REAL ESTATE

HSBC down-sizing office space in Coimbatore

Hongkong and Shanghai Banking Corporation (HSBC), which is in the centre of a staff down-sizing spree globally to cut costs, apparently is down-sizing its office space as well. (read the news…) Related items Bishops gate up for sale likely deal value Rs 250 cr HK leases prime property for $16 a year Hong Kong...

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Govt monitoring ABSD reimbursing

SINGAPORE – Several developers are reimbursing the hefty additional buyer's stamp duty (ABSD) – imposed by the government late last year to cool the residential property market – in a bid to move sales in selected projects. (read the news…) Related items 4. Hong Leong Investment Bank eyes bigger market in HK and China...

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The world's hottest real estate markets

Global real estate markets had a forgettable last year, with prices rising a paltry 0.5 percent, leading to gloomy forecasts for 2012. But over the past five years, prices have registered huge gains. (read the news…) Related items Hong Kong shares lose more than 5pc for second week; HSBC tumbles Agricultural Bank Of China...

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Blind activist scaled wall in great escape from China security apparatus

HONG KONG/BEIJING (Reuters) – Inside a dilapidated house in China's rural Shandong province, Chen Guangcheng feigned illness, lying on his bed for extended periods so that his guards would be lulled into complacency, activists said. Then he made his move, scaled a wall and slipped out to freedom. It was a disciplined deception that...

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Hong Kong turns old police station into hotel

HONG KONG, April 29 — For a city known more for the shiny, the new and the spectacular, the latest addition to the hotel scene in Hong Kong marks another step in what is being seen by locals as a welcome trend in the city. The Tai O Heritage Hotel (http://www.taioheritagehotel.com), which began welcoming...

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Volatile Hong Kong Property Prices to Stabilize, Rise 10% in 2012: Pros

Hong Kong's property market is set to stabilize following a volatile 2011, with home prices projected to rise 10 percent this year, a moderate increase compared to the huge gains seen in 2009 and 2010, industry watchers tell CNBC. (read the news…) Related items Israel world's third hottest real estate market Mainland Chinese Occupy...

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Hong Kong stocks extend gains; Unicom rallies

HONG KONG (MarketWatch) — Hong Kong shares climbed on Thursday, with financials and property developers leading in the wake of strong overnight gains on Wall Street and after Federal Reserve Chairman Ben Bernanke signaled he is comfortable with current policy. The Hang Seng Index rose 0.6% to 20,760.15 and the Hang Seng China Enterprises...

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The parallel rise of China's Bo Xilai and a business ally

DALIAN, China (Reuters) – The wide-open sweep of the Xinghai Plaza in the Chinese port city of Dalian is the legacy of Bo Xilai, the dynamic former mayor who was China's most openly ambitious politician, and who is now at the centre of China's biggest political scandal in decades. Related Stories Norwegians to protest...

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Hong Kong, China shares rise, Chinese property strong

HONG KONG (Reuters): Hong Kong and China shares rose on Wednesday, helped by strength in the Chinese property sector after mainland media reported that equity funds lifted their exposure to the sector in the last quarter while posting a combined quarterly profit of more than 20 billion yuan ($3.17bil). (read the news…) Related items...

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17. Hong Kong, China shares rise, Chinese property strong

Hong Kong and China shares rose on Wednesday, helped by strength in the Chinese property sector after mainland media reported that equity funds lifted their exposure to the sector in the last quarter while posting a combined quarterly profit of more th… (read the news…) Related items Hong Kong, China shares up but conviction...

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