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Why Sun Hung Kai Properties Is A Good Buy
Katchum • Mon, Feb 6, 2012

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China: How Real Estate, Reserve Requirements, Yuan And U.S. Treasuries Interact
Katchum • Tue, Feb 21, 2012 • 21 Comments

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Company Description

Currently, there's no company description for SUHJY.PK.

Sector: Financial

Industry: Real Estate Development

Country: United States

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| On the move

Monday, February 25, 11:52 AM Hong Kong property sales slumped 15% over the weekend (fromt the previous weekend) after a doubling in the sales tax last week. "The government intends to turn away yield-seeking investors from all property markets," says the team at JPMorgan. A gauge of property developers fell for its 7th consecutive session overnight. Comment! [Global & FX]
Friday, May 4, 2012, 1:25 AM Another arrest at Hong Kong's Sun Hung Kai Properties (SUHJY.PK) as non-executive director Walter Kwok Ping-sheung is taken in by the anti-corruption ICAC on suspicions related to an anti-bribery ordinance. Chairmen Ray and Thomas Kwok were arrested in March on similar suspicions. Shares were halted, to resume in HK afternoon trading.
Comment! [Global & FX, Breaking News]
Friday, March 30, 2012, 8:22 AM After being halted from trade Thursday following the arrests of co-chairmen Raymond and Thomas Kwok, Sun Hung Kai Properties plunges 13.1% in Hong Kong last night. The move was telegraphed in the States by yesterday's action on the pink sheets (SUHJY.PK). S&P chimes in, lowering the outlook on the developer's A+ rating to negative. Comment! [Global & FX]
Thursday, March 29, 2012, 4:56 PM The chairmen of Sun Hung Properties (SUHJY.PK -13.1%) - Ray and Thomas Kwok - were arrested on suspicion of corruption last night by Hong Kong's ICAC. Their company is the largest developer by market value in Asia and the family is worth $18.3B. The timing is of interest, coming after the election of a new HK chief executive and amid sentiment against rising house prices and developers. Comment! [Global & FX]

SUHJY.PK Sun Hung Kai Pptys L

SUHJY.PK

Sun Hung Kai Pptys L