Business
Residential Tung Chung land sold cheaper than expectedSun Yunlong Xinhua 12.05.2010 | Shangri-La Hotels and Resorts Opens Two Hotels in the Jiangsu Province Shangri-La Hotels and Resorts 10.05.2010 |
 A 26,200-square-meter residential site in Hong Kong has been sold at a government land auction for 3. 42 billion HK dollars (440.7 million US dollars) on Tuesday, just 18.9 percent higher than the initial bidding price. |  Shangri-La Hotels and Resorts announces today that it will open Shangri-La Hotel, Nanjing and Shangri-La Hotel, Yangzhou in 2012. The two Jiangsu province hotels will join the group's existing six hotels in the Yangtze River Delta and two further projects in Shanghai opening in the next two years. |
HK warns of high property prices, may consider subsidies Interactive Investor 07.05.2010 | Hong Kong's property bull market 'peaked': RBSChris Oliver MarketWatch 05.05.2010 |
 Hong Kong's leader said on Thursday he was concerned about the rapid growth in property prices in the city, with the authorities to review and possibly announce fresh policies in October to subsidise home buyers. |  Hong Kong's property market appears to have reached its high tide mark, according to research by the Royal Bank of Scotland. |
China Developers Turn to Hong Kong as Beijing Reins in LendingKatrina Nicholas BusinessWeek 05.05.2010 | London (West End) World's Most Expensive Office Market; Hong Kong (CBD) Now Ranks Second CB Richard Ellis Group, Inc. 05.05.2010 |
 China’s biggest developers are borrowing record amounts in Hong Kong, taking advantage of lower interest rates to circumvent a lending crackdown at home. |  London's West End remains the world's most expensive office market, according to CB Richard Ellis Group, Inc. (CBRE) Global Research and Consulting's semi-annual Global Office Rents survey. Hong Kong's Central Business District (CBD) has risen to second place pushing Tokyo's Inner Central to third place. Mumbai is now in fourth position on the list while Moscow remains in fifth in the CBRE rankings, which tracks occupancy costs for prime office space in 176 cities around the globe. |
Hong Kong Authority Tightens Rules on Property SalesChia-Peck Wong BusinessWeek 05.05.2010 | Beijing's luxury home prices down, thanks to new regulationsShen Jingting China Daily 03.05.2010 |
 Hong Kong’s Urban Renewal Authority announced new rules to increase transparency in the city’s property industry, two weeks after the government said it may raise sales taxes on some homes and accelerate land auctions to prevent a bubble in the market. |  Uncertainty about Beijing's luxury residential market has led speculators to step aside and caused some overseas owners to be anxious about their property assets. |
HKMA: Rising Home Prices To Feed Into Consumer Prices As Soon As 2nd HalfChester Yung and Aries Poon The Wall Street Journal 01.05.2010 | China property bonds flying, but risks lurkLee Chyen Yee and Jun Ebias Reuters 29.04.2010 |
 The Hong Kong Monetary Authority said Friday rising home prices and rentals will likely feed into the city's consumer prices as soon as the second half beginning July 1. |  China's developers have been aggressively issuing U.S. dollar bonds this year, with the pace likely to quicken as they take advantage of low funding costs overseas and in anticipation of tighter monetary policy at home. |
