Hang Lung Properties Limited
0.78
EUR
-0.04
(-4.70%)
ISIN
HK0101000591
Return %
Stock
S&P 500
1Y
-10.44
14.20
3Y
-35.60
81.12
5Y
- -
68.34
Capital Structure
HKD
•
in mil. unless spec.Working Capital
HKD
•
in mil. unless spec.Growth Rates
HKD
•
in mil. unless spec.Semi-annual Revenue
HKD
•
in mil. unless spec.Semi-annual Earnings Per Share
HKD
•
in mil. unless spec.Semi-annual Dividends Per Share
HKD
•
in mil. unless spec.Company Description
- CEO
- Tak Lun Tsoi
- Full Time Employees
- 4,526
- Sector
- Finance
- Industry
- Real estate development
- Address
- Standard Chartered Bank Building Hong Kong Hong Kong
- IPO Date
- Jan 2, 1980
- Website
- hanglung.com
- Similar Companies
- Business
- Hang Lung Properties Limited (SEHK: 0101), the property investment arm of Hang Lung Group Limited (SEHK: 00010), engages in property investment, development, leasing, sales and management primarily in Hong Kong and mainland China; its portfolio encompasses premium shopping malls including Plaza 66 and Grand Gateway 66 in Shanghai, Forum 66 and Palace 66 in Shenyang, Center 66 in Wuxi, Olympia 66 in Dalian, Spring City 66 in Kunming, Heartland 66 in Wuhan, Parc 66 in Jinan and Riverside 66 in Tianjin; high-grade office towers integrated within these complexes; luxury hotels such as the recently opened Grand Hyatt Kunming and upcoming Curio Collection by Hilton in Wuxi, Mandarin Oriental Hangzhou and Kimpton Xujiahui Shanghai; residential developments like The Aperture, Heartland Residences and Grand Hyatt Residences Kunming; as well as Hong Kong assets comprising retail properties such as Kornhill Plaza and Amoy Plaza, offices including Standard Chartered Bank Building and Grand Centre, and serviced apartments including The Summit and Burnside Villa; operations span nine cities in mainland China and key districts in Hong Kong, targeting luxury retail tenants, premium office occupiers, high-end hotel guests and affluent residential buyers. Incorporated in 1949 and headquartered at 28th Floor, Standard Chartered Bank Building, 4 Des Voeux Road Central, Hong Kong, the company maintains a diversified revenue stream from property leasing (malls, offices, hotels), property sales and ancillary services including project management, car park operations and financial services. Recent developments include the April 2024 completion and planned third-quarter opening of Grand Hyatt Kunming with 331 rooms alongside 254-unit Grand Hyatt Residences; topping-out of 573-unit Center Residences and 105-room Curio Collection by Hilton in Wuxi in December 2023 with phased completions from 2025; ongoing construction of Westlake 66 in Hangzhou featuring five Grade A office towers, retail podium and 190-room Mandarin Oriental hotel targeted for phased openings from late 2025 to 2026; recognition of HK$1.2 billion in property sales revenue in first-half 2024 from 114 units at The Aperture and select units at Heartland Residences Wuhan and Blue Pool Road Hong Kong; signing of HK$10 billion five-year syndicated loan facilities in January 2025 with over 10 international, Chinese and local banks to refinance debt and support business development; appointment of Holly T.F. Li as independent non-executive director in March 2024 bringing retail expertise; expansion of sustainability initiatives including second-year partnership with LVMH and Changemakers program covering 16 tenants across 14 properties in seven cities; and approval for a 3,000 sq m retail addition at Plaza 66 Shanghai slated for 2026 completion.
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