|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.4800 - 1.5200|
|52 Week Range||1.2476 - 1.7429|
|Beta (5Y Monthly)||0.42|
|PE Ratio (TTM)||34.20|
|Forward Dividend & Yield||0.05 (2.73%)|
|Ex-Dividend Date||Jun 03, 2021|
|1y Target Est||N/A|
Moody's Investors Service has affirmed the A2 issuer rating of IFC Development Limited (IFC). "The rating affirmation reflects our expectation that, despite a weakening in IFC's office, retail and hotel rental income in the next 12-18 months due to coronavirus-led disruptions and weaker economic conditions in Hong Kong (Aa3 stable), the negative impact can be absorbed by the company's ample financial buffer," says Stephanie Lau, a Moody's Vice President and Senior Analyst.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of The Hong Kong and China Gas Company Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.