{"id":33366,"date":"2016-11-07T17:53:02","date_gmt":"2016-11-07T10:53:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-shares-plunge-after-governments-surprise-cooling-measure\/"},"modified":"2016-11-07T18:06:56","modified_gmt":"2016-11-07T11:06:56","slug":"hong-kong-developers-shares-plunge-after-governments-surprise-cooling-measure","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-shares-plunge-after-governments-surprise-cooling-measure\/","title":{"rendered":"Hong Kong developers\u2019 shares plunge after government\u2019s surprise cooling measure"},"content":{"rendered":"


\nHong Kong developers\u2019 share prices plunged on Monday after the government announced the highest stamp duty yet on property transactions in the city.
\nAnalysts said the new tightening came as a big surprise and they expect home prices to face severe cooling pressure.
\nCheung Kong Property Holdings slumped 8.8 per cent, Sun Hung Kai Properties fell 9.8 per cent, New World Development dropped 9.3 per cent while Henderson Land declined by 5.9 per cent at the close of trading on Monday. The city…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developers\u2019 shares plunge after government\u2019s surprise cooling measure<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong developers\u2019 share prices plunged on Monday after the government announced the highest stamp...<\/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-33366","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\/p75ss1-8Ga","jetpack-related-posts":[{"id":96119,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-cuts-new-flat-prices-again-as-hong-kong-developers-face-headwinds\/","url_meta":{"origin":33366,"position":0},"title":"Sun Hung Kai cuts new flat prices again as Hong Kong developers face headwinds","date":"August 16, 2018","format":false,"excerpt":"\r Sun Hung Kai, Hong Kong\u2019s biggest property developer, has cut the prices of homes at one of its projects by as much as 10 per cent, the second time in less than a month it has taken such action in the latest sign that the property market may be\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105215,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-henderson-land-k-wah-international-report-small-increases-in-profit-are-optimistic-about-2019\/","url_meta":{"origin":33366,"position":1},"title":"Hong Kong developers Henderson Land, K Wah International report small increases in profit, are optimistic about 2019","date":"March 21, 2019","format":false,"excerpt":"\r Hong Kong property developer Henderson Land Development, chaired by tycoon Lee Shau-kee, said on Wednesday profit attributable to its owners inched up by 1 per cent last year, while that of K Wah International, chaired by billionaire Lui Che-woo, rose by 3.6 per cent, in a reflection of Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81278,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/signs-of-cooling-hong-kong-home-prices-ease-in-january\/","url_meta":{"origin":33366,"position":2},"title":"Signs of cooling? Hong Kong home prices ease in January","date":"February 28, 2018","format":false,"excerpt":"\r Hong Kong\u2019s secondary home prices eased in January and comes at a time when close to 32,000 new flats are expected to be available for pre-sale this year. The home price index increased 1.27 per cent to 357.5, according to data released by the Rating and Valuation Department on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59348,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-price-gain-ease-as-rising-stamp-duty-and-mortgage-lending-tightening\/","url_meta":{"origin":33366,"position":3},"title":"Hong Kong home price gain ease as rising stamp duty and mortgage lending tightening","date":"June 30, 2017","format":false,"excerpt":"\r Hong Kong\u2019s residential prices rose at the slowest monthly pace in four months in May, as the government\u2019s market-cooling stamp duty and the prospect of higher interest rates finally began to show their effects. May\u2019s home prices rose 1.15 per cent, slowing from April\u2019s increase of 2.55 per cent,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172184,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-ready-new-home-launches-amid-forecasts-of-muted-price-increases\/","url_meta":{"origin":33366,"position":4},"title":"Hong Kong developers ready new home launches amid forecasts of muted price increases","date":"July 13, 2026","format":false,"excerpt":"\r Some of Hong Kong\u2019s largest developers, including Sun Hung Kai Properties (SHKP) and Wheelock Properties, are set to release new units in residential projects this month amid an expected cooling of price increases. SHKP, the city\u2019s largest developer in terms of market capitalisation, released the price list for 120\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109286,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-unlikely-to-increase-prices-of-new-flats-as-they-try-to-offload-8500-unsold-units-centaline-says\/","url_meta":{"origin":33366,"position":5},"title":"Hong Kong developers unlikely to increase prices of new flats as they try to offload 8,500 unsold units, Centaline says","date":"July 24, 2019","format":false,"excerpt":"\r Hong Kong builders will probably leave their prices virtually unchanged in the second half of the year, having accumulated close to 8,500 unsold units since 2016, according to Centaline Property Agency.The developers may be keener than they have been in the past to offload the stock because of the\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\/33366"}],"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=33366"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/33366\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=33366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=33366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=33366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}