http://hongkongbizz.com | BUSINESS | FINANCE | NEWS | OPPORTUNITY | REAL ESTATE | TELECOM | Mon, 21 May 2012 21:02:21 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://hongkongbizz.com/real-estate/hong-kong-shares-lose-more-than-5pc-for-second-week-hsbc-tumbles/ http://hongkongbizz.com/real-estate/hong-kong-shares-lose-more-than-5pc-for-second-week-hsbc-tumbles/#comments Sat, 19 May 2012 01:29:00 +0000 admin http://hongkongbizz.com/real-estate/hong-kong-shares-lose-more-than-5pc-for-second-week-hsbc-tumbles/ 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 – … (read the news…) Related items Hong Kong shares suffer 4th loss, China’s winning streak snapped Hong Kong Stocks Rise, As Property Adds To Gains Standard Chartered’s Bindra Sees Hong Kong Hyperinflation Risk Hong Kong shares close 1.63% higher Hong Kong’s John Tsang Sees Rising Risk in Home Market]]>

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 – …
(read the news…)

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]]> http://hongkongbizz.com/real-estate/hong-kong-shares-lose-more-than-5pc-for-second-week-hsbc-tumbles/feed/ 0 http://hongkongbizz.com/real-estate/hong-kong-stocks-bounce-back-after-wednesday-drop/ http://hongkongbizz.com/real-estate/hong-kong-stocks-bounce-back-after-wednesday-drop/#comments Thu, 17 May 2012 12:55:29 +0000 admin http://hongkongbizz.com/real-estate/hong-kong-stocks-bounce-back-after-wednesday-drop/ 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 … (read the news…) Related items Hong Kong shares post early gains; Cnooc up again Hong Kong stock gain modestly after China easing Hong Kong stocks down as real-estate losses mount Hong Kong stocks fall, dragged down by real estate Hong Kong shares rebound, led by property stocks]]>

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 …
(read the news…)

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]]> http://hongkongbizz.com/real-estate/hong-kong-stocks-bounce-back-after-wednesday-drop/feed/ 0 http://hongkongbizz.com/real-estate/hsbc-doubles-turnaround-target-to-2-billion/ http://hongkongbizz.com/real-estate/hsbc-doubles-turnaround-target-to-2-billion/#comments Thu, 17 May 2012 12:55:19 +0000 admin http://hongkongbizz.com/real-estate/hsbc-doubles-turnaround-target-to-2-billion/ 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. (read the news…) Related items HSBC says turnaround plan on target, costs cut by $2 billion Hong Kong, China Shares Rebound; Property Spurs Mainland Gains High target for Hong Kong PCCW’s spin-off – IFR Euro up on debt deal hopes, China drags on stocks China drags on Asian stocks, euro up on debt deal hopes]]>

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.
(read the news…)

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]]> http://hongkongbizz.com/real-estate/hsbc-doubles-turnaround-target-to-2-billion/feed/ 0 http://hongkongbizz.com/real-estate/mainland-chinese-occupy-less-in-hong-kongs-new-home-market/ http://hongkongbizz.com/real-estate/mainland-chinese-occupy-less-in-hong-kongs-new-home-market/#comments Thu, 17 May 2012 00:44:07 +0000 admin http://hongkongbizz.com/real-estate/mainland-chinese-occupy-less-in-hong-kongs-new-home-market/ Mainland purchasers made up 36.8 percent of all new home sales by value in the first quarter, from 37.9 percent in the previous three months, Hong Kong’s biggest publicly traded realtor said in an e-mail yesterday. The figure reached 53.9 percent in the third quarter last year, Midland said. (read the news…) Related items Volatile Hong Kong Property Prices to Stabilize, Rise 10% in 2012: Pros Candy brothers target Shanghai in Asia push Investors Should Be ‘Conservative’ on Hong Kong Housing, Realtor Says Investors Should Be ‘Conservative’ on Hong Kong Home Market Hong Kong Home Prices May Fall as Much as 45%, Barclays Says]]>

Mainland purchasers made up 36.8 percent of all new home sales by value in the first quarter, from 37.9 percent in the previous three months, Hong Kong’s biggest publicly traded realtor said in an e-mail yesterday. The figure reached 53.9 percent in the third quarter last year, Midland said.
(read the news…)

