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Citigroup Reiterated the buy Rating of Franshion (00817-HK) Shares with Target Price?to HK$5.89?: From: Finet Hong Kong News Center Citigroup published a research report and reiterated the buy rating of Franshion Properties. The target price has been adjusted from 5.39 to 5.89 HK dollars (a 9.3% increase) to reflect the benefit of JinMao Group. According to the report, ...

Franshion to buy Jin Mao for 11b yuan: From: South China Morning Post Franshion Properties (China) says it has agreed to buy Jin Mao, which holds Jinmao Tower and some hotels on the mainland, for 11 billion yuan (HK$12.37 billion) in cash and shares. The developer says it will buy from Sinochem Hong Kong the entire ...

Franshion Properties (00817-HK) Bought JinMao Group for 12.4 Billion HK Dollars: From: Finet Hong Kong News Center Franshion Properties declared to acquire all equity income of JinMao Group from Sinochem Corporation and other persons for a total of RMB 11 billion (about 12.38 billion HK dollars), in which about RMB 7.402 billion will be paid by issuing 2.159 ...

Deutsche Bank Raises Franshion Properties Rating to Buy: From: China Securities Journal Deutsche Bank adjusted the rating of Franshion Properties (0817.HK), the stock of a Chinese funded property developer, from hold to buy and adjusted the target price from HKD 3.45 to HKD 3.60. Deutsche Bank held that the commercial property market ...

Chinese land prices to slide further: From Financial TimeFinancial Time Land prices in China will slide further this year as measures by Beijing to tighten lending squeeze property developers, the chairman of one of the biggest commercial property developers said on Monday. Pan Shiyi, chairman of Soho China, said ...

Shanghai to increase supply of office space: Shanghai's government has said it will expand the supply of new commercial space in the city by three million square metres over the next five years to meet growing demand from multinational corporations. The new supply, according to the Shanghai State-Owned Asset Supervision and ...

Shanghai s real estate sector in doldrums: From China Daily (HK Edition) Investment expected to slow as a result of policy uncertainties Investment in Shanghai s real estate market is expected to grow less rapidly and become more vulnerable to policy uncertainties in 2008, according to several large real estate service ...

Shanghai lawmakers will supervise land sales: From China Daily (HK Edition) SHANGHAI: The standing committee of the Shanghai municipal people s congress will place land sales under its direct supervision from this year, following a slew of high-profile corruption cases in the city over the past two years. In its 2008 action ...

HK agencies see potential in mainland amid gloom: It was the worst of times and the best of times for Hong Kong property agencies after the mainland government introduced measures aimed at cooling the overheated property market. For property agencies in Beijing, Guangzhou and Shanghai, it was the worst of times as a dramatic ...

Buying Into China s Land Rush: Americans, Others Acquire Luxury Homes Despite Restrictions Beijing -- Once known for drab, government-controlled housing and ancient courtyard homes, China has become a land of multimillion-dollar apartments and soaring property values. And foreigners are trying to get in on the ...

Signing of Framework Agreements between Franshion Properties Shanghai International Shipping Service Center Project and ICBC and Ping An Insurance on a RMB4.5 Billion Syndicated Credit Limit and RMB6: (Hong Kong, 22 May 2009) Today, Shanghai International Shipping Service Center Project ( Shanghai Shipping Center ) of Franshion Properties (China) Limited ( Franshion Properties or the Company , Stock Code: 00817) signed framework agreements with Industrial and Commercial Bank ...

Franshion Properties successfully launched the trust wealth management financing business: On June 15, 2009, Franshion Properties received the Notice on the Credit Assignment and the Notice on the Adjustment of Interest from FOTIC. The creditor of Franshion Properties was changed from SINOCHEM FINANCE CO., LTD to FOTIC and the loan interest was adjusted from 10% ...

Franshion Properties honored 3 awards in International ARC Awards 2009: August 4, 2009,the Company s 2008 Annual Report achieved outstanding success in the International ARC Awards 2009. The Annual Report was awarded a Gold Award at the Interior Design Hotel & Leisure, a Silver Award for Overall Annual Report Real Estate Development/ Service ...

Franshion Properties Included in the MSCI China Index: August 13, MSCI Barra announced that Franshion Properties (China) Limited ( Franshion Properties or the Company ) (Stock Code: 817) has been added by MSCI Barra as a constituent of MSCI China Index, effective from the close of business of August 31, 2009. MSCI China Indices ...

Franshion Properties (China) Limited Announces 2009 Interim Results: Revenue Increased by 45% to HK$2.549 billion Property Sales and Pre-sales Reported Excellent Performance Three Business Segments in Well Balanced Complementation Financial Highlights (Unaudited) For the six months ended 30 June 2009 For the six months ended 30 June 2008 Change HK...

Franshion Properties was named one of the The Asset China s Most Promising Companies 2009 (Property & Real Estate): Franshion Properties (China) Limited ( Franshion Properties or the Company , Stock Code: 817) announced that the Company ranked the second in the Property & Real Estate industry group in the The Asset China s Most Promising Companies 2009 . The award signifies the Company s ...

Franshion Properties (China) Limited Announces 2009 Annual Results: Revenue increased by 62% to HK$6.321 billion Property sales surged by 153% Continuous recovery of China s economy turning into a powerful driving force for the revival of the high-end office leasing and hotel markets Financial Highlights 2009 2008 Change (Restated) HK$ Million HK...

Franshion Properties (China) Limited Announces 2010 Interim Results: Profit Attributable to Shareholders and Revenue Surged by 140% and 61% Respectively Active Seizing of Market Opportunities Balanced Development of Three Business Segments Financial Highlight in 1H2010 (unaudited) For the six months ended 30 June (HK$ million) 1H2010 1H2009 Change ...

Franshion Properties (China) Limited Announces 2010 Annual Results: Profit attributable to shareholders surges 46% to HK$ 1,713.6 million To maintain high-end positioning with strategy of property sales and holdings Financial Highlights 2010 2009 Change (HK$ million) (HK$ million) Revenue 6,348.0 6,320.9 0.4% Gross profit 3,302.9 3,299.2 0.1% ...

[Sing Tao Daily] The sales amount of Evergrande ranked top in the country in last quarter: Source:Sing Tao Daily] Mr. Long Shengping, director of China Real Estate Appraisal Center, announced in Beijing yesterday that according to the ranking list of sales in the third quarter, the sales area of the third quarter of Evergrande, which is going to be listed in Hong Kong ...

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