Hang Lung Profit Triples on Hong Kong House Prices (Update3) (Bloomberg.com)
Story date: 2008-02-20 02:57:06
Added on: 2008-02-20 03:45:51
Feb. 20 (Bloomberg) -- Hang Lung Properties Ltd., Hong Kong's fourth-largest developer by market value, said first-half profit more than tripled as the company sold more apartments, tapping the city's surging home prices.
Read more...
Related Stories:
-
Hong Kong Stocks Decline to Lowest in a Month; Developers Fall - Bloomberg
May 21 (Bloomberg) -- Hong Kong stocks declined, dragging the benchmark index to a one-month low, as real-estate companies dropped on speculation...
2008-05-20 10:24:00 -
Hang Lung Makes $5 Billion China Bet to Dodge Rivals
Ronnie Chan, chairman of Hang Lung Properties Ltd., is betting $5.1 billion on China’s consumers....
2011-02-15 10:24:16 -
HSBC, Hang Seng Decline After Profit Misses Estimates (Update2) - BusinessWeek
March 2 (Bloomberg) -- HSBC Holdings Plc and affiliate Hang Seng Bank Ltd. slumped in Hong Kong trading after the lenders reported...
2010-03-02 02:18:00 -
China Merchants Is Preferred Bidder for Wing Lung, People Say (Bloomberg.com)
May 23 (Bloomberg) -- China Merchants Bank Co. was picked as preferred bidder for Hong Kong's Wing Lung Bank Ltd., people familiar...
2008-05-22 09:36:26 -
Hong Kong Home Sales Rise to Highest in Five Months - Bloomberg
Hong Kong Home Sales Rise to Highest in Five MonthsBloomberg“Mortgage rates are already at a very low level and banks need to...
2010-03-02 03:22:45 -
Banks join StanChart in home move
The stage has been set for a wave of mortgage rate increases after Hang Seng Bank (0011) followed quickly on the heels...
2010-11-04 02:32:59 -
Hong Kong Stocks Rise for Second Day; New World, Wing Lung Gain
Bloomberg - The city's rising residential rents and falling mortgage rates are expected to encourage more people to become home owners, the...
2008-02-12 11:13:00 -
Wing Lung Becomes Third Hong Kong Bank to Lift Mortgage Rates - Bloomberg
in 2008, today increased its mortgage rate, becoming the third Hong Kong bank this week to lift the cost of home loans....
2010-11-04 04:31:00