|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||66.97 - 67.31|
|52 Week Range||56.13 - 70.18|
|Beta (3Y Monthly)||-0.07|
|PE Ratio (TTM)||9.96|
|Forward Dividend & Yield||1.62 (2.33%)|
|1y Target Est||N/A|
Moody's Investors Service has affirmed Hongkong Land Holdings Limited's (HKLH) A3 issuer rating and The Hongkong Land Company, Limited's (HKLC) A2 issuer rating. At the same time, Moody's has affirmed the following ratings, which are unconditionally and irrevocably guaranteed by HKLC: (1) the provisional (P)A2 senior unsecured ratings on the medium-term note (MTN) programs for The Hongkong Land Finance (C.I) Company Limited, The Hongkong Land Treasury Serv. "HKLC's A2 issuer rating reflects the company's strong franchise in Hong Kong and long operating history," says Stephanie Lau, a Moody's Vice President and Senior Analyst.
Moody's Investors Service says that the earnings of its rated Hong Kong property companies will continue to grow in the next 12-18 months despite volatility in the operating environment, while US-China trade tensions will also exert an impact -- although limited -- on the sector. "We expect the weighted average EBITDA of our 10 rated Hong Kong property companies to grow by the high single-digits in fiscal 2018 and 2019, underpinned by robust residential presales over the past two years and steady office rental income growth," says Stephanie Lau, a Moody's Vice President and Senior Analyst.
Moody's Investors Service says Jardine Matheson Holdings Limited and Jardine Strategic Holdings Limited (JSH, A1 stable) -- co-holding companies of the Jardine Group -- reported solid results for 2017, ...