CHEUNG KONG (00001.HK) News & Disclosure
CHEUNG KONG (00001.HK)'s management expressed that the BSD and DSD has sharply impacted the local property stock market, as the property price has fallen 5-15% when comparing last 2012, while the transaction volume lost 30-40%. Deutsche noted in a research report that CHEUNG KONG (00001.HK) has almost sold all the inventory before the implementation of Residential Properties (First-hand Sales) Ordinance, which makes the Group in a favorable position. As developers need time to adjust the strategy in face of the new ordinance, the research house expects more new supply in the second half of the...
- 21/05 15:26
- Colliers Int'l expects luxury home price to face correction, small residential leasing demand to surge
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