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Stocks Sun Hung Kai Properties Ltd

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  • 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...

  • 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...

  • Commodity rout drag Asian stock markets lower Wednesday, 14 Jan 2015 | 8:53 AM ET

    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.

  • Hong Kong billionaire sentenced to 5 years for graft Monday, 22 Dec 2014 | 10:55 PM ET

    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 bourses broadly higher as oil rebounds Monday, 22 Dec 2014 | 2:46 AM ET
    Passers-by are reflected on an electronic board showing Japan's Nikkei stock average and the Japanese yen's exchange rate against the U.S. dollar (top) at a brokerage in Tokyo, November 17, 2014.

    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.

  • 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.