Hints and tips:
...The planned equity issue is easily the biggest in Japan’s property and construction market, topping the Y144bn raised last year by Daiwa House, an Osaka-based developer....
...A Hong Kong businessman opened the Taipei branch of Sotheby’s Realty earlier this year in what YC Lam, the branch’s deputy director, describes as “a China play”....
...Prior to joining the research department in September 1996, Mr Petrik served as manager of the firm’s direct investment group and as director of Legg Mason Realty Capital....
...Construction companies also advanced, GS Engineering & Construction climbing 3 per cent to Won82,900 and Daewoo Engineering & Construction jumping 6.8 per cent to Won11,000....
...China Construction Bank fell 2.1 per cent to HK$6.56 and Bank of China lost 1.4 per cent to HK$4.10 ....
...Construction Bank of China gained 1.1 per cent to HK$4.79, while Industrial & Commercial Bank of China gained 3 per cent to HK$4.49....
...Elsewhere in the sector, Air China rose 5.6 per cent to HK$4.50 and Cathay Pacific 6.3 per cent to HK$15.64....
...Asia-Pacific shares fell on Tuesday to end a six-day rally....
...Sumitomo Realty & Development shed 4.9 per cent to Y1,660....
...Blue-chip exporters such as Sony and Toyota rose Friday, as did property stocks after Sumitomo Realty & Development, Japan’s third-largest real estate company, said quarterly operating profit jumped 50 per...
...China Construction Bank advanced 6.3 per cent to HK$8.81 after stronger-than-expected third-quarter earnings provoked a spate of broker upgrades....
...Komatsu, the construction equipment maker that is heavily reliant on overseas sales, sank 4.1 per cent to Y2,475....
...Sumitomo Realty & Development, the third largest, increased 4.2 per cent to Y3,990....
...But even these gains looked puny compared with a 10.2 per cent rise in Sumitomo Realty & Development to Y2,645, and an 11.9 per cent gain in NTT Urban Development to Y938,000....
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