Hang Lung Properties Ltd

00101: XHKG (HKG)

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Hang Lung Properties: Resilient Retail Sales Growth at Its Mainland China Malls

Jeff Zhang

Oct 20, 2026

We attended Hang Lung Properties' roadshow in Shanghai and Hangzhou. The firm's retail sales in mainland China grew 3% year on year in third-quarter 2026, as robust nonluxury spending offset weakness in luxury categories. The newly opened Westlake 66 in Hangzhou achieved 98% committed occupancy.

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Hang Lung Properties Ltd

Hang Lung Properties: Resilient Retail Sales Growth at Its Mainland China Malls

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