Hang Lung Properties Ltd 00101

Morningstar Rating

Hang Lung Properties See Resilient Rental Income From Retail Projects

Business Strategy and Outlook

Hang Lung Properties, or HLP, is a property developer that develops and holds a portfolio of investment properties for rental income in Mainland China and Hong Kong. Beginning in the late 1990s, the company pursued a strategy of pivoting from Hong Kong residential development to Chinese commercial properties. So thorough was the pivot that the company did not make any land acquisitions in Hong Kong for around 20 years, until late 2020.

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