Sun Hung Kai Properties Ltd (0016.HK)
22 Feb 2018
Thu, Jan 11 2018
HONG KONG Chinese conglomerate HNA Group is in talks with a leading Hong Kong property developer for a loan to refinance its repayment liabilities linked to a land parcel in the Asian financial hub, people familiar with the matter told Reuters Loan Pricing Corp.
HONG KONG, Oct 30 Hong Kong's largest developer Sun Hung Kai Properties on Monday paid HK$5.06 billion ($649 million), well above market estimates, for a site designated for hotel use.
* Says Sun Hung Kai Properties Ltd's unit, Fedder Limited, wins Hong Kong site for HK$5.06 billion ($648.75 million)
* Total sales this yr projected at HK$41 bln vs HK$52.4 bln last yr
HONG KONG, Sept 14 Sun Hung Kai Properties Ltd , Hong Kong's largest developer by market value, on Thursday posted a full-year underlying profit of HK$25.97 billion ($3.32 billion), in line with estimates, thanks to robust sales in one of the world's most expensive property markets.
* Says it sets sales target at HK$36.0 billion ($4.61 billion) for fiscal 2017-18
* FY profit attributable to co’s shareholders HK$ 41,782 million versus HK$32,666 million