HONG KONG: WEEK IN REVIEW, 11May2013

gold jewlers hong kong

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HONG KONG: CLOSING WRAP, 09May2013

mtr ticket

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Hard slog ahead for HK developers to reach 2012 sales figures

Finally something working to cool down HK real estate.

Hong Kong Business

HONG KONG: CLOSING WRAP, 06May2013

tseung kwan o2

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HK weekend property sales plummet 95%… More supply to hit the market

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From Hong Kong Business:

Meanwhile, we believe that the number of primary projects available for sale will increase towards the end of May, as developers have already digested the impact of the new Ordinance, and the preparation work for marketing material will be completed over the next few weeks.

Guangdong property sales soar 50.5% in Q1

guangdong property

From China Knowledge:

Real estate developers reaped a total of RMB 160.78 billion from property sales in the period, 74.4% more than in the same period of 2012, after seeing an 86% surge in the first two months.

Property curbs force panic buying in China… Value of new homes sold in 1Q13 up 69% YoY

From Shanghai Daily:

THE total value of new homes sold in China in the first quarter surged 69 percent from a year earlier as panic homebuyers rushed to sign contracts before local governments tightened property curbs.

HONG KONG: BEFORE THE OPEN, 5Mar2013

hsbc

 

1. HSBC feels the pain in London trading for missed earnings, down 2.5%
2. Gulliver pockets GBP1.9bn on HSBC not so impressive results
3. Evergrande Jan & Feb 2013 sales STRONG up 170%
4. THE FADE… Macau casino revenue to grow sub 15% says SJM
5. THE WINNING FORMULA… Mainlanders + Luxury HK Shoping = Retail Sales Strong
6. Ooos I Did It Again… COSCO to return to profit in 2013 after 2 years of losses says president
7. BBMG profits down 26%, in line with expectations