Hongkong Land Holdings Ltd
H78: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|ct | LOCK|z&nmC | LOCK|t@#qy# |
Hongkong Land: Operating Trends in Line; Mainland China Residential Sector Worsens
Hongkong Land's third-quarter underlying profit declined by 13% year on year. Performance was weighed down by lower contributions from the Hong Kong office portfolio and preopening expenses related to new investment properties in Mainland China.
