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09.03.26 - 07:18
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Hong Kong tycoon Adrian Cheng doubles down on tech in step with China′s 5-year plan (SCMP)
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Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD), plans to spend more time in mainland China and increase his tech investments this year, with a focus on a range of sectors from artificial intelligence to aerospace, echoing China's latest five-year plan.
“If our country can realise [the 15th five-year plan], we would be stable and secure, and our future will definitely be promising,” Cheng, who is a member of the Chinese People's Political......
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09.03.26 - 03:45
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LONGFOR GROUP Dives 5%+ on Warning of Core Loss RMB1.5-2B Last Yr (AAStocks)
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LONGFOR GROUP (00960.HK) opened 3.02% lower today (9th) and once bottomed at HKD8.66. It last traded at HKD8.77, down 5.39%, with a trading volume of 9.9505 million shares, involving HKD87.2036 million.The company has issued a profit warning, projecting a core loss of RMB1.5-2 billion for the previous year, compared to a core pr......
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08.03.26 - 01:36
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China′s shoppers head for suburban outlets, a bright spot in retail property (SCMP)
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For Steven Zhou, a 40-year-old Beijing office worker, suburban outlet stores offer a better shopping experience than urban malls, allowing him to escape the city, park his car without frustration and, most importantly, find good deals.
“Outlets offer a wide selection of brands, with attractive discounts, especially on sportswear,” Zhou said.
Across the mainland, outlets are expanding while traditional and luxury malls face high vacancy rates. Offering well-known brands at discounted prices,......
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06.03.26 - 05:45
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Research: JPM Ratings on CN Developers/ Managers (AAStocks)
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Stock | Rating=========================Chinese DevelopersCHINA RES LAND(01109.HK) | OverweightCHINA OVERSEAS(00688.HK) | Overweight CHINA JINMAO(00817.HK) | Overweight LONGFOR GROUP(00960.HK) | Overweight SEAZEN(01030.HK) | NeutralCHINA VANKE(02202.HK) | UnderweightCOUNTRY GARDEN(02007.HK) | Underweight SUNAC(01918.HK) | Unde......
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04.03.26 - 00:36
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Investors watch China′s ′two sessions′ for clues on property overhaul (SCMP)
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Ahead of China's annual legislative meetings – typically a window into Beijing's top-level policy agenda – this is the seventh entry in a series examining the complex economic recalibration driving China's growth philosophy and its wide-ranging implications for local governments, financial investors and private enterprises.
Investors and policy watchers will be looking to this week's meetings of China's national legislature and top political advisory body – also known as the “two sessions” – for......
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03.03.26 - 02:45
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CHINA VANKE Subsidiaries RMB320M+ Loan Extended by 1 Yr (AAStocks)
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CHINA VANKE (02202.HK) announced that its wholly-owned subsidiary, Xi'an Yajian, applied for a bank loan of RMB140 million from United Overseas Bank (China) Limited Shenzhen Branch in 2023, while its other wholly-owned subsidiary, TRADE ROUTE INVESTMENTS, applied for a bank loan of RMB207.97 million from UOB Singapore, with ......
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01.03.26 - 13:06
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China Resources subsidiary acquires Hong Kong hotel for student housing project (SCMP)
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A subsidiary of state-owned conglomerate China Resources (Holdings) has acquired a Hong Kong hotel and plans to convert it into student housing amid a wave of investments driven by rising demand after the city raised the cap on non-local students.
CR Longdation signed an agreement to buy four-star hotel Hotel Cozi Oasis in Kwai Chung, a major industrial and residential area in the southwestern New Territories, for HK$953 million (US$122 million), said Colliers and Knight Frank, which advised on......
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27.02.26 - 09:15
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Full-day Takeaway: HSI Closes at 26,630, Up 249 pts; HSTI Closes at 5,137, Up 28 pts; SHK PPT Up over 7%; SHK PPT, CHINA SHENHUA, CK ASSET, BOC HONG KONG, TECHTRONIC IND Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 249 pts or 0.9% to 26,630. HSTI rose 28 pts or 0.6% to 5,137. HSCEI gained 45 pts or 0.5% to 8,859. Market turnover reached $288.42 billion.Active Heavyweights:TENCENT (00700.HK) closed at $518, up 1.2%MEITUAN (03690.HK) closed at $81.15, up 0.9%HKEX (00388.HK) closed at $419, up 0.9%XIAOMI (01810.HK) closed a......
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