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25.10.26 - 07:06
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What′s next for Hong Kong developers in mainland China? (SCMP)
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Hong Kong's major property developers are shifting investment in mainland China from residential projects to commercial assets, including hospitality, as weak home sales and fewer attractive investment opportunities prompt them to focus on existing properties, recurring income and debt reduction.
“In recent years, after we recycled the capital from our projects, we haven't really found many good opportunities on the mainland,” Stephen Ng, chairman and managing director of Wharf Holdings, said at......
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25.08.26 - 05:15
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Research: Citi Ratings, TPs on HK Developers and REITs (Table) (AAStocks)
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Citi's research report listed its investment ratings and target prices on Hong Kong property developers and REITs as follows:Stock | Investment Rating | TP (HKD)WHARF HOLDINGS (00004.HK) | Sell | HKD19.6HENDERSON LAND (00012.HK) | Buy | HKD34.6HYSAN DEV (00014.HK) | Sell | HKD15.69SHK PPT (00016.HK) | Buy | HKD168NEW WORLD D......
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11.08.26 - 12:30
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Wharf firms up balance sheet as Hong Kong home sales cushion profit slump (SCMP)
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Hong Kong developer Wharf (Holdings) is increasingly relying on Hong Kong's luxury-home market to offset weakness in mainland China, while paring investments and building up cash as it navigates an uncertain outlook.
Revenue from Wharf's Hong Kong development properties nearly tripled to HK$1.35 billion (US$172 million) from HK$475 million in the first half, with operating profit rising more than fivefold to HK$166 million, according to its interim results announced on Tuesday. That helped......
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14.07.26 - 03:45
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Star Ferry Applies to Govt for 30% Fare Hike (AAStocks)
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Star Ferry, a member of WHARF HOLDINGS (00004.HK), has applied to the government for a 30% fare increase, with each trip rising by HKD0.8 to HKD2. Among the proposed adjustments, weekday upper deck fares for the Tsim Sha Tsui-Central and Wan Chai routes will hike from HKD5 to HKD6.5, while weekend and holiday upper deck fares wi......
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13.03.26 - 03:45
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Research: BofAS Adds WHARF HOLDINGS TP to $29, Rating Neutral (AAStocks)
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BofA Securities issued a research report expecting that WHARF HOLDINGS (00004.HK) will see a rise in luxury property profits this year, supported by several new projects including the Lung Cheung Road project, 1 Plantation Road and Chengdu IFS serviced apartments. More new projects are set to launch in the next 2-3 years. The br......
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