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Why Wharf and other HK developers can't quite cut it in China

When Greentown China founder Song Weiping sold his shares to Sunac (01918.HK) last month, the deal resurrected questions about the former's relationship with Hong Kong conglomerate Wharf Holdings (000 ...More

EJ Insight2014-06-23

Tycoons begin their talk-show on Occupy Central

Call it a form of corporate social responsibility, or perhaps just another example of government-business collusion. Leading tycoons in Hong Kong have begun to speak up against the Occupy Central move ...More

EJ Insight2014-06-11

Peter Woo joins tycoons in condemning Occupy Central

Peter Woo, chairman of Wharf (Holdings) Ltd. (00004.HK), is the latest voice among Hong Kong's business elite to denounce Occupy Central, saying the "illegal movement" is making an unwise move by reso ...More

EJ Insight2014-06-10

HK retail stocks dive on Chinese tourist clampdown fears

Hong Kong retail stocks slumped Tuesday after reports the government is considering a 20 percent cut in visitor visas for mainland tourists. Among the worst hit were Sasa International Holdings Ltd. ( ...More

EJ Insight2014-05-28

Leung tests the waters on mainland tourist cut

Chief Executive Leung Chun-ying was quick Tuesday to play down an idea to slash the number of mainland visitors to Hong Kong by 20 percent, after apparently discussing the proposal at a meeting of a t ...More

EJ Insight2014-05-27

Leung seeks opinions on mainland individual visitor quota cut

Hong Kong's leader Leung Chun-ying is believed to have sought opinions Monday from members of the Commission on Strategic Development (CSD) on cutting the quota for the individual visit scheme for mai ...More

EJ Insight2014-05-27

The real reason why Greentown founder has bowed out

Property veteran Song Weiping is known for not folding even in the toughest of times. So now, with things seemingly more or less back on track, why has he chosen to bow out? Over the past few years as ...More

EJ Insight2014-05-26

Ground shifts as Sunac offers to buy Greentown

What a stark difference a deal can show. One party is moving into top gear with a proposed morale-boosting landmark acquisition while the other is making a dismal yet surprising pullback. The deal in ...More

EJ Insight2014-05-16

Sunac in talks to buy 30 percent stake in Greentown

Sunac China Holdings Ltd. (01918.HK), a mainland property developer founded by chairman Sun Hongbin, plans to acquire up to 30 percent of Greentown China Holdings Ltd. (03900.HK), the Hong Kong Econom ...More

EJ Insight2014-05-16

Hangzhou applies red tape to stanch home price cuts

About two months ago, a medium-sized developer slashed home prices at its Hangzhou project by almost a third to 11,800 yuan (US$1,891) per square meter. The news rattled the property market of the cap ...More

EJ Insight2014-04-24

HKEJ Today: Highlights

Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Thursday, April 3: TOP STORIES HKEx, Shanghai Stock Exchange in talks on m ...More

EJ Insight2014-04-03

HSI ends higher as HKEx leads way

Hong Kong's benchmark Hang Seng Index (HSI) rose for a fourth trading session Thursday after reports that Hong Kong Exchanges and Clearing (HKEx) (00388.HK) is forging closer ties with the Shanghai St ...More

EJ Insight2014-04-02

HKEJ Today: Highlights

Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Friday, March 28: TOP STORIES Tencent, IGG tumble amid sell-off in US tech ...More

EJ Insight2014-03-28

Wharf cuts mainland home prices amid cash flow woes, paper says

Wharf (Holdings) Ltd. (00004.HK) has been cutting home prices for its projects in eastern China, including Hangzhou and Changzhou, amid cash-flow pressures, the 21st Century Business Herald reported T ...More

EJ Insight2014-03-27

HSI takes a breather as tech, software investors cash in

The Hang Seng Index took a breather from a two-day winning run as investors grabbed profits from technology-related stocks. Hong Kong's benchmark index gave up 114 points, or 0.52 percent, to close at ...More

EJ Insight2014-03-25

HSI strengthens as property developers take off

Hong Kong stocks added to Tuesday's 380-point gain, buoyed by news that China's January exports beat expectations, coupled with a rally in property counters. The benchmark Hang Seng Index rose 322 poi ...More

EJ Insight2014-02-12

Wedding bells sound like hope for Marco Polo

China's marrying types are a boon to the consumption market but they're more than a nice little prospect for Marco Polo Hotels. When they exchange vows and drink to wedded bliss, the celebratory spoil ...More

EJ Insight2014-02-11

HSI under pressure as Beijing defrosts IPO market

The Hong Kong benchmark index was dragged down for a second day by the prospect of a resumption in mainland listings this month. The Hang Seng Index fell 133 points, or 0.58 percent, Monday to 22,684 ...More

EJ Insight2014-01-06

Wharf bags Hangzhou plot at a premium, paper says

Wharf (Holdings) Ltd. (00004.HK) has won a site in Hangzhou for 2.58 billion yuan (US$424.22 million), a 69.82 percent premium, National Business Daily reported Friday. It will develop the site into r ...More

EJ Insight2013-12-20

Bad news for property plays weighs on HSI

Hong Kong's benchmark index had a choppy trading session Thursday as property developers tumbled on news that land supply will balloon next quarter. The Hang Seng Index climbed 261 points out of the g ...More

EJ Insight2013-12-19

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