Taiwan's real estate industry offers 'panic plays.'
Article Abstract:
Taiwanese investors are buying up shares of real estate developers as the increase in the crime rate has made people afraid of buying property. The prices of real estate shares have gone down due to reluctance of house buyers to invest and speculators are taking advantage of the temporary drop in share prices. Market favorites include Hung Sheng construction, Kee Tai Properties, Hungpoo Real Estate Development and Cathay Construction.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Lujiazui rides crest of interest in Shanghai's development
Article Abstract:
Shanghai Lujiazui Finance and Trade Zone Development Co.'s stock prices have risen in lew of government interest in developing the Pudong region into a commercial center. Until recently, the company has seen its stocks fall due to reduced first half earnings and property glut but government interest in the Shanghai Development Plan which names Pudong as prime land has raised the company's status among investors and traders.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Big names re-enter Asia: Kerry's placement signals new draw to region
Article Abstract:
Kerry Properties' announcement of a share placement with two investment agencies resulted in a 50% increase in the company's stocks. They acquired 100 mil new stocks at HK$4.50, or 58 cents, a share. A number of other second-tier Hong Kong property stocks, including Sino Land and HKR International, have also seen an increase since the agreement was disclosed.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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