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Examples
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Blue-chip property stocks such as Sun Hung Kai Properties and Henderson Land are down almost 60% from their 52-week highs; the slide has accelerated in recent weeks even as local property values have held up.
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Expecting the property market to boom as a result of the reduced interest rates, which will lead to lower mortgage burdens, real estate stocks such as Sun Hung Kai Properties and Cheung Kong Holdings rose about 5% this week.
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Sun Hung Kai Properties , based in Hong Kong, was recently the fund's second-largest holding, after Simon Property Group in the U.S.
Meet the Managers Behind the Top Funds J. Alex Tarquinio 2011
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Courtest of the owner The owner bought the flat, located in The Arch, a residential complex in Tsim Sha Tsui developed by Sun Hung Kai Properties, brand new in 2005 for a tad more than HK$90 million, or about HK$23,900 a square foot.
Home on the Harbour 2011
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Hong Kong's largest developer, Sun Hung Kai Properties, built the ICC on cheaper, reclaimed land on the Kowloon Peninsula, across the harbor from the high-density Central District—but only 10 minutes away by subway.
Skyscraper, Moneymaker Ron Gluckman 2011
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Among major property stocks, Cheung Kong Holdings dropped 1.6% and Sun Hung Kai Properties shed 1.4%.
Debt Fears Strain European Stocks Polya Lesova 2011
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Sun Hung Kai Properties fell 1.7%, and Cheung Kong Holdings declined 0.9%.
Debt Worries Sink European Shares Barbara Kollmeyer 2011
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Courtest of the owner The owner bought the flat, located in The Arch, a residential complex in Tsim Sha Tsui developed by Sun Hung Kai Properties, brand new in 2005 for a tad more than HK$90 million, or about HK$23,900 a square foot.
Home on the Harbour 2011
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Sun Hung Kai Properties was up 2.7%, and Sino Land rose 1.0% ahead of its interim results Friday.
Asia Mostly Down; Dragged by Libya, Wall Street Colin Ng 2011
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Cheung Kong Holdings fell 2.2%, Hang Lung Properties dropped 1.5%, and Sun Hung Kai Properties fell 1%.
Japan Quake Hits European Shares Simon Kennedy 2011
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