Wharf Real Estate Investment Co Ltd
01997: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @Bk | LOCK|<BK@j | LOCK|vpR&%<f |
Wharf REIC: Retail Sales Stabilize In Line With Expectations; Shares Remain Undervalued
The Census and Statistics Department of Hong Kong reported a 2.4% year-on-year increase in May retail sales, marking the first growth after 14 consecutive months of decline. As a result, the year-on-year decline for the first five months of 2025 narrowed to 4%.
