REAL ESTATE

Hong Kong Shares Down as Chinese Developers Slump; Shanghai Slips

Hong Kong and China shares fell on Thursday, pulled down by Chinese banks and developers on renewed fears of capital-raising in those sectors and by media reports that bank lending in February was lower than expected. (read the news…) Related items Hong Kong property sales slump in April Asia Markets: Asia markets rise, but...

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Buy a slice of India

India's economy is growing at a tremendous pace and that includes the real estate industry – both the commercial and residential sectors. Purchasing property in India now makes excellent investment sense and buyers can gain some real insight about the country's real estate by visiting an upcoming property exhibition in Hong Kong. (read the...

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Hong Kong Leader Tsang Apologizes for Undermining Confidence

Hong Kong Chief Executive Donald Tsang apologized to lawmakers for undermining public confidence as an investigation into his trips with tycoons added to a growing outcry over collusion between politics and business. (read the news…) Related items Thousands protest against Hong Kong's outgoing leader Hong Kong’s Tsang Says to Address Integrity Doubts Tomorrow Hong...

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Hong Kong stocks lose gain as property shares fall

LOS ANGELES (MarketWatch) — Hong Kong stocks opened higher but then quickly moved into negative territory early Wednesday, as gains for airlines were unable to offset losses in the property sector. The Hang Seng Index slipped 0.2% to 21,535.34, while the Hang Seng China Enterprises Index dropped 0.4%, and the Shanghai Composite lost 0.6%....

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Hong Kong’s Tsang Says to Address Integrity Doubts Tomorrow

Hong Kong Chief Executive Donald Tsang said he will address doubts about his travel and retirement plans when he meets lawmakers tomorrow, as public scrutiny of officials in the Chinese city grows. (read the news…) Related items Thousands protest against Hong Kong's outgoing leader Hong Kong Leader Tsang Apologizes for Undermining Confidence Their View:...

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Sun Hung Kai to Sell 3,500 Hong Kong Homes as Sales Rise

Sun Hung Kai Properties Ltd., Hong Kong’s biggest developer by market value, plans to sell 3,500 homes this year in the city, seeking to benefit from a rebound in transactions over the past month. (read the news…) Related items Eldest Kwok brother arrested by HK watchdog Sun Hung Kai to Sell 3,500 Hong Kong...

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New World Development Underlying Profit Rises 20%, Chairman Cheng Retires

New World Development Co. (17) , the Hong Kong developer controlled by billionaire Cheng Yu-tung , posted fiscal first-half underlying profit that rose 20 percent and said Cheng will retire as chairman. (read the news…) Related items Billionaire brothers in HK probe profess innocence Hong Kong property to fall up to 10%: developer Eldest...

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Far East dominates home sales chart

Property developer Far East Organization (FEO) led the way in sales last year with 2,718 new units sold on the back of a healthy real estate market and low mortgage costs. (read the news…) Related items Mainland Chinese Occupy Less in Hong Kong’s New Home Market Eldest Kwok brother arrested by HK watchdog Volatile...

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Spectacular hotel rooftop pools

Who needs the beach? Hotels around the globe are creating the ultimate urban oasis: rooftop pools with a view. (read the news…) Related items Hong Kong turns old police station into hotel Jimenez: Traveling educates you Travel agenda: A hotel-based art fair in Hong Kong, and some swanky new places to rest your head...

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Hong Kong’s Tang, Leung Vow to Boost Land Supply in City in Leader Race

Henry Tang and Leung Chun-ying, the front-runners in the race to be Hong Kong’s next leader, promised to ease a housing shortage by increasing land supply near mainland China should they get elected. (read the news…) Related items Beijing Switches Support in Race for Hong Kong Chief Hong Kong Leadership Contest Starts as Leung...

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