|Bid||36.050 x 0|
|Ask||36.100 x 0|
|Day's Range||35.900 - 36.350|
|52 Week Range||34.700 - 51.050|
|Beta (5Y Monthly)||1.21|
|PE Ratio (TTM)||5.60|
|Forward Dividend & Yield||1.68 (4.67%)|
|Ex-Dividend Date||Sep 03, 2019|
|1y Target Est||N/A|
Investing.com - Shares of Hong Kong property developers rose on Thursday in Asia after the city’s leader announced a host of new measures in her policy address to solve housing crisis.
Investing.com - Asian equities were mixed in morning trade on Thursday. Hong Kong markets climbed, led by property developers after the government announced measures to ease the city’s housing shortage.
Hong Kong leader Carrie Lam had to abandon her policy speech because of jeering lawmakers on Wednesday but later offered no direct olive branch to pro-democracy protesters, hoping instead to ease resentment by building more public housing. Lam, who had to broadcast the annual address via a video link after the rowdy scenes in the Legislative Council, had hoped to try to restore confidence in her administration after four months of often violent anti-government and anti-China protests. Protesters have trashed government buildings, including the Legislative Council, daubed businesses seen as pro-China with graffiti, set street fires and thrown petrol bombs at police who have responded with water canon, tear gas, rubber bullets and several live rounds.
Hong Kong's embattled leader Carrie Lam will focus on land and housing initiatives in her annual Policy Address on Wednesday, seeking to restore confidence in the city's future amid four months of sometimes violent anti-government protests. Beijing-backed Lam, Hong Kong's most unpopular post-colonial leader, is under immense pressure to regain trust and quell unrest that has plunged the Asian financial centre into its biggest political crisis in decades. Protests over a now-withdrawn extradition bill that would have allowed people to be sent to mainland China for trial in courts controlled by the Communist Party have evolved into calls for greater democracy and revived grievances over housing in one of the world's most expensive property markets.
China said on Wednesday Hong Kong's protest movement had reached "near terrorism" and more street clashes followed ugly scenes the previous day when protesters set upon men they suspected of being government sympathisers. The United States said it was "deeply concerned" at news of Chinese paramilitary police movement near the border, urged Hong Kong's government to respect freedom of speech, and issued a travel advisory urging caution when visiting the city. By nightfall, police and protesters were again facing off on the streets, with riot officers shooting tear gas almost immediately as their response to demonstrators toughens.
May 7 (Reuters) - China Overseas Land & Investment Ltd : * CONSORTIUM-LED BY CHINA OVERSEAS LAND AND INVESTMENT WINS HONG KONG SITE FOR HK$12.6 BILLION ($1.61 billion) - HK GOVERNMENT Source text: https://bit.ly/2Wu3QDu ...
Prices for private homes in Hong Kong, one of the world's most expensive property markets, rose in March at their fastest pace since September 2016 on strong pent-up demand and improved sentiment. Home prices in the densely-populated city gained 2.9 percent in March, the third straight rise and accelerating from February's revised 1.6 percent increase, government data showed on Tuesday. The March rise is "higher than expected," said Thomas Lam, executive director of Knight Frank.
March 27 (Reuters) - Hong Kong Government * SAYS INFINITE SUN LIMITED WINS HONG KONG SITE FOR HK$9.9 BILLION ($1.26 billion) Source text for English: https://bit.ly/2FwGPbQ Further company coverage: ($1 ...
Hong Kong's Henderson Land Development Company Limited and Hong Kong and China Gas Co Ltd said on Wednesday their Chairman Lee Shau Kee was considering stepping down after the companies' respective annual general meeting in May, citing "being advanced in age". According to separate filings, Lee, aged 91, will also step down as director from Henderson Investment Ltd, but will remain a director in Henderson Land.
March 20 (Reuters) - Henderson Land Development Co Ltd : * FY PROFIT ATTRIBUTABLE HK$31.16 BILLION VERSUS HK$30.81 BILLION * RECOMMENDS PAYMENT OF A FINAL DIVIDEND OF HK$1.30 PER SHARE * FY REVENUE HK$21.98 ...