|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||104.900 - 106.600|
|52 Week Range||99.500 - 139.600|
|Beta (3Y Monthly)||1.01|
|PE Ratio (TTM)||6.18|
|Earnings Date||Sep 10, 2018 - Sep 14, 2018|
|Forward Dividend & Yield||4.65 (4.57%)|
|1y Target Est||146.10|
Hong Kong sold a harbourfront residential plot for HK$8.33 billion ($1.06 billion) to a consortium led by major local developers, the Lands Department said on Wednesday, fetching less per square foot than a similar sale earlier this year. The per-square-foot price of the prime plot in Kai Tak, site of the city's former airport, was 18.4 percent lower than a record sale in the same area six months ago, in another sign of the city's sizzling property market starting to moderate. Last week, before the land sale, surveyors lowered their estimates by 5 to 10 percent from previously forecast, to value the site between HK$7.75 billion and HK$9.2 billion.
The Zacks Analyst Blog Highlights: Tencent Holdings, AAC Technologies Holdings, Sunny Optical Technology Group, Xtep International Holdings and Sun Hung Kai Properties
Nov 1 (Reuters) - Transport International Holdings Ltd : * ENTERED INSURANCE ARRANGEMENTS FOR SUN HUNG KAI PROPERTIES INSURANCE TO PROVIDE INSURANCE COVERAGE, SERVICES TO CO Source text for Eikon: Further ...
Sept 28 (Reuters) - Sun Hung Kai & Co Ltd: * ROBERT JAMES QUINLIVAN HAS BEEN APPOINTED AS GROUP CHIEF FINANCIAL OFFICER Source text for Eikon: Further company coverage:
Sept 25 (Reuters) - Stifel Financial Corp: * STIFEL FINANCIAL CORP SAYS STIFEL & HONG KONG'S EVERBRIGHT SUN HUNG KAI ESTABLISH CROSS-BORDER PARTNERSHIP Source text for Eikon: Further company coverage:
Every investor in Sun Hung Kai Properties Limited (HKG:16) should be aware of the most powerful shareholder groups. Institutions will often hold stock in bigger companies, and we expect toRead More...
Sun Hung Kai Properties , the most valuable developer in property-obsessed Hong Kong, reported higher full-year profit on Thursday but said new regulations and global economic uncertainties could challenge the local housing market. The warning from SHKP's chairman and one of Hong Kong's richest men, Raymond Kwok, came as the world's least affordable housing market braces for a cooldown in prices after a record-breaking 28-month climb.
HONG KONG, Sept 13 (Reuters) - Sun Hung Kai Properties , the most valuable developer in one of the world's priciest property markets, reported a 17.1 percent jump in full-year underlying profit on Thursday, ...
Sept 13 (Reuters) - Sun Hung Kai Properties Ltd: * FY REVENUE HK$85,644 MILLION VERSUS HK$78,207 MILLION * DECLARED FINAL DIVIDEND OF HK$3.45 PER SHARE * FY PROFIT ATTRIBUTABLE HK$49,951 MILLION VERSUS ...
Sept 7 (Reuters) - Diary of Hong Kong (.HSI) corporate earnings for the week ahead. HONG KONG EARNINGS Start Date Start RIC Company Event Name Time(GMT) 13-Sep-2018 NTS 0016.HK Sun Hung Kai Properties ...
Sun Hung Kai Properties Limited (HKG:16) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective.Read More...
Have you been keeping an eye on Sun Hung Kai & Co Limited’s (HKG:86) upcoming dividend of HK$0.12 per share payable on the 12 September 2018? Then you only haveRead More...
I am writing today to help inform people who are new to the stock market and want to learn about the link between company’s fundamentals and stock market performance. SunRead More...
Aug 15 (Reuters) - Sun Hung Kai & Co Ltd: * HY PROFIT ATTRIBUTABLE HK$1.06 BILLION VERSUS HK$780.1 MILLION * HY TOTAL INCOME HK$2.27 BILLION VERSUS HK$1.79 BILLION * HAS DECLARED AN INTERIM DIVIDEND OF ...
July 25 (Reuters) - Sun Hung Kai & Co Ltd: * H1 UNAUDITED CONSOLIDATED PROFIT ATTRIBUTABLE WILL SHOW A SUBSTANTIAL INCREASE FROM FIRST HALF OF 2017 Source text for Eikon: Further company coverage:
High demand and a record local price for Sun Hung Kai Properties Ltd. units in Hong Kong at the weekend showed that the property market is yet to cool after Chief Executive Carrie Lam unveiled a vacancy tax. Lam’s tax, announced last month, is another attempt to cool a property market that’s risen more than 50 percent over the past five years, adding to the risk of a sudden bust. The North Point sales show the challenge she faces: 286-square-foot studio apartments selling at HK$10.25 million set a record for the area, according to Midland Realty Services Ltd., and the developer has boosted the prices for the next 36 apartments to go on sale by an average of 10 percent.
Hong Kong’s plan to tax unsold new apartments may have little effect on the city’s red-hot housing market. Taming Hong Kong’s property boom has been one of the biggest challenges for the city’s lawmakers, who’ve unveiled a series of measures in recent years to cool the market. With the latest rules, apartments left unsold for more than six months will be taxed at twice the annual rental income, or about 5 percent of the unit’s value.
Sun Hung Kai & Co Limited (HKG:86), a consumer finance company based in Hong Kong, received a lot of attention from a substantial price movement on the SEHK over theRead More...
Have you been keeping an eye on Sun Hung Kai & Co Limited’s (SEHK:86) upcoming dividend of HK$0.14 per share payable on the 28 June 2018? Then you only haveRead More...
June 6 (Reuters) - Sun Hung Kai Properties Ltd: * BOARD LOT SIZE OF ORDINARY SHARES WILL BE CHANGED FROM 1,000 TO 500 SHARES FROM 29 JUNE 2018 * CHANGE IN BOARD LOT SIZE WILL NOT RESULT IN ANY CHANGE IN ...
Hong Kong's record-breaking private home prices rose at their fastest pace in a year in April, the latest government data showed, as the city's scorching hot housing market shows no sign of cooling down. A government index tracking private home prices in April climbed 1.84 percent compared to a month ago, growing at the fastest pace since April 2017, according to the Rating and Valuation Department. The index also saw its longest ever record-breaking streak, peaking for an 18th consecutive month in April, according to property agency Ricacorp.
One of Hong Kong’s oldest brokerages is boosting its wealth management operations in the city, where millionaires are being minted by a property boom. Everbright Sun Hung Kai Co., a unit of China’s Everbright Securities Co., plans to add 100 relationship managers specializing in clients with at least HK$8 million ($1 million) of investable assets, said Deputy Chief Executive Officer Kevin Tai. “The property market is a main reason,” Tai said in an interview on Monday.
Sun Hung Kai Properties Ltd set a land sale record in Hong Kong on Tuesday when it outbid four others and snapped up a residential plot northeast of the city's iconic Victoria Harbour for HK$25.16 billion ($3.21 billion), the Lands Department said. The site, now crowned the new "land king" by local media, is the most expensive land ever sold in Hong Kong by lump sum price. Right next to it is Hong Kong's most expensive commercial land plot, which was sold to local developer Nan Fung Development Ltd for HK$24.6 billion a year ago.
Kenny Wen, wealth management strategist at Sun Hung Kai Financial discusses the HSBC earnings and the future outlook for the company.