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Sun Hung Kai Properties Ltd

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  • May 4- Hong Kong shares ended almost flat on Monday, as data shows that China's factories suffered their fastest drop in activity for a year as new orders fell. The Hang Seng index ended unchanged at 28,123.82, while the China Enterprises Index gained 0.2 percent, to 14,459.15 points. Sun Hung Kai Properties jumped 4.1 percent, after the Hong Kong Economic Journal...

  • China factory activity slips, reinforces stimulus hopes. SHANGHAI, May 4- China and Hong Kong stocks rose on Monday, with construction and energy stocks taking the lead, as poor Chinese factory activity data reinforced expectations of fresh government stimulus. Further underscoring the need for more stimulus to shore up faltering growth, the State...

  • Hong Kong retail rents drop as Chinese shoppers stop Sunday, 29 Mar 2015 | 7:30 PM ET

    HONG KONG, March 30- A drop in Chinese tourist numbers is driving down shop rentals in Hong Kong, with vacancies increasing in the same prime areas that just three years ago pipped New York's Fifth Avenue to become the world's most expensive retail real estate. Spooked by months of cross-border tensions and pro-democracy protests, tour groups visiting Hong Kong...

  • Some industry experts forecast home prices to fall by over a third by end-2016, clouding the prospects of major developers CK Hutchison Holdings Ltd, owned by Asia's richest man Li Ka- shing, and Sun Hung Kai Properties Ltd.. An increase in U.S. rates would also trigger a rise in Hong Kong because the local currency is pegged to the U.S. dollar, paving the way for...

  • HONG KONG, Feb 24- A six-session winning streak for Hong Kong stocks ended on Tuesday, as HSBC Plc and casino shares sank while some investors locked in gains ahead of major 2014 earnings reports later this week. Hong Kong- listed shares of HSBC dropped 3.5 percent in their biggest fall in 18 months after the UK emerging markets-focused bank reported a...

  • *HSBC's Hong Kong shares fall 4 pct, at lowest since Sept 2012. HONG KONG, Feb 24- Hong Kong stocks fell on Tuesday, with HSBC Plc leading the slide after disappointed earnings, and casino stocks were under pressure as investors locked in gains while awaiting earnings reports from blue chips later this week. The China Enterprises Index of the top Chinese listings in...

  • HONG KONG, Feb 23- Hong Kong shares ended little changed on Monday, with gains in Tencent Holdings offsetting weakness in casino operators and oil firms and as most investors stuck to the sidelines awaiting major corporate earnings later in the week. Conglomerate Hutchison Whampoa as well as property firms including Cheung Kong, Sun Hung Kai Properties and New...

  • HONG KONG, Dec 23- The former co-chairman of Hong Kong- listed developer Sun Hung Kai Properties Ltd, Thomas Kwok, was sentenced to five years in jail and a HK $500,000 fine on Tuesday in the city's highest profile graft case. Their trial exposed the cozy relationship between the city's powerful developers and government in the former British colony, with Sun Hung...

  • HONG KONG, Dec 19- A former top Hong Kong civil servant was found guilty on Friday of accepting HK $8.5 million in bribes from executives of property developer Sun Hung Kai Properties Ltd, in the city's highest profile corruption case. Rafael Hui, 66, who headed Hong Kong's civil service from 2005 to 2007, was found guilty of three counts of misconduct in public...

  • HONG KONG, Dec 19- A former top Hong Kong civil servant was found guilty on Friday of accepting HK $8.5 million in bribes from executives of property developer Sun Hung Kai Properties Ltd, in the city's most high-profile corruption case. Rafael Hui, 66, who headed Hong Kong's civil service from 2005 to 2007, was found guilty of three counts of misconduct in public...

  • HONG KONG, Dec 19- A former top Hong Kong civil servant was found guilty on Friday of accepting millions of dollars in bribes from the city's largest property developer, Sun Hung Kai Properties Ltd.. Raymond Kwok, co-chairman of the company, was found not guilty of three charges in the graft case. Hong Kong returned to Chinese rule in 1997 and has a separate legal...

  • Asian equities were mixed on Tuesday amid caution over developments in Hong Kong and as investors focused on data in China and Japan.

  • Hong Kong's property developers locked in a price war Wednesday, 11 Sep 2013 | 9:00 PM ET

    HK's property developers are locked in a price war as measures to cool its expensive real estate markets force them to impose discounts to hit sales targets.

  • Chinese No Longer Hot for Hong Kong Property Monday, 24 Jun 2013 | 8:49 PM ET

    Cash-rich mainland Chinese, have fled Hong Kong's real estate market, scared off by cooling measures that have sent them scouring overseas for better options.

  • Li Ka-Shing Warns of Volatile Hong Kong Property Tuesday, 26 Mar 2013 | 7:16 PM ET
    Li Ka-shing, chairman of Cheung Kong (Holdings) Ltd. and Hutchison Whampoa

    A series of tightening measures have put the brakes on Hong Kong's overheated property sector, forcing developers to cut prices and prompting a warning from Asia's richest man Li Ka-shing: speculators stay away.

  • Malaysian casino operator Genting envisions red and gold pagodas and a panda exhibit on the 87-acre plot of Las Vegas land it bought this week, a new gambling playground for rich Chinese.

  • China Shares Slump 3% on Tightening Fears Thursday, 21 Feb 2013 | 4:12 AM ET

    China markets resumed their decline, after a one-day recovery on Wednesday, dampened by fresh worries about monetary tightening and expansion of property sector curbs.

  • Property Poses Biggest Risk to Hong Kong Economy Wednesday, 20 Feb 2013 | 6:32 PM ET

    Just three months after Hong Kong rolled out a tough new round of property cooling measures, home prices have again climbed to record highs with demand unusually strong for new flats.

  • Asian Shares Close Lower on Profit Taking Wednesday, 16 Jan 2013 | 5:10 AM ET

    Asian shares ended in the red on Wednesday as cautious investors waited for crucial economic data from China later this week, while the yen's extended gains spurred profit taking in Japanese equities after their recent rally.

  • Sun Hung Kai Properties: Good Year For Hotels   Sunday, 9 Dec 2012 | 6:40 PM ET
    Sun Hung Kai Properties: Good Year For Hotels in HK

    Ricco DeBlank, CEO of Hotels, Sun Hung Kai Properties sees occupancy rate of around 92% in its hotels in Hong Kong. He also projects double digit growth from 2011's record year in the region.