Wharf Real Estate Investment Co Ltd
01997: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ZLt | LOCK|yzNc | LOCK|x@&!Ld |
Wharf REIC: October Sales Figures Reaffirm Retail Stabilization; Shares Remain Undervalued
According to Census and Statistics Department data, Hong Kong October retail sales rose 6.9% year on year, narrowing the year-to-October sales decline to 0.2%. Meanwhile, the jewelry, watches and clocks, and valuable gifts category—a proxy for luxury sales—grew 0.3% for the year-to-October period.
