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A home inspector who hates property speculation

... b-divided unit in my view. I had never seen a window-less toilet before, but now many toilets in new flats are without one," Tsim added. Which has been the worst new real-estate development this year? ...More

EJ Insight2015-06-20

CRH boosts acquisition deal with listed unit to HK$30 bln

China Resources (Holdings) Ltd. (CRH) is beefing up an acquisition deal for the non-beer assets of China Resources Enterprise Ltd. (CRE, 00291.HK), its Hong Kong-listed unit. That values the transacti ...More

EJ Insight2015-06-19

Vedanta to buy out minority shareholders in Cairn India

Vedanta Ltd., India's largest private miner, has offered to buy out minority shareholders in energy unit Cairn India, in a deal worth about US$2.3 billion. Under the offer, Cairn India shareholders wi ...More

EJ Insight2015-06-15

A Hong Kong Indian finds his career in acting

... "Tactical Unit: Partners". During the audition, the director could not pick a suitable South Asian for a role and decided to give Bitto a shot instead. To Bitto, Johnnie To's "Mad Detective" is the mo ...More

EJ Insight2015-06-13

Why China’s growing influence is not always a matter for concern

... ional community has a shared interest in discouraging such activities. But China’s economic initiatives, which promise benefits both at home and for the country’s partners, are a different matter. For ...More

EJ Insight2015-06-12

Amid MERS scare, some familiar thoughts in HK

... llars per unit. A couple of 343-square-foot apartments even went for as low as half-a-million dollars. Now, after 12 years, flats at Amoy Garden are priced at a minimum of HK$4 million. This is consis ...More

EJ Insight2015-06-11

How trustworthy are the Chinese?

... hich is a unit of Alibaba's Ant Financial Services Group. After getting what they want; customers had to go to a self-help counter to pay through their Alipay account or in cash. Most of the customers ...More

EJ Insight2015-06-10

GE sells buyout finance unit to Canada pension fund

General Electric Co. has agreed to sell its private-equity-lending unit to Canada’s largest pension fund in a deal valued at about US$12 billion, The Wall Street Journal reported. The move is a major ...More

EJ Insight2015-06-10

Henkel, Coty bid for P&G beauty assets

... fragrance unit and its cosmetics business. Buyout firm Clayton Dubilier & Rice LLC also submitted a bid for P&G's cosmetics business, which includes drugstore brands CoverGirl and Max Factor a ...More

EJ Insight2015-06-09

Stifel to buy former Lehman brokerage from Barclays

New York-listed investment bank Stifel Financial Corp. said it will buy Barclays Plc's US wealth and investment management unit, which is largely made up of the former brokerage arm of Lehman Brothers ...More

EJ Insight2015-06-09

Domestic helpers tied to NT burglaries

... force sub-unit said burglary investigations are become increasingly challenging because thieves have become more sophisticated. Besides breaking into houses through the front door, they mostly leave n ...More

EJ Insight2015-06-08

GE close to selling lending unit to Canada fund

General Electric is nearing an agreement to sell its private equity lending unit to the Canada Pension Plan Investment Board, Canada's biggest pension fund, Reuters reported, citing a person familiar ...More

EJ Insight2015-06-08

Why US-listed Chinese companies are heading home

... es in the United States, it’s quite a task for a Chinese company to successfully list there. But why are these companies giving up their US listing status? One key reason is the search for higher mark ...More

EJ Insight2015-06-03

SoftBank to invest US$1 bln in Korea e-commerce firm Coupang

... ported. A unit of SoftBank will make the investment, which will close at the start of July, the Tokyo-based company said in a statement on Wednesday. Coupang is the largest standalone e-commerce compa ...More

EJ Insight2015-06-03

Artists find a home in Sheung Wan rental studios

... remaining units out of 65 that were built after renovations freed up an entire floor of a building in the complex, executive director Victor Tsang said. PMQ is charging HK$3,000 (US$387) a month for e ...More

EJ Insight2015-06-03

China home sales growth hits six-year high on stimulus measures

...  research unit of SouFun Holdings Ltd. Except a small uptick in January, the price index had been declining for the past 12 months. Since the end of March, the government has rolled out a number of me ...More

EJ Insight2015-06-03

Property stocks yield more than properties: Lee Shau-kee

... d a 1,600-unit home for the elderly, a 1,600-unit youth hostel and 5,000 units of subsidized housing, among others. Some of the plans are still subject to government approval, he said. Translation by ...More

EJ Insight2015-06-03

Dalian Wanda buys Australia cinema chain Hoyts

Wanda Cinema Line Corp. (002739.SZ), a unit of China's Dalian Wanda Group, said on Tuesday that it is acquiring Australian cinema chain Hoyts Group. Hoyts operates some 450 cinema screens in Australia ...More

EJ Insight2015-06-03

New Third Board not yet an ideal exit mechanism

... e capital unit of Legend Holdings, has more than 20 billion yuan (US$3.23 billion) of assets under management. Legend Holdings is the biggest shareholder of Chinese computer maker Lenovo. The New Thir ...More

EJ Insight2015-06-02

Qianhai: Does reality match the hype?

...  set up a unit in Qianhai. Founder Phoenix Wan pointed out that many Hong Kong entrepreneurs are eyeing the mainland market. However, he noted that most people are not familiar with the rules and envi ...More

EJ Insight2015-06-01

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