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According to www.guandian.cn, Suzhou conducted the 8th batch of land offering today (29th). A total of 6 residential sites were put up for sale, with a total starting price of RMB6.824 billion and a total area of about 286,200 square meters, including Wuzhong District, Xiangcheng District and the Industrial Park District. No cei...
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China is planning to issuance an extra RMB1 trillion worth of sovereign debts this quarter to aid post-disaster rebuilding works.Cement and building materials stocks in Hong Kong outshined. In particular, SHANSHUI CEMENT (00691.HK) leapfrogged 12% to $0.66. CONCH CEMENT (00914.HK) and CNBM (03323.HK) snapped their consecutive de...
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BBMG (02009.HK) announced that it held a strategic cooperation agreement signing ceremony with Huawei in Shenzhen on Monday (11th). Building upon their previous successful cooperation, both parties will further promote the integration, complementarity, synergy, and sharing of their respective strengths, as well as deepen coopera...
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Hong Kong stocks rallied today, led by Chinese real estate stocks. HSI opened 24 points lower and once fell 164 points to 19,087 in the early part of the day. In the afternoon, the market was speculating China to lower the required reserve ratio, which led to a boost in mainland property stocks, in turn dragging up the HSI. The ...
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The HSI concluded the midday at 19,177, down 74 pts or 0.4%. The HSCEI sank 48 pts or 0.7% to 6,492. The HSTECH fell 50 pts or 1.3% to 3,870. The half-day turnover aggregated $44.06 billion. COUNTRY GARDEN (02007.HK) drifted 5.1% higher to $1.65 as it reportedly expected to see renewal in most of its syndicated loans due in July...
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