U.S. markets open in 9 hours 22 minutes
  • S&P Futures

    4,110.00
    -13.00 (-0.32%)
     
  • Dow Futures

    33,894.00
    -102.00 (-0.30%)
     
  • Nasdaq Futures

    13,164.75
    -47.25 (-0.36%)
     
  • Russell 2000 Futures

    2,201.50
    -6.40 (-0.29%)
     
  • Crude Oil

    64.74
    -0.75 (-1.15%)
     
  • Gold

    1,869.60
    +1.60 (+0.09%)
     
  • Silver

    28.14
    -0.20 (-0.70%)
     
  • EUR/USD

    1.2235
    +0.0009 (+0.07%)
     
  • 10-Yr Bond

    1.6420
    +0.0020 (+0.12%)
     
  • Vix

    21.34
    +1.62 (+8.22%)
     
  • GBP/USD

    1.4189
    +0.0001 (+0.01%)
     
  • USD/JPY

    108.9220
    +0.0320 (+0.03%)
     
  • BTC-USD

    40,470.99
    -4,799.33 (-10.60%)
     
  • CMC Crypto 200

    1,121.11
    -132.04 (-10.54%)
     
  • FTSE 100

    7,034.24
    +1.39 (+0.02%)
     
  • Nikkei 225

    28,000.67
    -406.17 (-1.43%)
     

Elect Global Investments Limited -- Moody's assigns Baa2 to Hysan's guaranteed hybrid securities

  • Oops!
    Something went wrong.
    Please try again later.

Hysan's A3 issuer rating continues to reflect the company's stable recurring income and high profitability, underpinned by its high-quality investment properties in Hong Kong's prime shopping district of Causeway Bay. This risk is mitigated by Hysan's more balanced exposure between retail and Grade-A office, and the slow penetration of online shopping in Hong Kong. The stable outlook reflects Moody's expectation that Hysan will continue its conservative approach toward expansion.