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Sun Hung Kai Properties Ltd (0016.HK)

0016.HK on Hong Kong Stock

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Mon, Oct 30 2017

HK's Sun Hung Kai wins auction for Cheung Sha Wan hotel site

HONG KONG, Oct 30 Hong Kong's largest developer Sun Hung Kai Properties on Monday paid HK$5.06 billion ($649 million), well above market estimates, for a site designated for hotel use.

BRIEF-Sun Hung Kai Properties' unit wins commercial site for HK$5.06 bln

* Says Sun Hung Kai Properties Ltd's unit, Fedder Limited, wins Hong Kong site for HK$5.06 billion ($648.75 million)

UPDATE 1-Hong Kong's Sun Hung Kai Properties expects sales to slow after record year

* Total sales this yr projected at HK$41 bln vs HK$52.4 bln last yr

CORRECTED-Hong Kong's Sun Hung Kai Properties FY underlying profit rises 7.43 percent

HONG KONG, Sept 14 Sun Hung Kai Properties Ltd , Hong Kong's largest developer by market value, on Thursday posted a full-year underlying profit of HK$25.97 billion ($3.32 billion), in line with estimates, thanks to robust sales in one of the world's most expensive property markets.

BRIEF-Sun Hung Kai Properties sets sales target at HK$36 bln for fiscal 2017-18

* Says it sets sales target at HK$36.0 billion ($4.61 billion) for fiscal 2017-18

BRIEF-Sun Hung Kai Properties posts FY underlying profit attributable of HK$ 25,965 million

* FY profit attributable to co’s shareholders HK$ ‍41,782​ million versus HK$32,666 million

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