Core property leasing businesses of Hang Lung Properties and Hang Lung Group demonstrated strong resilience despite the impact of the COVID-19 pandemic, the social unrest in Hong Kong, and Renminbi (RMB) depreciation. It gained prominence in the following decades by developing some of the biggest residential complexes along the Mass Transit Railway. Inside Off Menu, A Three-Day Food Festival By T.Dining Hong Kong Some simple research can reduce the risk of buying Hang Lung Properties for its dividend – read on to learn more. There is far too much social signal, news, headlines, and media speculation about HANG LUNG that is available to investors today. Note that the HANG LUNG GROUP information on this page should be used as a complementary analysis to other HANG LUNG's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. Having established a set of ambitious, long-term sustainability goals and targets for 2030, we aim to become a sustainability leader in the real estate industry over the next ten years and beyond. The campaign covers core projects like Fashion Walk in Causeway Bay, The Peak Galleria, Kornhill Plaza in Quarry Bay, Grand Plaza and Gala Place in Mongkok, and Amoy Plaza in Kowloon Bay. With a judicious focus on commercial real estates and targeting “the best locations in major populated centers”, the Company took its first step into the Mainland in Shanghai in 1992. In addition, in its home market, it was also during the 1990s that the Company took the opportunity to replenish its land bank and to acquire investment properties, thereby rebuilding its portfolio in Hong Kong to position itself better for future expansion. Back to its home market, Hong Kong, Hang Lung has since 2012 carried out a large-scale core asset enhancement campaign under which the Company’s core assets would be significantly enhanced and upgraded. Hang Lung Properties Limited (stock code: 00101), the operating arm of Hang Lung Group Limited (stock code: 00010), is a leading Hong Kong company boasting an extensive real estate portfolio in Hong Kong, as well as building, owning and managing world-class commercial complexes in key cities on the Mainland since the 1990s. We believe the market was satisfied with the growth of the mainland portfolio, along with in-line operating profit and steady dividend. © Copyright 2021 Morningstar, Inc. All rights reserved. In this case, Hang Lung Properties likely looks attractive to investors, given its 4.5% dividend yield and a payment history of over ten years. Get the latest Hang Lung detailed stock quotes, stock trade data, stock price info, and performance analysis, including HLPPY investment advice, charts, stats and more. It was under his visionary leadership that the Company embarked upon its new direction by venturing into the Mainland market. Hang Lung Properties Limited (Hang Lung) is a major property developer with major operations both in China and Hong Kong. Valuation. "Hang Lung's vision is to create compelling spaces that enrich lives. HANG LUNG PROPERTIES LIMITED. The Company's success in Shanghai was the launch pad for its series of pioneering commercial complexes across the Mainland. Mr. Ronnie C. Chan, Chair of Hang Lung Group and Hang Lung Properties, said: “The rental revenue of our Mainland leasing portfolio further expanded to account for approximately 60% of total revenue. Logo and Graphic designed for Hang Lung Properties. The opening of Heartland 66 today marks a new chapter in the lifestyle aspirations of the people of Wuhan . It is a constituent stock of Hong Kong's Hang Seng Index, the Hang Seng SCHK High Dividend Low Volatility Index, the Hang Seng Low Volalitiy Index, the Hang Seng Corporate Sustainability Index, and the Dow Jones Sustainability Asia Pacific Index. By and large, at that point in its evolution Hang Lung was operating almost exclusively within Hong Kong. Hang Lung Group brings a bit of Hong Kong to the mainland. We’d guess that plenty of investors have purchased it for the income. The year 2020 marks a very significant milestone in the rich history of Hang Lung Group as we celebrate our 60 years of establishment. Furthermore, Plaza 66 has established itself as a household name across the nation for its unparalleled host of international retail brands and a reputation as the shopping destination of choice for high-end consumers. Hang Lung Grp exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. As a result of its successful entry into the Mainland, it has clearly outperformed its competitors, to the extent that sophisticated investors recognize Hang Lung Properties as Hong Kong's most resilient company. The Company progressed rapidly to become one of the largest real estate developers in Hong Kong. The shares are currently fairly valued. Its assets are spread mostly across Tier 2 cities; as such, many view the company as a proxy for China’s overall retail performance. Hang Lung Properties Limited (stock code: 00101), the operating arm of Hang Lung Group Limited (stock code: 00010), is a