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]]> http://hongkongbizz.com/real-estate/mainland-chinese-occupy-less-in-hong-kongs-new-home-market/feed/ 0 http://hongkongbizz.com/real-estate/srs-real-estate-partners-opens-first-international-office/ http://hongkongbizz.com/real-estate/srs-real-estate-partners-opens-first-international-office/#comments Wed, 16 May 2012 00:22:58 +0000 admin http://hongkongbizz.com/real-estate/srs-real-estate-partners-opens-first-international-office/ Nation’s largest retail real estate firm announces Hong Kong location. (PRWeb May 15, 2012) Read the full story at http://www.prweb.com/releases/2012/5/prweb9505482.htm (read the news…) Related items Beijing Real Estate Billionaire Couple Continues Brisk Expansion In Shanghai UBS Facing Real Estate Headache in Hong Kong Borneo Real Estate showcases HK properties Research and Markets: Hong Kong Real Estate Report Q1 2012: Demand and Prices to Decline Steadily over the Coming Months Hodes Weill & Associates Adds Three Real Estate Veterans, Opens Offices in Hong Kong and London]]>

Nation’s largest retail real estate firm announces Hong Kong location. (PRWeb May 15, 2012) Read the full story at http://www.prweb.com/releases/2012/5/prweb9505482.htm
(read the news…)

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• Hodes Weill & Associates Adds Three Real Estate Veterans, Opens Offices in Hong Kong and London

]]> http://hongkongbizz.com/real-estate/srs-real-estate-partners-opens-first-international-office/feed/ 0 http://hongkongbizz.com/real-estate/agricultural-bank-of-china-buys-hong-kong-office-building-for-hk4-88-billion/ http://hongkongbizz.com/real-estate/agricultural-bank-of-china-buys-hong-kong-office-building-for-hk4-88-billion/#comments Wed, 16 May 2012 00:22:05 +0000 admin http://hongkongbizz.com/real-estate/agricultural-bank-of-china-buys-hong-kong-office-building-for-hk4-88-billion/ Agricultural Bank of China Ltd. (1288.HK) bought an office building in Hong Kong for HK$4.88 billion (US$629 million) to serve as its regional headquarters, Colliers International, which advised on the purchase, said Tuesday. (read the news…) Related items Bank of China Shares Rise on Dividend Savings: Hong Kong Mover Hysan Development chief executive Gerry Yim resigns Sun Hung Kai to Sell 3,500 Hong Kong Homes as Sales Rise Swire Pacific Shares Fall After Property Unit Debuts at Discount CapitaLand eyes spin off of China projects]]>

Agricultural Bank of China Ltd. (1288.HK) bought an office building in Hong Kong for HK$4.88 billion (US$629 million) to serve as its regional headquarters, Colliers International, which advised on the purchase, said Tuesday.
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]]> http://hongkongbizz.com/real-estate/agricultural-bank-of-china-buys-hong-kong-office-building-for-hk4-88-billion/feed/ 0 http://hongkongbizz.com/real-estate/frank-gehrys-bid-for-hong-kong-renters/ http://hongkongbizz.com/real-estate/frank-gehrys-bid-for-hong-kong-renters/#comments Wed, 16 May 2012 00:21:08 +0000 admin http://hongkongbizz.com/real-estate/frank-gehrys-bid-for-hong-kong-renters/ Swire Properties has unveiled Frank Gehry’s new Opus Hong Kong — a 12-story apartment complex that is his first major project in Asia. (read the news…) Related items Hong Kong shares lose more than 5pc for second week; HSBC tumbles Agricultural Bank Of China Buys Hong Kong Office Building For HK$4.88 Billion Hong Kong, China shares up but conviction lacking Hong Kong shares suffer 4th loss, China’s winning streak snapped Hong Kong bubble? Housing prices rise.]]>

Swire Properties has unveiled Frank Gehry’s new Opus Hong Kong — a 12-story apartment complex that is his first major project in Asia.
(read the news…)

