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Old April 15th, 2011, 11:49 PM   #541
tesseract
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One has to be really silly not to see this was on hold for months now.
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Old April 18th, 2011, 07:05 PM   #542
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By 大家姐. Still busy with the barracks.
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More than 300 supertall projects on going in China.
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Old April 19th, 2011, 12:55 AM   #543
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Are they building them or removing them?
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Old May 19th, 2011, 06:01 PM   #544
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The small boxes in the front are new, but, and this is probably not good news, the dorms you see on the left of the picture have been removed.

It is a shame to see this one on hold for such a long time. Same for the two plots next to it that stopped at the stage of digging. This part of the CBD feels very empty compared to the west.
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Old June 1st, 2011, 12:09 AM   #545
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http://www.reuters.com/article/2011/...74M22920110523

By Lee Chyen Yee and Donny Kwok

HONG KONG | Mon May 23, 2011 8:17am EDT

(Reuters) - Hong Kong jewelry retailer Chow Tai Fook, controlled by billionaire Cheng Yu-tung, is in the process of selecting banks for its Hong Kong listing, an executive said on Monday, as more global luxury brands seek to raise funds in the Chinese territory.


Hong Kong has drawn a slew of global consumer household names, such as Prada, Samsonite, Coach Inc (COH.N) and L'Occitane International SA (0973.HK), seeking to list and tap the fast-growing greater China market.

"Right now, we are talking to banks. We are still waiting for the banks' proposals," Alan Chan, Chow Tai Fook Jewellery's global branding director, told the Reuters Global Luxury Summit in Hong Kong.

"We only know the process will be long," he said, declining to elaborate further.

On Monday, shares of second-hand handbag retailer Milan Station (1150.HK), which raised $35 million in its IPO, surged by as much as 77 percent versus its IPO price in its trading debut, indicating strong investor demand in luxury goods and related stocks in Hong Kong and China.

In March, local media said banks were aggressively pitching for Chow Tai Fook's IPO, with proposals including a listing to raise funds in yuan and Hong Kong dollars.

IFR, a Thomson Reuters publication, said that the jeweler, which was founded by Cheng's father-in-law Chow Chi Yuen in Guangzhou in 1929, was planning a Hong Kong listing in the second half of 2011 to raise $2 billion to $3 billion.

Chow Tai Fook, which has 1,400 stores mostly in greater China, competes with domestic players, such as Luk Fook Holdings (International) Ltd (0590.HK) and Emperor Watch and Jewelry Ltd (0887.HK), and foreign brands like Tiffany & Co (TIF.N).

"We target to open 200 stores every year, 90 percent of them are in China," Chan said, adding he expected the company's target of opening 2,000 stores by 2020 could be achieved "quite a few years in advance."

"We are planning to open more and more flagship stores (in China with size over 1,000 square meters)," Chan said, adding the company has the biggest flagship store in Beijing, a smaller one in Shanghai, while another one will be opened in Chongqing soon.

Chow Tai Fook, whose name is a combination of its founder's surname and the Chinese words "big fortune," has annual sales of 30 billion yuan from its jewelry business, which focuses mainly on gold, diamonds, jade and platinum.

Chan said the company expected to see its annual sales grow by a third this year, maintaining last year's pace, mainly driven by Chinese demand for precious metals, such as gold, and rising interest in diamond purchases.

"In China its quite interesting. We realize that the gold price keeps going up, but the buying willingness did not fall," he said.

"Gold is one of the favorite items besides the stock market (among investors) because the stock market may not be very good in China and the property market has a kind of policy risk."

(Reporting by Lee Chyen Yee, Donny Kwok and Alison Leung; Editing by Chris Lewis and Hans Peters)
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Old June 1st, 2011, 02:44 AM   #546
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Interesting article. I'm glad to hear they are financially sound. Maybe they are just waiting for demand to pick up in GZ.
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Old July 3rd, 2011, 08:01 PM   #547
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By 大家姐


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Old July 3rd, 2011, 10:40 PM   #548
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still nothing happening though
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Old July 4th, 2011, 02:39 AM   #549
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super sad
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Old July 4th, 2011, 08:14 PM   #550
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Does someone knows what that small box is supposed to be? The cladding is nice it must have a special function.
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Old July 5th, 2011, 03:06 AM   #551
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Quote:
Originally Posted by Shiruba View Post
Does someone knows what that small box is supposed to be? The cladding is nice it must have a special function.
Are you talking about this?


It's a sample section of cladding for the tower which is tested to make sure it is weatherproof.
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Old July 5th, 2011, 08:38 AM   #552
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thanks for the explanation.

Well the cladding looks really great then. I think though that the brown colour is not the one that we will be seen on the tower later on.
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Old July 5th, 2011, 02:01 PM   #553
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the brown color and the cladding style reminds me of how i would imagine the 600m+ tower in shenzhen
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Old July 13th, 2011, 07:12 AM   #554
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Quote:
Maybe they just realized the city doesn't need the office space.
I wonder if with the new train going from Futian Station in Shenzhen to Guangzhou East, we might start seeing more Shenzhen companies relocate to Guangzhou.

Shenzhen has a crazy potpourri of private developers, but Shenzhen obviously has no where near the clout with the Central Government (and, by extension, the money faucet that is the Chinese Banking System) that Guangzhou does. If there's some sort of correction in the rental market at least, it might make a whole lot of sense for a Shenzhen company to run out of Guangzhou. I mean, now that the trip from Shenzhen to Guangzhou will take a mere 35 minutes (quicker than Luohu --> Shekou/Nanshan), commuting will definitely become possible.
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Old July 20th, 2011, 06:38 PM   #555
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new renderings and photos from KPF.com

These images don't have URLs, how do I post them?

http://www.kpf.com/project.asp?T=14&ID=258
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Old July 20th, 2011, 07:10 PM   #556
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Nice find!

















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Old July 20th, 2011, 07:14 PM   #557
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del, scalziand you bit me to it
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Old July 21st, 2011, 02:14 AM   #558
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Very sharp! Makes me not miss the old plan for a twin of the West tower.
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Old July 21st, 2011, 06:45 AM   #559
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i love the design, but i think it would have looked better with twin towers
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Old July 21st, 2011, 12:40 PM   #560
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renders are nice, but i want finally proof that this one is starting again
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