Billionaire Li Ka-shing, chairman of CK Hutchison Holdings Ltd and Cheung Kong Property Holdings Ltd speaks during a news conference in Hong Kong, March 22, 2017. [Photo/VCG] HONG KONG TYCOON, Li Ka-shing put his Hutchison Global Communications on sale on ... ( read original story ...)
Malaysian firm to set up shop in Cambodia
The Malaysia-based Rahim & Co International Bhd, an international property investment consultant, has announced it will expand its presence into the Asean and Asia-Pacific markets like Cambodia, Vietnam, China and Hong Kong. Tan Sri Abdul Rahim Abdul ... ( read original story ...)
Surfers Paradise and Southport likely locations for second Gold Coast casino development
Source: DBI Design A LONG-undeveloped site in Southport, the site has been clear for nearly a year and its owner, the China-based Huixin Real Estate Group, is seeking a partner to build on the property ... Company Limited and Hong Kong billionaire Tony ... ( read original story ...)
China’s trophy case could become discount rack
HONG KONG (Reuters Breakingviews ... Meanwhile, Reuters reports the property-to-cinema firm Dalian Wanda is blocked from refinancing offshore subsidiaries. In contrast, HNA Group says it remains keen on ousted White House adviser Anthony Scaramucci's ... ( read original story ...)
SJM Holdings revenue, earnings and profit all down in H1
Figures released Tuesday show the Hong Kong-listed SJM’s gaming revenue falling 2% year ... If there was a bright spot, it was SJM’s flagship property, the Casino Grand Lisboa, which saw revenue improve 7.7% to HKD 7.3b, largely on the strength of ... ( read original story ...)
Hong Kong’s mortgage loans up 5.6 pct in June
Mortgage loans approved in June rose 5.6 percent month-on-month to 44 billion HK dollars (about 5.6 billion U.S. dollars), the Hong Kong Monetary Authority said here on Monday. Mortgage loans financing primary market transactions increased 19.2 percent to ... ( read original story ...)
Hong Kong’s drawndown mortgage loans in June rise 13.4 pct m/m
July 31 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$32 billion ($4.10 billion) in June, up 13.4 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Monday. Following is the breakdown of data from the ... ( read original story ...)
Gap, Inc. (The) (NYSE:GPS) Stock Traded Much Higher Than Its 50 Day Average
Hong Kong, Taiwan, and Mexico. It operates Gap, Banana Republic and Old Navy stores throughout Asia, Australia, Europe, Latin America, the Middle East and Africa.. BB&T BankStandard 30 year fixed rate mortgages at BB&T Corp. (NYSE:BBT) have been listed at ... ( read original story ...)
Genesco Inc. (NYSE:GCO) Experiences Lighter than Usual Trading Volume
It sources footwear and accessory products from foreign manufacturers located in Bangladesh, Brazil, Cambodia, Canada, China, Dominican Republic, El Salvador, France, Germany, Hong Kong, India ... 30 year fixed rate mortgages at BB&T Corp. (NYSE:BBT ... ( read original story ...)
Markets Live: Big miners rally on
It also shows that low mortgage rates alone are not the driver of the much ... Ding Shuang, chief China economist at Standard Chartered in Hong Kong, said: The economy in the second half will likely slow down gradually. With the deleveraging in process ... ( read original story ...)
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Is Xi worried about Pyongyang-triggered financial crisis?
Famed Hong Kong investor Xiao Jianhua was abducted by Chinese authorities ... by financial crises -- first the Asian currency crisis of 1997, and then the subprime mortgage crisis 10 years later. It is only natural that Xi should fear a repeat. ( read original story ...)
Wish you were here? The Hong Kong resort that delivers paradise at a bargain price
And it all comes at a surprisingly low cost by Hong Kong standards. A 1,240 sq ft flat sold for HK$4 million in June; a 1,220 sq ft property in Causeway Bay went for HK$17 million. On average, property on Hong Kong Island costs HK$14,709 per square foot ... ( read original story ...)