Hang Lung Properties Ltd ADR (Sponsored)

(HLPPY)

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Profile

Hang Lung Properties is a property investor that mainly holds commercial assets in Hong Kong and China. 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. In China, the company's exposure is almost entirely in retail, with rental revenue from shopping malls accounting for more than three fourths. Its assets are spread mostly across Tier 2 cities; as such, many view the company as a proxy for China's overall retail performance. The company is 56% owned by Hang Lung Group and is led by Ronnie Chan, who has been the company's chairman since 1991.

Contact Information

Website: www.hanglung.com
Email: ir@hanglung.com
Main Phone: +852 28790111
Address: 4 Des Voeux Road Central
Address 2: 28th Floor, Standard Chartered Bank Building
City / Town: Hong Kong
Country: HKG

Issuer Information

Exchange: OTO
Employees: 4648


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Profile

Hang Lung Properties is a property investor that mainly holds commercial assets in Hong Kong and China. 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. In China, the company's exposure is almost entirely in retail, with rental revenue from shopping malls accounting for more than three fourths. Its assets are spread mostly across Tier 2 cities; as such, many view the company as a proxy for China's overall retail performance. The company is 56% owned by Hang Lung Group and is led by Ronnie Chan, who has been the company's chairman since 1991.

Contact Information

Website: www.hanglung.com
Email: ir@hanglung.com
Main Phone: +852 28790111
Address: 4 Des Voeux Road Central
Address 2: 28th Floor, Standard Chartered Bank Building
City / Town: Hong Kong
Country: HKG

Issuer Information

Exchange: OTO
Employees: 4648
$ 12.07 $ -0.19 (-1.55%)
Last Price 12.07 Change $ -0.19 Change % -1.55 Tick N/A
Bid N/A Bid Size N/A Ask N/A Ask Size N/A
Open 12.34 High 12.34 Low 12.06 Prev Close 12.26
Last Trade Volume 3,957 52 Wk Hi 12.38 52 Wk Low 8.77
Market Cap 10.9 bi Ex-Div Date Div Rate 0.19 Yield 1.5590
Shares 899,600,000.00 EPS (TTM) 1.15 PE Ratio 10.70 Exchange OTCPK
  Current 1 Week Ago 2 Weeks Ago 3 Weeks Ago
High Target Price Estimate 10.06 10.06 10.06 10.06
Low Target Price Estimate 10.06 10.06 10.06 10.06
Mean Target Price Estimate 10.06 10.06 10.06 10.06
Standard Deviation 0 0 0 0
Date of Most Recent Estimate 10/28/08 10/28/08 10/28/08 10/28/08
  Current 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 0 0 0 1
Moderate Buy 0 0 0 0
Hold 0 0 0 0
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 0 0 0 1