{"id":115406,"date":"2020-04-05T12:00:18","date_gmt":"2020-04-05T05:00:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-buy-us193-5-million-worth-of-own-shares-in-bid-to-support-market-boost-confidence\/"},"modified":"2020-04-05T13:04:05","modified_gmt":"2020-04-05T06:04:05","slug":"hong-kong-developers-buy-us193-5-million-worth-of-own-shares-in-bid-to-support-market-boost-confidence","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-buy-us193-5-million-worth-of-own-shares-in-bid-to-support-market-boost-confidence\/","title":{"rendered":"Hong Kong developers buy US$193.5 million worth of own shares in bid to support market, boost confidence"},"content":{"rendered":"


\nThe slumping equity market has prompted some Hong Kong developers and their majority owners to step in and shore up support for investors, while increasing their stakes at the same time.At least three companies \u2013 New World Development, Wheelock and Co, and a joint venture owned by the father-son duo of Li Ka-shing and Victor Li Tzar-kuoi \u2013 have been actively involved in buying shares on the slide.They swooped in on nearly HK$1.5 billion (US$193.5 million) worth of stock last month after prices\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developers buy US3.5 million worth of own shares in bid to support market, boost confidence<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The slumping equity market has prompted some Hong Kong developers and their majority owners to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-115406","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-u1o","jetpack-related-posts":[{"id":94941,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-buy-back-their-own-shares-to-prop-up-prices-as-business-prospects-dim\/","url_meta":{"origin":115406,"position":0},"title":"Chinese developers buy back their own shares to prop up prices as business prospects dim","date":"July 29, 2018","format":false,"excerpt":"\r Chinese property developers listed in Hong Kong have stepped up buying of their own shares this month as their business prospects dim, but fund managers and analysts remain sceptical that the purchases could translate into a sustained rebound in the Hong Kong market. Eight mainland-based developers spent a total\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33366,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-shares-plunge-after-governments-surprise-cooling-measure\/","url_meta":{"origin":115406,"position":1},"title":"Hong Kong developers\u2019 shares plunge after government\u2019s surprise cooling measure","date":"November 7, 2016","format":false,"excerpt":"\r Hong Kong developers\u2019 share prices plunged on Monday after the government announced the highest stamp duty yet on property transactions in the city. Analysts said the new tightening came as a big surprise and they expect home prices to face severe cooling pressure. Cheung Kong Property Holdings slumped 8.8\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57438,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-use-financial-clout-to-skirt-rules-and-boost-sales\/","url_meta":{"origin":115406,"position":2},"title":"Hong Kong developers use financial clout to skirt rules and boost sales","date":"June 10, 2017","format":false,"excerpt":"\r Cooling measures? What cooling measures?! If there were any, the property markets in Hong Kong and China do not seem to have noticed them. Developers in Hong Kong either have the financial strength not to be bothered by the lending restrictions or have the means to support home buyers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-test-home-market-recovery-by-raising-prices-trimming-discounts\/","url_meta":{"origin":115406,"position":3},"title":"Hong Kong developers test home-market recovery by raising prices, trimming discounts","date":"March 9, 2026","format":false,"excerpt":"\r Developers in Hong Kong are testing the housing market\u2019s recovery by nudging prices up or paring discounts as improving sentiment and a rebound in transactions boost confidence in the city\u2019s property sector. But analysts said the moves remained uneven, with many newly launched projects still offering sizeable concessions as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130740,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-hong-kong-property-stocks-surge-as-investors-and-developers-bank-on-john-lees-policy-tailwinds\/","url_meta":{"origin":115406,"position":4},"title":"Sun Hung Kai, Hong Kong property stocks surge as investors and developers bank on John Lee\u2019s policy tailwinds","date":"October 14, 2022","format":false,"excerpt":"\r Shares of Hong Kong property developers advanced on speculation the city\u2019s Chief Executive John Lee will adopt measures to help shore up home prices in the city.\r \r Source : South China Morning Post\r Read more...Sun Hung Kai, Hong Kong property stocks surge as investors and developers bank on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172262,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-sales-recovery-expected-to-boost-developers-earnings\/","url_meta":{"origin":115406,"position":5},"title":"Hong Kong home sales recovery expected to boost developers\u2019 earnings","date":"July 27, 2026","format":false,"excerpt":"\r Hong Kong property developers are expected to report stronger first-half earnings in the coming weeks, buoyed by a rebound in home sales and improving development margins, as investors look for clues on whether the sector\u2019s recovery is sustainable. Bank of America Global Research expected Hong Kong developers and conglomerates\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115406"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=115406"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115406\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}