Sun Hung Kai Properties Ltd (0016.HK)
23 Feb 2018
HONG KONG Hong Kong's red-hot property market kicked off 2018 with hundreds queuing to buy flats in the first major property launch of the year on Saturday, backing expectations strong demand will further lift record prices by 5 to 20 percent over the year. The Asian financial hub has one of the most expensive housing markets in the world, with private home prices shattering historic records for 13 months in a row and rising almost 200 percent since 2008. Among the some 100 pre
HONG KONG, Jan 13 Hong Kong's red-hot property market kicked off 2018 with hundreds queuing to buy flats in the first major property launch of the year on Saturday, backing expectations strong demand will further lift record prices by 5 to 20 percent over the year.
HONG KONG, Jan 11 Chinese conglomerate HNA Group is in talks with a leading Hong Kong property developer for a loan to refinance its repayment liabilities linked to a land parcel in the Asian financial hub, people familiar with the matter told Reuters Loan Pricing Corp.
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.
* Says Sun Hung Kai Properties Ltd's unit, Fedder Limited, wins Hong Kong site for HK$5.06 billion ($648.75 million)
* Total sales this yr projected at HK$41 bln vs HK$52.4 bln last yr
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.
* Says it sets sales target at HK$36.0 billion ($4.61 billion) for fiscal 2017-18
* FY profit attributable to co’s shareholders HK$ 41,782 million versus HK$32,666 million