【全球楼市】今日全球楼市速递(2010.05.28)

　　Mainland China

　　1. The Chinese mainland's "green passage" for Hong Kong investors is to be further expanded in order to strengthen cooperation of the 2 sides. The Supplement VII to the Mainland and Hong Kong Closer Economic Partnership Arrangement, representing the 7th expansion since 2004, was signed by John Tsang, financial secretary of the Hong Kong Government, and Vice Minister of Commerce Jiang Zengwei in Hong Kong. The new supplement, which takes effect from 1 Jan next year, will give Hong Kong firms greater and easier access to the mainland market in areas including medical services, technical testing, specialty design, distribution, banking, securities, construction and tourism. It provides 35 new market liberalisation and trade and investment facilitation measures in 19 sectors. For example, Hong Kong medical service providers will be able to establish solely invested hospitals in Shanghai and Chongqing, as well as in Guangdong, Fujian and Hainan provinces under the new supplement. Hong Kong banks which run a representative office on the mainland for more than 1 year can apply to set up branches on the mainland, and those with operational businesses on the mainland for more than 2 years and profitable in the year before they raise the application, can apply for a license for yuan business. China is also considering launching a fund on the mainland which tracks Hong Kong shares to deepen cooperation in financial products and services. There will also be wider access for Hong Kong investment when the investors want to establish tourism, construction or air logistics agencies on the mainland, the new supplement said. (Shanghai Daily).

　　2. BYD Automobile Co – signed an agreement with Daimler AG to form a RMB600m JV to develop electric vehicles in China. The research and technology centre - Shenzhen BYD Daimler New Technology Co - will roll out its 1st electric vehicles in 2013, which will incorporate BYD's experiences in battery technology and e-drive systems as well as Daimler's know-how in electric vehicle architecture and safety. (Shanghai Daily).

　　3. Accor SA – said it is to at least triple its Pullman portfolio in China over the next 3 years to grow with the country's robust travel market. 7 properties under the Pullman brand, designed for business travelers and positioned as affordable 5-star hotels, are currently operating in China while another 14 hotels are in the pipeline, a senior executive with the company said. (Shanghai Daily).

　　4. DOW Corning – and its subsidiary Multibase began operation at a manufacturing base in Zhangjiagang, Jiangsu Province, to tap into increasing demand in China. The plant makes thermoplastic elastomer products (TPE), which have applications in cars, appliances, sporting goods, construction, electrical and electronics and packaging industries among others. (Shanghai Daily).

　　Hong Kong

　　1. Hong Kong's exports rose for a sixth month in April, buoyed by demand from China. Shipments rose 21.7 percent to HK$242.2 billion from a year earlier. (The Standard).