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Dymocks to close flagship bookstore and quit HK as rents soar

A jump in rent is forcing Australia’s Dymocks to close its flagship bookstore in Hong Kong, Apple Daily reported Monday. Dymocks is paying HK$570,000 in monthly rent for the 4,000 square meter space o ...More

EJ Insight2015-01-12

Saudi silent as outrage grows over blogger flogging

... aten in a square outside a mosque in Jeddah, watched by a crowd of several hundred who shouted “Allahu Akbar” (God is great) and clapped and whistled after the flogging ended. Badawi made no sound du ...More

EJ Insight2015-01-12

Beijing land plots fetch record prices

...  yuan per square meter (sq m). Excluding some apartments that will be subject to price caps, the winning bid works out to more than 50,000 yuan per sq m, the paper noted. Just two days earlier, a cons ...More

EJ Insight2015-01-09

Shanghai stampede: a tragedy we should never forget

... the Times Square New Year's Eve ball drop in New York. But a year later, when even more people from all over China flocked into the Bund area in high anticipation of another dazzling show on the last ...More

EJ Insight2015-01-06

Legco to impose 3 new restrictions as it reopens protest zone

...  with the square in front of the building, will be open only between 7 a.m. and 11 p.m. Second, the number of protesters will be capped at 850. Third, use of tents, sleeping bags and equipment for sta ...More

EJ Insight2015-01-06

China scraps rare-earth quotas after WTO loss

... ank North Square Blue Oak, was quoted as saying. “China is saying that as a WTO member, it’ll have to abide by WTO rules.” Rare-earth prices surged as much as tenfold after China slashed export quotas ...More

EJ Insight2015-01-06

Burial unlikely for Zhao Ziyang on 10th death anniversary

... Tiananmen Square protests, had not been given that honor.  There were reports that top cadres had suggested that he be buried in a section of the cemetery reserved for middle-level officials, but his ...More

EJ Insight2015-01-05

Up, up and away: Is HK property still a good bet in 2015?

... le. A 395-square-feet two-bedroom flat there is now selling for around HK$4.2 million (US$540,000), 20 percent more than a year ago. The property market has easily outperformed the local stock market. ...More

EJ Insight2015-01-02

Beijing raises housing fund loan ceiling

... eeding 90 square meters can apply for as much as 1.2 million yuan from Jan. 1, the report said, citing local fund administrators. For second-home buyers, the upper limit is still 800,000 yuan. The 1.2 ...More

EJ Insight2015-01-02

36 revellers killed in Shanghai stampede, Xi orders probe

President Xi Jinping has demanded an investigation into a New Year's Eve stampede in Shanghai that killed 36 people and injured 47. The crush happened in Chenyi Square in the city's historic Bund dist ...More

EJ Insight2015-01-02

Xi rallies Chinese universities: On your Marx, get set, go

... Tiananmen Square pro-democracy protests that were brutally suppressed by the army, Reuters said. This could be a reason why so many Chinese students leave to study in the US. A total of 274,439 Chines ...More

EJ Insight2014-12-31

Debris seen off Indonesia could be from AirAsia jet: official

... to 10,000 square nautical miles on Tuesday, officials said. The US military said the USS Sampson, a guided missile destroyer, would be on the scene later in the day. -- Contact us at [email protected] ...More

EJ Insight2014-12-30

Wong Chuk Hang redevelopment project to promote arts

... " The per-square-foot rent for Genesis, which has around 240,000 square feet up for rental, will reportedly range from HK$16 to HK$20. According to ADC, the sub-rented work spaces will range from 300 ...More

EJ Insight2014-12-30

Land premium for farmland expected to rise

... K$600 per square foot for farmland with direct road access to downtown. Farmland in remote areas fetches about HK$180 per sq ft. The government has been paying HK$969.60 per sq ft for land it has been ...More

EJ Insight2014-12-30

What does 2015 hold for HK property market?

... vided 165 square feet unit). Sun Hung Kai, meanwhile, sold 960 units in The Wings 3 development at Tseung Kwan O. The second-hand market also had a strong year, with Mayfair Garden in Tsing Yi topping ...More

EJ Insight2014-12-29

China to ease FTZ investment rules

... ing 116.2 square kilometers, will include zones in Guangzhou, Shenzhen and Zhuhai. The Fujian FTZ, covering 118.04 sq km, will include industrial areas in Fuzhou and Xiamen, and Pingtan, a new industr ...More

EJ Insight2014-12-29

Residents of crowded cubicle homes gloomy, poll shows

... 3.69) per square foot, higher than the average of HK$25.20 per sq ft for mansions in the same district. The survey found that over 30 percent of the families have a monthly income below HK$10,000. At ...More

EJ Insight2014-12-23

New housing strategy still gets it all wrong

... 4,000 per square foot for their properties. But when the redevelopment is completed next year, the luxury flats are expected to be sold at a whopping HK$20,000 per sq ft. Even the cheapest unit may co ...More

EJ Insight2014-12-23

Bank of America Tower fire hazard ordered removed

... ed 16,900 square feet of space, potentially worth up to HK$12.16 million a year in rental income if the entire floors are rented out. The office tower, which opened in 1975, was the subject of a high- ...More

EJ Insight2014-12-18

Why Hengqing makes perfect sense for HK homebuyers

... has 106.5 square kilometres of land, three times that of Macau, and is just 180 meters across a narrow stretch of water at the closest point. When the State Council designated it a special zone in Apr ...More

EJ Insight2014-12-18

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