leading Hong Kong company boasting an extensive real estate portfolio in Hong Kong, as well as building, owning and managing world-class commercial complexes in key cities on the Mainland since the 1990s. In addition, in its home market, it was also during the 1990s that the Company took the opportunity to replenish its land bank and to acquire investment properties, thereby rebuilding its portfolio in Hong Kong to position itself better for future expansion. The earnings were below consensus and our estimate by 5% and 7%, respectively. Portfolio; Our Services; Contact; Advertising Design for Hang Lung Properties. With the far-sighted leadership of its, , strong financial standing, highest standard of, practices as well as its superb and highly. Adhering to the highest level of corporate governance, the Company is justly regarded as one of the best run companies in Hong Kong, consistently achieving high and sustainable returns for its shareholders. Back to its home market, Hong Kong, Hang Lung has since 2012 carried out a large-scale core asset enhancement campaign under which the Company’s core assets would be significantly enhanced and upgraded. All rights reserved.　 It owns a diversified property portfolio including commercial, retail, office, serviced apartment and car park properties. It has blazed a trail into vibrant cities with a distinctive strategy of focusing on building world-class commercial complexes centered on shopping malls. Total revenue from the Mainland leasing portfolio of Hang Lung Properties and Hang Lung Group climbed 12% and 11% to RMB4,003 million and RMB4,382 million respectively. Hang Lung Properties has gained international recognition as a leading world-wide industry player. Rental income accounts for 70%-80% of the operating profit, split between Hong Kong and China, with property development in Hong Kong contributing the rest. Hang Lung Properties has gained international recognition as a leading world-wide industry player. Adhering to the highest level of corporate governance, the Company is justly regarded as one of the best run companies in Hong Kong, consistently achieving high and sustainable returns for its shareholders. Hang Lung Properties announced 2020 full-year results with underlying earnings of HKD 4.2 billion or underlying EPS of HKD 0.93, down 6% year on year. The stock's open price was 12.67. , Hang Lung is ideally positioned to take full advantage of the multiple opportunities that are offered in a fast changing and globalized economic environment. Our portfolio is a testament to our tenacious commitment to benchmark-breaking innovations in architectural design, construction, technology, and sustainability. Partnership; ADDRESS Unit 5 On 10 F, Wah Chun Industrial Centre, No.54 Tai Chung Road, Tsuen Wan, NT CONTACT NO. Market reaction was muted after the results announcement. We retain our fair value estimate of HKD 22, and our no-moat rating. Mall and office properties are the leading contributors to rental revenue. Hang Lung Properties ROE % as of today (February 28, 2021) is -0.05%. The group has a portfolio of real estate that includes commercial, office, residential, and parking lot property. The Company's success in Shanghai was the launch pad for its series of pioneering commercial complexes across the Mainland. Please be advised to check out Hang Lung risk adjusted performance of (0.06), and Market Risk Adjusted Performance of (1.60) to validate the risk estimate we provide. The Company experienced a lean period in the early 1980s when the Hong Kong market temporarily collapsed over the uncertainty concerning the territory's sovereignty. Firmly rooted in Hong Kong, Hang Lung Properties has progressively branched out into the Mainland, winning international acclaims for its exceptional quality of architectural design, services and sustainable features. On January 1, 1991, Mr. Ronnie C. Chan took over as Chairman of the Company and foresaw the golden opportunities presented by the Mainland's dynamic economic growth. Get the latest Hang Lung detailed stock quotes, stock trade data, stock price info, and performance analysis, … The Company progressed rapidly to become one of the largest real estate developers in Hong Kong. Business Description Hang Lung Properties is a property investor that mainly holds commercial assets in Hong Kong and China. Additionally, you may evaluate how the addition of Hang Lung to your portfolios can decrease your overall portfolio volatility. It is a constituent stock of Hong Kong's Hang Seng Index, the Hang Seng SCHK High Dividend Low Volatility Index, the Hang Seng Low Volalitiy Index, the Hang Seng Corporate Sustainability Index, and the Dow Jones Sustainability Asia Pacific Index. Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. Firmly rooted in Hong Kong, Hang Lung Properties has progressively branched out into the Mainland, winning international acclaims for its exceptional quality of architectural design, services and sustainable features. As a result of its successful entry into the Mainland, it has clearly outperformed its competitors, to the extent that sophisticated investors recognize Hang Lung Properties as Hong Kong's most resilient company. Hang Lung Properties today announced the official launch of new staff uniforms for its concierge staff, security personnel, technical officers, and … It also develops residential units for sales. Best viewed in Chrome, Safari, Firefox and Microsoft Edge. Terms and Conditions Privacy Center Disclosures Member User Agreement Corrections Cookies Accessibility, 4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building. The years of excelling in property development and management in Hong Kong laid a solid foundation upon which rose the Company's two landmark properties in Shanghai, Plaza 66 and Grand Gateway 66. The company develops and owns office space, shopping malls, apartment buildings, parking garages, and other properties in Hong Kong and mainland China. With the far-sighted leadership of its Board of Directors, strong financial standing, highest standard of corporate governance practices as well as its superb and highly professional management, Hang Lung is ideally positioned to take full advantage of the multiple opportunities that are offered in a fast changing and globalized economic environment. Find the latest HANG LUNG PROPERTIES (HLP) (HLPPY) stock quote, history, news and other vital information to help you with your stock trading and investing. Net sales break down by activity as follows: - real estate leasing (87%). The campaign covers core projects like Fashion Walk in Causeway Bay, The Peak Galleria, Kornhill Plaza in Quarry Bay, Grand Plaza and Gala Place in Mongkok, and Amoy Plaza in Kowloon Bay. As a result, revenue from the Hong Kong portfolio of Hang Lung Properties and Hang Lung Group both fell by 9%, to HK$3,634 million and HK$3,770 million, respectively. Hang Lung Properties today announced the opening of Heartland 66 in Wuhan, its first large-scale commercial development in central China. That information is available publicly through HLPPY media outlets and privately through word of mouth or via HLPPY internal channels. Hang Lung Properties' investment properties portfolio includes retail, office, residential properties, serviced apartments, and car parks. By and large, at that point in its evolution Hang Lung was operating almost exclusively within Hong Kong. Full year dividend totaled HKD 0.76 per share, flat from a year ago. Hang Lung Properties specializes in promoting and managing real estate assets. The immense success of these projects can be gauged by the fact that they have generated the highest tax revenues of any commercial property, not just in Shanghai but throughout the Mainland. The Company is set to develop into the highly admired mega national commercial property enterprise in the market. On January 1, 1991, Mr. Ronnie C. Chan took over as Chairman of the Company and foresaw the golden opportunities presented by the Mainland's dynamic economic growth. It was under his visionary leadership that the Company embarked upon its new direction by venturing into the Mainland market. Furthermore, Plaza 66 has established itself as a household name across the nation for its unparalleled host of international retail brands and a reputation as the shopping destination of choice for high-end consumers. However thanks to prudent and sound management, Hang Lung weathered the storm, although, as the current Chairman would later point out, the Company had “gone to sleep” during this period. Hang Lung is trading at 12.75 as of the 25th of March 2021; that is 4.42% increase since the beginning of the trading day. Partnering with Hang Lung, you rightly expect nothing but the highest standards of quality. New properties commencing business in the reporting year included the mall and office tower at Spring City 66 in Kunming, the second office tower at Center 66 in Wuxi, and Conrad Shenyang at Forum 66 in Shenyang. As a result, revenue from the Hong Kong portfolio of Hang Lung Properties and Hang Lung Group both fell by 9%, to HK$3,634 million and HK$3,770 million, respectively. The years of excelling in property development and management in Hong Kong laid a solid foundation upon which rose the Company's two landmark properties in Shanghai, Plaza 66 and Grand Gateway 66. Hang Lung remains steadfast in integrating sustainability principles into its business value chain and serving communities in which we operate. Hang Lung Properties trades at 0.59 times P/B based on its net assets attributable to shareholders per share of HK$30.80 and share price of HK$18.24 as of January 21, 2020. Net sales break down by country into China (51.9%) and Hong Kong (49.1%) ; - sale of real estate assets (13%): residential buildings, businesses, offices, hotels, industrial buildings and parking. This was achieved by acquiring large sites in prime urban areas, cooperating only with top architectural firms, incorporating the latest sustainable features, and providing superb