mainland retailing ripe for the picking
Article Abstract:
Pacific Century Regional Development said the mainland's retailing market is growing and it is not difficult to enter. However, investors should bear some points in mind: 1) Foreign investors should do research on their own before entering the mainland's retailing market. 2) Foreign investors should have a long-term viewing. 3) Purchasing power is rising, such as the sales of TV sets and conditioners in Beijing increased by 100% and 300% respectively in the first quarter of 1998. *
Comment:
Says the mainland's retailing market is growing and it is not difficult to enter
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
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wanchai overhaul planned
Article Abstract:
The Town Planning Board has proposed redevelopment scheme of Wanchai's southern part. The covering area is bounded by Amoy Street, Queen's Rod East, Tai Yuen Street, Cross Street Spring Garden Lane and Johnston Road of totally about 0.93 ha. The Land Development Corp. will be in charge of the project by providing an integrated development for commercial and residential use with public open space and better community facilities after approved by the Town Planning Board. *
Comment:
Will be in charge of project for proposed redevelopment of Wanchai's southern part
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
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Developer sets its sights on north Beijing
Article Abstract:
Beijing North Star Co. (BNS) is adjusting its investment portfolio and will concentrate on developing properties with high-return potential. It will also actively participate in the development of central urban areas in Beijing. Its chairman Sha Wan-quan said property development would account for 38% of its total investment portfolio in 1998, up 28% from 1996. The company posted a net profit of 370.4 mn yuan in 1997, up 35.6% from 1996. *
Comment:
Posts a net profit of Y370.4 mil n 1997, up by 35.6% from 1996
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
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