Asian shares outside Japan advanced on Friday after the Fed decided to hold off on its first rate hike in nearly a decade.
Sept 11- Hong Kong stocks surrendered morning gains and ended lower on Friday as a midweek rebound appear to peter out. The Hang Seng index fell 0.3 percent, to 21,504.37, while the China Enterprises Index lost 0.6 percent, to 9,718.28 points. Sun Hung Kai Properties shares jumped 3.9 pct, after the developer said it is confident of achieving its HK $32 billion Hong...
SHANGHAI, Sept 11- China's major stock indexes ended Friday morning slightly lower, bobbing in and out of positive territory as investors awaited more data for clues on the health of the economy. Hong Kong stocks rose slightly by midday. China's blue-chip CSI300 index fell 0.2 percent to 3,352.66 points at lunch time, while the Shanghai Composite Index lost 0.1...
HONG KONG, July 3- Hong Kong's new home sales jumped to a record high in the first half of the year, driven in part by the return of Chinese investors seeking to park money in million-dollar mansions, underscoring the challenges the government faces in curbing property prices. Despite a series of tightening measures to cool the market, sales jumped 42 percent from a...
A drop in Chinese tourist numbers is driving down shop rentals in Hong Kong, with vacancies increasing in the same prime areas.
The persisting turmoil in commodity markets ignited risk aversion in most Asian stock markets on Wednesday, with Tokyo and Sydney equities finishing at fresh lows.
Former co-chairman of Hong Kong-listed developer Sun Hung Kai Properties, Thomas Kwok, was sentenced to five years in jail on Tuesday for corruption.
Asian equities largely rose on a data-light Monday following a bounce in oil markets and a third consecutive winning session on Wall Street last Friday.
Asian equities were mixed on Tuesday amid caution over developments in Hong Kong and as investors focused on data in China and Japan.
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.
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.
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 markets resumed their decline, after a one-day recovery on Wednesday, dampened by fresh worries about monetary tightening and expansion of property sector curbs.
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 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.
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.
HONG KONG, Nov 1- Mainland Chinese shares posted their strongest daily gains in more than three weeks on Thursday, boosting Hong Kong stocks, following positive China economic data and a report that local governments were easing restrictions on property purchases. The China Enterprises Index of the top Chinese listings in Hong Kong jumped 1.1 percent.
The study by commercial real estate services firm CBRE comes just days after Hong Kong announced its first residential property tax targeted at overseas buyers as U.S. quantitative easing and record-low interest rates boost the risk of a housing bubble in the Asian financial centre.
HONG KONG, Oct 30- Hong Kong shares sank to their lowest in almost two weeks on Tuesday, with most local developers slipping further in the wake of fresh curbs on real estate purchases in the territory. Investors also took profits on Chinese banks, recent outperformers after strong third-quarter earnings from three of China's ``Big Four'' banks.