Property 

Homebuyers give their collective cold shoulder to new flats in Tuen Mun, Tai Po as persistent protest rallies weigh on sentiments

Hong Kong’s property buyers gave their collective cold shoulder to the biggest sale of new homes in a month, picking up just over 30 per cent the 442 new flats on offer, as sentiments stayed downbeat amid protest rallies that have persisted since early June.Wing Tai Properties sold 23 of the 110 flats at its OMA OMA project in Tuen Mun as of 9pm, according to sales agents. China Overseas Land & Investment sold 111 of 332 units on offer at The Regent in Tai Po, with a total contracted…

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Vietnam 

HCM City eyes boost to collective sector – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A seminar on developing the collective agricultural sector was held in HCM City on June 21 by the HCM City Farmers Association. — VNS Photo HCM CITY — Local co-operatives need to mobilise capital from their members or co-operate with enterprise members to improve their production and trading, the HCM City Cooperative Alliance has said. Speaking at a seminar on developing the collective economic model in agricultural in HCM City yesterday, Bùi Trần Huy Vinh of the HCM City Cooperative Alliance, said: “The Capital Aid Fund for Cooperative Members…

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China 

Chinese attendees give US investment conference their collective snub as year-long trade war escalates, spills over to tech

The Chinese delegation to a major conference on foreign investments hosted by the United States government shrank sharply for a second year, as the protracted US-China trade war diminished business appetite amid tightening regulatory scrutiny in both countries on deals.A total of 76 company representatives and government officials from China attended the annual Select USA Investment Summit, down from last year’s 101 delegates and 155 in 2017, according to organisers of the Monday event in… Source link

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Home 

Chinese brokers take a collective pay cut after a miserable 2018 in the world’s worst-performing stock market

Chinese brokers would rather forget a disappointing 2018.Nearly 70 per cent of Chinese brokerages reported a reduction in employee compensation for last year, with one fifth slashing it by more than 20 per cent, as the industry struggled because of the market downturn and a slowing economy.The compensation includes salary, bonus, and benefits.“Last year was a tough year for the entire industry, as the market slumped amid trade war fears and tightening financial regulations,” said Li Xing, a… Source link

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Property 

First mix-use land plot at former Kai Tak airport runway gets the collective shrug from developers as property market cools

Hong Kong’s government received a lukewarm response in its sale of the first commercial land plot on the former Kai Tak Airport’s runway, as developers refrained from building offices and hotels in an area that lacks amenities, while the overall property market was cooling. Six bids were received when the call for tender closed on Friday, from Sun Hung Kai Properties, CK Asset Holdings, Great Eagle Holdings, K&K Property, Sino Land and the Far East Consortium, according to agents and valuers familiar with the submissions. The oceanfront plot, located near…

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Vietnam 

Hòa Bình tangerine variety granted collective trademark – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Tân Lạc District will promote the brand of its tangerines, a special local fruit. — Photo daibieunhandan.vn Viet Nam News HÒA BÌNH — A tangerine variety grown in Nam Sơn Commune, Tân Lạc District in the northwestern province of Hòa Bình has been granted a collective trademark. A ceremony to receive the title was held in the commune on Monday. The district has recorded positive economic growth over the years, with agricultural production accounting for 33.7 per cent. The district has worked to bolster spearhead products by…

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