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Alibaba to take 20% stake in Suning for 28.3 bln yuan

... 2 million square meters of warehouses, four air cargo hubs, 12 automated sorting centers, 660 city delivery centers and more than 10,000 express stations. "This collaboration signals a new trend in th ...More

EJ Insight2015-08-10

Why a HK$41 mln duplex may be the last good news for developers

... 4,000 per square foot, the 1,719 square-foot duplex with a rooftop beat all transactions in northwest New Territories, a rural area before the West rail line rolled into town. The scorching weekend sa ...More

EJ Insight2015-08-10

8 rescued after lift in Times Square plummets 4 stories

Eight people experienced a four-story free fall at Times Square in Causeway Bay on Sunday afternoon. But it wasn't for the thrill, and their fear was real. The three men and five women were trapped in ...More

EJ Insight2015-08-10

HKU professor 'scared to death' by germ counts at laundry

... ) per 100 square centimeters in linen processed at the laundry was found. That is up to 76 times a US hygiene standard for hospital textiles of 20 cfu per 100 sq cm. A subsequent test toward the end o ...More

EJ Insight2015-08-07

Retail properties leasing weak but office market strong

... ing 1,446 square feet at Empire Court in Causeway Bay was leased out at HK$400,000 (US$51282) a month, or about HK$276 psf, according to the Hong Kong Economic Journal. The shop was previously occupie ...More

EJ Insight2015-08-07

Dim retail outlook casts shadow on retail property deals

...  of 1,446 square feet. The total rent translates into HK$276.6 per square foot, which matches prevailing rates in the area, the report said, citing market sources. But another shop on Hennessy Road, o ...More

EJ Insight2015-08-07

Investor Ackman takes US$5.5 bln stake in Cadbury owner

...  Pershing Square Capital would become the company's biggest shareholder — were up less than 1 percent in early trading amid doubts about whether a buyer could be found. At the current share price of a ...More

EJ Insight2015-08-07

Egypt opens Suez Canal extension, vows to defeat terrorism

... 's Tahrir Square a crowd of about 300 gathered in the square honking horns with the color of the Egyptian flag. For many Egyptians, as well as economists and experts, the immediate benefits of the exp ...More

EJ Insight2015-08-07

Why are we subsidizing wealthy homebuyers through URA?

... 32 to 568 square feet, up for sale at a 20 percent discount to the market level. Only families with a total monthly income of less than HK$60,000 and with a net worth of less than HK$3 million are eli ...More

EJ Insight2015-08-06

Tainted water scare spreads to luxury housing project in Kowloon

...  of 1,650 square feet. One flat was sold recently for HK$27.5 million. Meanwhile, more tests are being conducted in housing estates affected by the lead contamination. Several children from Kai Ching ...More

EJ Insight2015-08-05

Mom and baby escape as stroller wheels get stuck in escalator

...  at Times Square in Causeway Bay. A spokesman for The Link Management Ltd., which operates Tai Wo Plaza, said the escalator involved in the incident had been subject to regular maintenance, the last t ...More

EJ Insight2015-08-05

Pieces of escalator break off at Times Square in HK, no one hurt

Pieces broke off an escalator at Times Square in Hong Kong, but no one was injured, Headline Daily reported. A netizen posted a photo on social media, saying a loud noise was heard on Sunday morning a ...More

EJ Insight2015-08-03

Cheung Kong to sell Shanghai property project

...  yuan per square meter, the sources said. The project occupies a combined 269,000 square meters. Over the past two years, companies backed by Li and his family have sold five office and shopping mall ...More

EJ Insight2015-08-03

Is Guangzhou-Qingyuan integration a wrong match?

... every two square meters of land in Shenzhen was concrete, while Guangzhou had around half that level. This shows that a substantial amount of valuable land has been wasted in Guangzhou. The move to re ...More

EJ Insight2015-08-01

Strong dollar may mean it's time to leave home

... d a 2,000 square foot house with a furnished basement in some convivial neighborhoods in Toronto. I don't bear any grudges against Cheung Sha Wan, but just for the sake of comparison, HK$5 million can ...More

EJ Insight2015-07-31

Slowing economy to keep China retail market depressed

... 4 million square feet, making it Hang Lung’s largest shopping complex in the mainland. Hang Lung shopping malls in Kunming and Wuhan are scheduled to open after 2018. [Chinese version中文版] -- Contact u ...More

EJ Insight2015-07-31

This is your Manila neighborhood once you've made it

... about one square mile with more than 2,500 residents. It is popular among expat executives who pay about US$9,000 a month on average to lease a home there. “It’s the Boardwalk or Park Place of Manila ...More

EJ Insight2015-07-31

Netizens pitch in for century-old Tai Po monastery

... e 100,000 square-foot plot is estimated to be worth HK$100 million. “The monastery is not a place for making money,” Chi said. Chi inspired Reimer to launch a fundraising on FringeBacker, a global cro ...More

EJ Insight2015-07-30

759 Store grows bigger on snacks

... t 431,000 square feet of property or about 1,733 square feet per store. The high rents notwithstanding, the company is enjoying huge demand with 1.15 million store card members visiting its outlets ev ...More

EJ Insight2015-07-30

Why moving subdivided flat residents to far sites may not work

... s than 48 square feet per person, which is almost identical to the size of a prison cell managed by the Hong Kong Correctional Services. The CSD report said the average size of living space for occupa ...More

EJ Insight2015-07-30

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