HKMC
The Hong Kong Mortgage Corporation Limited saw first-half unaudited consolidated profit rise 95 percent from HK$296 million in 2016 to HK$578 million in 2017. HKMC said the increase was primarily due to income arising from exceptional gains on investments ... ( read original story ...)
As The Narrative Of HDB Changes, Will Our Relationship With CPF Change Too?
One of the silent unanswered questions is: After the land lease ends for the properties in Hong Kong, what happens ... If HDB Does Not Depreciate, Why 3 Different Mortgage Criteria? Finally, Kok Hoe highlights further validation that home prices do ... ( read original story ...)
Ratings On Fuyuan 2016-2 Retail Auto Loan ABS Class A And Class B Notes Raised To ‘AAA(sf)’
HONG KONG (S&P Global Ratings) Oct. 9, 2017--S&P Global Ratings today raised its ratings on the Class A and Class B notes issued by Shanghai International Trust Co. Ltd. as trustee of the Fuyuan 2016-2 Retail Auto Mortgage Loan Securitization Trust (Fuyuan ... ( read original story ...)
Ratings On Autopia China 2016-2 Retail Auto Loan ABS Class A2 And Class B Notes Raised To ‘AAA (sf)’
HONG KONG (S&P Global Ratings) Oct. 9, 2017--S&P Global Ratings today raised its ratings on the class A2 and class B notes issued by China Foreign Economy And Trade Trust Co. Ltd. as trustee of the Autopia China 2016-2 Retail Auto Mortgage Loan ... ( read original story ...)
BRIEF-Tahoe’s property unit signs agreement to buy property developer for 227.8 mln yuan
Further company coverage: ($1 = 6.6310 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
Hysan’s Lee Is Positive on Hong Kong’s Future
Oct.09 -- Hysan Development is one of Hong Kong's largest commercial landlords. The developer is celebrating the 20th anniversary of their marquee retail property Lee Garden One by bringing back the iconic nightspot Yum Sing Bar for a limited time. ( read original story ...)
Hong Kong stocks pull back from decade peak on profit-taking
Oct 9 (Reuters) - Hong Kong stocks dipped on Monday after hitting near 10-year highs last week, as investors took profits in property and financial shares in the wake of a disappointing China services survey and worries on North Korea curbed risk appetites. ( read original story ...)
China Aoyuan Property Group Limited (3883) Dips -4.43% on Oct 9
China Aoyuan Property Group Limited together with other companies found their audience at this market. This is mainly the reason behind the region’s fast-paced economic growth. In terms of market capitalization, the Stock Exchange of Hong Kong (SEHK ... ( read original story ...)
Xiwang Property Holdings Co Ltd (2088) Is Yet to See Trading Action on Oct 9
Xiwang Property Holdings Co Ltd together with other companies found their audience at this market. This is mainly the reason behind the region’s fast-paced economic growth. In terms of market capitalization, the Stock Exchange of Hong Kong (SEHK ... ( read original story ...)
Private lender BC Securities launches 25-year mortgages with Far East Consortium
Melbourne-based private lender BC Securities has launched one of Australia's first 25-year foreign buyer mortgages for the settlement of apartment purchases, with support from Hong Kong-listed Far East Consortium. Mega-developer FEC, which is building 2500 ... ( read original story ...)
Chastened Deutsche Bank plots more moderate course
Matherat’s division will grow to around 3,000 people by the end of 2018, spread between Frankfurt, Hong Kong, Singapore ... a $14.2-billion fine demand over its role in the subprime mortgage crisis, the trigger for the 2008-09 financial crisis. ( read original story ...)
Cashed-up expats stake a claim in property space
After living in Hong Kong as an expat for 17 years, Diana Edwards, her husband and three sons were looking to come home to Brisbane. Having lived away for so long, she initially thought property prices would be “at a lower level”, although she found ... ( read original story ...)
Director, buy-back activity on Hong Kong exchange plunges due to short trading week
The director and buy-back activity plunged based on filings on the Hong Kong stock exchange during the holiday shortened ... in yarn and fabrics manufacturer Texhong Textile Group and property developer Agile Property Holdings. Boyaa Interactive ... ( read original story ...)