Company Overview and News

Stop missing out on important events!

Fintel provides real time notifications of important company events such as major investments (13D/G filings), insider trades (SEC form 4), and important SEC filings. Sign up and create your company alerts for free.

Headline News

Flash - Vestas misses start of Volvo leg six - France 24

2018-02-07 france24
The round-the-world Volvo Ocean Race will resume without Vestas 11th Hour Racing when the sixth leg from Hong Kong to Auckland begins Wednesday.

Micro flats go on sale at The Astro in Hong Kong’s Cheung Sha Wan to strong demand

2018-01-28 scmp
Buyers flocked to four new residential developments in Hong Kong on Saturday as micro flats went on sale to strong demand in Cheung Sha Wan.

HNA will go it alone to build at the former Kai Tak airport, denies joint project with Sun Hung Kai

2018-01-25 scmp
HNA Group, the Chinese conglomerate that muscled its way into Hong Kong’s real estate market in 2016 and 2017, said it will go it alone in building on the former Kai Tak airport site, for which it paid a record HK$27.2 billion (US$3.48 billion).

Tide of money drowns out HK property warning by central banker

2018-01-19 themalaymailonline
Buyers and property agents line up for developer Sun Hung Kai's property sales in Hong Kong January 13, 2018. — Reuters picHONG KONG, Jan 19 — Why are official warnings of the threat that rising interest rates pose to Hong Kong’s red-hot housing market falling on deaf ears? (4-0)

Crowds jostle for Hong Kong flats, no end in sight to housing boom

2018-01-13 themalaymailonline
Buyers and property agents line up for developer Sun Hung Kai's property sales in Hong Kong January 13, 2018. — Reuters picHONG KONG, Jan 13 — Hong Kong’s red-hot property market kicked off 2018 with hundreds queuing to buy flats in the first major property launch of the year today, backing expectations strong demand will further lift record prices by 5 to 20 per cent over the year. The Asian financial hub has one of the most expensive housing markets in the world, with private home prices shattering historic records for 13 months in a row and rising almost 200 per cent since 2008.

Hong Kong’s politics deter options to alter land sales policy, cut property prices

2017-12-23 scmp
Hong Kong’s government is on track to post a record haul from selling land to housing and commercial developers in its fiscal year ending March 2018, bolstered by ever-rising prices in the world’s most expensive urban centre.

PPDAI Group's (PPDF) CEO Jun Zhang on Q3 2017 Results - Earnings Call Transcript

2017-12-13 seekingalpha
Hello, ladies and gentlemen, thank you for standing by for the Third Quarter 2017 Earnings Conference Call for PPDAI Group Inc., also known as Paipaidai. At this time, all participants are in listen-only mode. After management’s prepared remarks, there will be a question-and-answer session. Today’s conference call is being recorded.

You have to pay nearly $1 million just to view these apartments

2017-11-17 money.cnn
Real estate agents in the city are asking potential buyers to stump up 7 million Hong Kong dollars ($900,000) to view a new batch of luxury condos, the latest example of the dizzying rise in prices in the world's most expensive property market.

Price of waterfront land in Hong Kong’s Cheung Sha Wan could reach record as 11 firms bid

2017-11-10 scmp
After the price of an adjacent plot beats expectations, some analysts see the possibility of a fresh high in a city already among the world’s costliest to buy a home

MTR seeks bids for land as Hong Kong property developers ready for November sales

2017-10-27 scmp
The subway operator is inviting tenders for land at Wong Chuk Hang, while Sun Hung Kai and others eye high prices for a series of residential flat sales in the coming month

Sun Hung Kai to offer 90pc mortgages for high income groups at Lohas Park project

2017-09-20 scmp
In what’s believed to be an industry first, Sun Hung Kai Properties will offer aggressive mortgage financing targeting urban professionals (0-1)

Sun Hung Kai next to get behind Hong Kong’s new subsidised starter homes scheme

2017-09-14 scmp
The developer said it has identified sites for affordable flats after announcing core earnings up 7.4 per cent thanks to strong property sales

CBRE (CBG) & Kahua Ink Deal to Jointly Develop Application

2017-08-17 zacks
CBRE Group, Inc (CBG - Free Report) announced that it has entered into a deal with Kahua to use its Application Platform-as-a-Service network. In line with this global agreement, both the companies will jointly work on Kahua’s application technology. This project will cater to the specific needs of the different segments of the project management supply chain. Moreover, CBRE will have executive representation on Kahua’s board of directors and has made equity investment in Kahua.

New World win third business site in Cheung Sha Wan within six months, this time or for HK$2.97b

2017-08-17 scmp
Other bidders included Sino Land, Sun Hung Kai, Cheung Kong Property, and Wheelock, but bidding overall was dominated by Hong Kong developers

Wheelock’s first half net profit up 10.26pc on rising rental income

2017-08-14 scmp
Hong Kong property and logistics conglomerate Wheelock and Co reported a 10.26 per cent rise in first half net profit to HK$6.24 billion (US$798 million) due to rising rental contribution at subsidiary Wharf Holdings.