Hong Kong
Tender for South Bay Road site to open 23 September
The private residential lot has a site area of 1,338 square metres.
Tender for South Bay Road site to open 23 September
The private residential lot has a site area of 1,338 square metres.
Jobs galore: Total employment up by 15,200
The figure for May-July was a record high of 3.6 million.
Hong Kong’s private residential rents shoot to 14-year high
Private residential rents averaged HK$20.1/sqft in June, the highest recorded since September 1997.
The jobs are plenty but few are qualified: 93% of HK employers struggling to fill vacancies in finance
Although 30% of companies intend to increase their full-time staff in 2H11, finding skilled professionals remains a challenge.
Hong Kong’s real estate investment volumes drop 6.6% to US$ 2.4b
With retail investments accounting for 54% of all transactions.
Hong Kong becomes the lender for Chinese firms
This is amidst the central government’s attempt to lower the inflation rate.
Bonjour Holdings profit up 67%
Profit amounted to HK$496m.
Agile Property to meet annual sales target
This is despite purchase restrictions affecting a quarter of the developer’s projects.
Daphne International targets 15% growth in same-store sales
The projected year-on-year rise will counter increasing expenses.
Home prices likely to fall further in China
This is amidst entry of new supply prior to the peak of the sales season.
Hong Kong’s inflation may have surged to 8.6% in July
Standard Chartered says inflation will continue its seasonal uptrend from August onwards.
AsiaSat’s profit up 20% to HK$367m in 1H 2011
And turnover for the first half of the year amounted to a whopping HK$802m.
New Heritage posts first half profit at HK$6 million
Strong financial position and a balanced mix of investment and development properties as well as commercial and residential properties enable to sustain healthy development.
Dah Chong Hong profit jumps 63.5% to HK$801mn
Strong growing momentum in China contributed 72.8% of the group’s turnover.
Hopefluent profit up 27% to HK$75.5mn
The group strives to capture market opportunities and actively expand its business network in the second half of 2011.
Comtec Solar profit up 48.1% to RMB101.6mn
The company to increase the Super Mono Wafers shipment to at least 30% of its total shipments to remain profitable amid tough industry environment.
Genius Brand picks Huawei to deploy LTE network in Hong Kong
The infrastructure will deliver a better Internet surfing experience, higher resolution on streamed mobile content and improved interactivity along with other wireless applications.
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