Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Hang Lung: HK Retail to Continue to Face Strong Headwinds in Coming Yr; Growth Momentum Remains to be Seen
Recommend 17 Positive 10 Negative 15 |
||||
|
||||
|
HANG LUNG GROUP (00010.HK) and HANG LUNG PPT (00101.HK) announced their interim results today. The Group did not have a large inventory of Hong Kong properties. Therefore, it is not in a hurry to cash in, and will decide on the timing of sales depending on the market situation and demand, in the hope that there will be breathing room for the property market in the wake of the interest rate cuts in the future, Weber Lo, Chief Executive Officer of HANG LUNG GROUP and HANG LUNG PPT, said. For retail, Lo expected that Hong Kong will continue to face strong headwinds in the next 12 months, and the growth momentum remains to be seen. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