management. Note that the Hang Lung Ppy information on this page should be used as a complementary analysis to other Hang Lung's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. Privacy Policy and Find out the direct holders, institutional holders and mutual fund holders for HANG LUNG PROPERTIES (HLP) (HLPPY). The immense success of these projects can be gauged by the fact that they have generated the highest tax revenues of any commercial property, not just in Shanghai but throughout the Mainland. Hang Lung Properties is a property investor that mainly holds commercial assets in Hong Kong and China. The Company is set to develop into the highly admired mega national commercial property enterprise in the market. Hang Lung’s portfolio includes office, retail and industrial development in Hong Kong and China; the Shouson Hill project will be its first luxury residential project since it built an 18-unit townhouse development on Blue Pool Road in Happy Valley in 2015. In depth view into HKSE:00101 ROE % explanation, calculation, historical data and more The parent company of Hang Lung Properties, Hang Lung Group, was founded on September 13, 1960, by Mr. Chan Tseng-hsi. Click Here. Terms of Service apply. It gained prominence in the following decades by developing some of the biggest residential complexes along the Mass Transit Railway. The Mainland portfolio grew in both leasing revenue and retail sales, mainly contributed by pent-up demand fueled by the repatriation of luxury spending, new properties … With a judicious focus on commercial real estates and targeting “the best locations in major populated centers”, the Company took its first step into the Mainland in Shanghai in 1992. As Hang Lung’s business continues to grow, the Company is set to develop into a highly admired national commercial property developer in China. The Company experienced a lean period in the early 1980s when the Hong Kong market temporarily collapsed over the uncertainty concerning the territory's sovereignty. The parent company of Hang Lung Properties, Hang Lung Group, was founded on September 13, 1960, by Mr. Chan Tseng-hsi. The company is 59% owned by Hang Lung Group and is led by Ronnie Chan, who has been the company's chairman since 1991. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Hang Lung is committed to embedding an unwavering culture of sustainability across its business operations and value chain. This was achieved by acquiring large sites in prime urban areas, cooperating only with top architectural firms, incorporating the latest sustainable features, and providing superb management. The stock's open price was 12.21. Description. The Company has progressively branched out into the Mainland since the 1990s, with our distinctive footprint now fully established in Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou, with all the Mainland projects carrying the “66” brand. Back to Portfolio List. It has blazed a trail into vibrant cities with a distinctive strategy of focusing on building world-class commercial complexes centered on shopping malls. Hang Lung Properties Limited (stock code: 00101), a constituent stock of the Hang Seng Index, Hang Seng SCHK High Dividend Low Volatility Index, … The Company has progressively branched out into the Mainland since the 1990s, with our distinctive footprint now fully established in Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou, with all the Mainland projects carrying the “66” brand. This site is protected by reCAPTCHA and the Google Graphic Design. Hang Lung is trading at 12.75 as of the 25th of March 2021; that is 0.63 percent increase since the beginning of the trading day. Hang Lung Group Ltd engages in property development for sale and leases in Hong Kong and China through its subsidiary Hang Lung Properties. Copyright © 2021 Hang Lung Properties Limited. In China, the company’s exposure is almost entirely in retail, with rental revenue from shopping malls accounting for more than three fourths. As Hang Lung’s business continues to grow, the Company is set to develop into a highly admired national commercial property developer in China. Circulars / Proxy Forms / Returns to the Stock Exchange, Notices Related to Replacement of Lost Share Certificates under the Hong Kong Companies Ordinance, Constitutional Document & Directors of Subsidiaries. However thanks to prudent and sound management, Hang Lung weathered the storm, although, as the current Chairman would later point out, the Company had “gone to sleep” during this period. Hang Lung Properties Limited (stock code: 00101), the operating arm of Hang Lung Group Limited (stock code: 00010), is a leading Hong Kong company boasting an extensive real estate portfolio in Hong Kong, as well as building, owning and managing world-class commercial complexes in key cities on the Mainland since the 1990s. Our high standards for the provision of hardware extend across the entire range of our portfolio, all located at prime locations in Hong Kong or the Mainland.