Latest News:  
Beijing   Sunny/Cloudy    2 / -8   City Forecast

People's Daily Online>>China Business

Hong Kong's sale-purchase deals down 6.4 pct in Dec.


08:49, January 05, 2012

HONG KONG, Jan. 4 (Xinhua) -- The number of sale and purchase agreements for all building units received for registration in December was recorded 5,597, down 6.4 percent from that of November, said the Hong Kong government on Wednesday.

The number of last month decreased by 52.5 percent on a year-on- year basis, according to figures released by the Land Registry in the day.

The 12-month moving average for December was 9,068, which was 5.4 percent below the 12-month moving average for November and 33.1 percent below that for December last year, said the department.

The total consideration for sale and purchase agreements in the month was 32.6 billion HK dollars (4.2 billion U.S. dollars), down 24.4 percent from that of November, or a 38.9 percent year-on-year decline.

Among the sale and purchase agreements, 4,301 were for residential units, down 10.3 percent from November, said the department.

The total consideration for sale and purchase agreements in terms of residential units was 25.7 billion HK dollars. (1 U.S. dollar is equivalent to 7.77 HK dollars)


Leave your comment0 comments

  1. Name


Selections for you

  1. Yang Mi releases debut album "Close to Me"

  2. Smiles as kids head home for holidays

  3. Sales boom in gold jewelry market

  4. Couple's 25-year garrison on island

Most Popular


  1. It is the China naysayers who are doomed to fail
  2. Common development with neighbors
  3. Japan's case of flawed priority
  4. Move to send 'alarming signal' across Asia
  5. EU's airline carbon tax may backfire
  6. Asian countries refuse to 'take side'
  7. US uses 'hedging strategy' to deal with China's rise
  8. What is behind US 'Return-to-Asia' strategy?
  9. China's GDP growth may slow to 8 pct in 2012
  10. China's economy not to suffer a hard landing

What's happening in China

Stamp for Year of Dragon slated for sales throughout China

  1. Shanghai remains free of bird flu virus
  2. Dog executed by airport after Beijing flight
  3. Court sentences 19 child traffickers to prison
  4. Driver too fast in bus crash that killed 15
  5. Beijing man fed up with prank deliveries

PD Online Data

  1. Traditional Mooncakes
  2. About Mooncakes
  3. History of Mooncakes
  4. Modern Mooncakes
  5. Legends of Mid-Autumn Festival