Hang Lung Properties Ltd
00101: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HKD 44.20 | Ylj | Hlynsywrwv |
Hang Lung Properties: Capital Recycling on a Grand Scale
Business Strategy and Outlook
Hang Lung Properties is unique in the field of real estate companies in Hong Kong. Starting in late 1990s, the company pursued a strategy of fully pivoting from Hong Kong residential development to Chinese commercial assets. So thorough was the pivot that the company has not made any land acquisitions in Hong Kong since 2001.