Browsing: Hong Kong

Tysan share price surges 44pc in Q3

Foundation contractor bests HSI blue chips Construction stocks are often overlooked, in Hong Kong at least, given the unsexy image of construction in the eyes of investors who prefer more exciting fare such as telecoms, banks


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The (market) price is right

The market sets property prices not construction costs The seemingly relentless climb in construction costs since 2010 has been a topic of much discussion for contractors and their employers, the property developers and government alike. Recently


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It’s about time! Work finally starts at cultural centre project

Ground-breaking for first facility Xiqu Centre at West Kowloon Work has finally started on the first facility for the government’s showcase project, the West Kowloon Cultural District, fifteen years after it was first mooted. The West


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CEDD inviting consultants for underground space study

Study expected to take 2 years and yield 10 sites Danny Chung The government is pushing ahead with proposals for greater adoption of underground cavern development by inviting consultants to undertake a study of underground space


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Construction output up 12.3pc in Q2

Total value for 2013 could top $172b Construction output for 2013 is likely to be heading for another record breaking year as the construction industry continues to work at high gear. Statistics released last Thursday by


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Hong Kong most expensive place for construction

Macau ranked fifth in top ten list Hong Kong is the most expensive place in the world for construction work, providing further confirmation for what many people, especially developers, have been suspecting and experiencing for some


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Watch it on labour imports, says union official

Labour Advisory Board to subject applications to greater scrutiny Contractors should not have any illusions about importing labour in order to maintain progress, especially on those projects where strikes have occurred, a union worker has warned.


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Town planning green light for Shangri-La hotel at Hung Hom

Danny Chung:   Plans by hotel operator Shangri-La Asia (0069) for a luxury hotel on a prime Hung Hom site took a step closer to fruition after town planners gave the green light to the project.


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Sun Hung Kai North Point project caught on the wrong foot

  Danny Chung Leading developer Sun Hung Kai Properties (0016) has been caught wrong-footed after a decision on its planning application for a prime site in North Point was deferred by the Town Planning Board last


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West Kowloon Cultural District project financial black hole, public subsidies likely

Danny Chung:   The government has warned the public to steel themselves for additional cash subsidies for its troubled West Kowloon Cultural District project amid concerns the project would be a financial black hole. Answering questions


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