Nazri said property in Malaysia continued to be an attractive investment opportunity for foreign investors, on par with locations in Hong Kong, Taiwan, Singapore and China. He added that property tourism accounted for a major portion of income for the ... ( read original story ...)
Cheung Kong Property Rallies After Solid 1H Profit
Shares in Cheung Kong Property (1113.HK) were up as much as 4.3% in Hong Kong trading Friday morning in a mixed day for companies controlled by local tycoon Li Ka-shing. CK Property, whose interests include property, utilities and aircraft leasing ... ( read original story ...)
What it means when Li Ka-shing’s property flagship becomes Cheung Kong Asset
Li Ka-shing’s strategy to reinvest his lofty returns from Hong Kong and mainland China property investments into stable cash-generating assets in western developed countries is a long known open secret. What has caught some by surprise is the pace and ... ( read original story ...)
China’s Country Garden says it’s back on track in Malaysia. Is it?
Yu said the new deals emphasised just how Malaysia and the Iskandar development region – where Forest City is sited – stood to gain from the private-property venture. The Iskandar zone is three times the size of Hong Kong and has drawn in billions of ... ( read original story ...)
Vision in a time of turbulence: Lessons for a post-Brexit Britain from Hong Kong
This has yet to generate notable ripple effects in Hong Kong, however, with the property market remaining, for the time being, robust and rosy-cheeked. It is even possible that Brexit may offer some solid opportunities for Hong Kong. Richard Graham ... ( read original story ...)
Buyer of Peninsula Hotels stake tries pre-empting takeover talk
HONG KONG -- Hongkong and Shanghai Hotels' new second-largest shareholder ... Underlying profit -- calculated by subtracting the after-tax effects of property revaluation and other items -- rose 19% to HK$181 million. ( read original story ...)
Optimism about a new pact
It also touches on trade in services, investment, intellectual property rights, dispute settlements, horizontal and institutional issues, economic and technical cooperation, and other areas of interest to be mutually agreed upon. In 2015, Hong Kong was ... ( read original story ...)
Hong Kong landlord to build millennial-friendly offices with running track
(Photo by Jennifer Lo) With more than half of its revenue coming from retail, Hysan's turnover was up modestly by 1.8% to 1.79 billion Hong Kong dollars ($230 million) in the first six months of this year. Its underlying profit, excluding gains on property ... ( read original story ...)
Hot Property: Wait for it
But a Yohai-controlled company that owns the property filed for bankruptcy protection in December, imperiling the venture. Pushed out by high rental prices in Hong Kong, more people are living in tiny illegally subdivided apartments. Nationalgeographic.com ... ( read original story ...)
The conglomerate that troubles China
Another dead end: an apartment that Guan listed as his address in Hong Kong filings. The current tenant ... operator CWT Ltd and the initial public offering of an HNA backed property trust are facing delays, according to people familiar with the matter. ( read original story ...)
Hongkong Land net profit more than doubles
Hongkong Land Holdings announced on Thursday (3 August ... “The good performance of the group’s investment property portfolio is expected to continue in the second half of the year, although the contribution from development properties will not ... ( read original story ...)
Hong Kong’s tiny flats pile up unsold
Tiny flats are flooding Hong Kong as developers rush to target first-time buyers ... rose to about 1,400 at the end of June, according to Centaline Property Agency. Wong Leung-Sing, an associate director of research, said the number may rise to about ... ( read original story ...)
Hongkong Land’s net profit soars 147% in first half
A sizeable gain from the revaluation of investment properties saw earnings at Hongkong Land Holdings rocket 147 per cent in the first half of this year. The property group reported a net profit of US$3.13 billion (S$4.2 billion) for the six months ended ... ( read original story ...)
Advances for Li’s big two
Tycoon Li Ka-shing's two major companies, CK Hutchison (0001) and Cheung Kong Property (1113), posted stronger earnings in the first half of this year driven by strength in the telecommunications business in Europe and strong home sales in Hong Kong. ( read original story ...)