HongKongBiZZ.com » REAL ESTATE

Hong Kong mulls new cooling measures

admin — Tue, 22 May 2012 14:45:48 +0000

According to Norman Chan Tak-lam, Chief Executive of the Hong Kong Monetary Authority (HKMA), flat prices continued rising in February and March, following a period of consolidation brought on by the last round of anti-cyclical measures implemented in June 2011.
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Singapore, Hong Kong unite against 'locusts'

admin — Tue, 22 May 2012 14:45:39 +0000

HONG KONG – Xenophobia is riding high in Singapore, targeting mainland Chinese. And Hong Kong Internet users, fresh from their own "anti-locust [mainland Chinese]" campaign, are giving a big helping hand.
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Gucci-Crazy Chinese Fuel Soaring Shop Rents in Hong Kong

admin — Tue, 22 May 2012 14:45:26 +0000

Soundwill Holdings Ltd. (878) was forced to sell many of its properties as it battled to survive Hong Kong’s real estate crash in the late 1990s.
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Gucci-crazy Chinese fuel high shop rents in HK

admin — Tue, 22 May 2012 14:45:09 +0000

SOUNDWILL Holdings Ltd. was forced to sell many of its properties as it battled to survive Hong Kong’s real estate crash in the late 1990s. Even after its stock plunged 99 percent and debt obligations loomed, it held on to a 40-story tower on a tucked-away street that today is the second- most expensive retail strip in the world. Russell Street in the Causeway Bay district trails only New York’s …
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Asia Markets: Asia markets rise, but Hong Kong shares slip

admin — Tue, 22 May 2012 14:45:05 +0000

Most Asia markets rise with exporters and resource firms rebounding from sharp losses, though Hong Kong and Shanghai nudge lower, with financials weak after the summit of the Group of Eight major economies over the weekend.
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Hong Kong mag names Vista Land one of top firms in RP

admin — Tue, 22 May 2012 14:45:02 +0000

A Hong Kong-based financial publication ranked Vista Land and Landscapes Inc., the holding company for Sen. Manny Villar’s real estate businesses, as one of the top Philippine companies in different categories.
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China targets infrastructure to lift economy, report says

admin — Tue, 22 May 2012 14:44:59 +0000

BEIJING/SHANGHAI (Reuters) – China will fast track approvals for infrastructure investment to combat a slowdown in the economy, a state-backed newspaper reported on Tuesday, showing how Premier Wen Jiabao's call for policies to support growth is being put into action. The pace of investment in the likes of roads, bridges and real estate is running at its weakest in nearly a decade, April data …
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Hong Kong shares lose more than 5pc for second week; HSBC tumbles

admin — Sat, 19 May 2012 01:29:00 +0000

HONG KONG, May 18 — Hong Kong shares slid another 1.3 per cent today, inflicting a second consecutive weekly loss of more than 5 per cent as escalating Europe woes dragged down financial stocks and underwhelming US economic data increased risk aversion. The Hang Seng Index, which shed 5.3 per cent last week, lost another 5.1 per cent this one – …
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Hong Kong stocks bounce back after Wednesday drop

admin — Thu, 17 May 2012 12:55:29 +0000

LOS ANGELES (MarketWatch) — Hong Kong stocks rebounded in early Thursday trade, as the Hang Seng Index rose 0.3% to 19,316.02 after tumbling 3.2% in the previous session. Mainland Chinese H-shares outperformed, as the Hang Seng China Enterprises Index gained 0.4%. Among notable gainers, Agile Property Holdings Ltd. rose 3%, Tingyi Cayman Islands Holding Corp. added 2%, and Sands China Ltd …
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HSBC doubles turnaround target to $2 billion

admin — Thu, 17 May 2012 12:55:19 +0000

HONG KONG/LONDON (Reuters) – HSBC doubled the annual revenue boost expected from its turnaround plan to $2 billion, as Europe's biggest bank picks 22 markets to drive its growth and eyes more cost cutting to cope with new regulations in the wake of the financial crisis.
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HongKongBiZZ.com » REAL ESTATE

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