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]]> http://hongkongbizz.com/real-estate/frank-gehrys-bid-for-hong-kong-renters/feed/ 0 http://hongkongbizz.com/opportunity/ara-asset-seeks-to-raise-s700-million-s800-million-in-singapore-yuan-reit-ipo-sources/ http://hongkongbizz.com/opportunity/ara-asset-seeks-to-raise-s700-million-s800-million-in-singapore-yuan-reit-ipo-sources/#comments Tue, 15 May 2012 23:49:21 +0000 admin http://hongkongbizz.com/opportunity/ara-asset-seeks-to-raise-s700-million-s800-million-in-singapore-yuan-reit-ipo-sources/ Real-estate fund manager ARA Asset Management Ltd. (D1R.SG), an affiliate of Hong Kong tycoon Li Ka-shing's Cheung Kong (Holdings) Ltd. (0001.HK), is planning to raise between S$700 million and S$800 million (US$557 million and US$636 million) by listing some of its Asian assets in yuan-denominated initial public offering in Singapore, people familiar with the situation said Tuesday, the first … (more…) Related items Li Ka-shing Controlled ARA Mulls Yuan REIT IPO In Singapore – Sources Li Ka-shing’s $1.6 Billion Yuan IPO Debuts in Hong Kong Today Li Ka-shing’s Yuan IPO Said to Raise $1.6 Billion in H.K. Prada IPO five times subscribed – source Samsonite cuts HK IPO size as investors turn cautious]]>

Real-estate fund manager ARA Asset Management Ltd. (D1R.SG), an affiliate of Hong Kong tycoon Li Ka-shing's Cheung Kong (Holdings) Ltd. (0001.HK), is planning to raise between S$700 million and S$800 million (US$557 million and US$636 million) by listing some of its Asian assets in yuan-denominated initial public offering in Singapore, people familiar with the situation said Tuesday, the first …
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]]> http://hongkongbizz.com/opportunity/ara-asset-seeks-to-raise-s700-million-s800-million-in-singapore-yuan-reit-ipo-sources/feed/ 0 http://hongkongbizz.com/real-estate/hong-kong-stocks-gain-as-property-banks-rise-on-policy-easing-hang-seng-index-up-0-2/ http://hongkongbizz.com/real-estate/hong-kong-stocks-gain-as-property-banks-rise-on-policy-easing-hang-seng-index-up-0-2/#comments Mon, 14 May 2012 11:49:34 +0000 admin http://hongkongbizz.com/real-estate/hong-kong-stocks-gain-as-property-banks-rise-on-policy-easing-hang-seng-index-up-0-2/ Hong Kong stocks gain, as property, banks rise on policy easing; Hang Seng Index up 0.2% (read the news…) Related items Hong Kong stocks open lower as banks, real-estate shares fall; Hang Seng Index down 0.9% Hong Kong stocks jump at open, with banks, property rallying; Hang Seng Index up 2.5% Hong Kong stocks fall, with resources, banks among loss-leaders; Hang Seng Index down 0.7% Hong Kong stocks fall sharply as property shares plunge; Hang Seng Index down 1.1% Hong Kong stocks open weaker, with property mostly lower; Hang Seng Index down 0.1%]]>

Hong Kong stocks gain, as property, banks rise on policy easing; Hang Seng Index up 0.2%
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]]> http://hongkongbizz.com/real-estate/hong-kong-stocks-gain-as-property-banks-rise-on-policy-easing-hang-seng-index-up-0-2/feed/ 0 http://hongkongbizz.com/real-estate/h-k-feng-shui-master-in-court-over-tycoons-will/ http://hongkongbizz.com/real-estate/h-k-feng-shui-master-in-court-over-tycoons-will/#comments Mon, 14 May 2012 11:49:14 +0000 admin http://hongkongbizz.com/real-estate/h-k-feng-shui-master-in-court-over-tycoons-will/ A Hong Kong feng shui master accused of forging the will of late property tycoon Nina Wang appeared in court on Monday at a pre-trial hearing. (read the news…) Related items Hong Kong court dismisses claim to tycoon’s estate HK graft police arrest property tycoon brothers Property Tycoon Arrested In Hong Kong Bribery Probe Hong Kong tycoon tells court he sold Macau project to Chinese Estates HK tycoon brothers in graft probe deny wrongdoing]]>

A Hong Kong feng shui master accused of forging the will of late property tycoon Nina Wang appeared in court on Monday at a pre-trial hearing.
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