In the face of slowing growth worldwide, the mainland's economic prospects in the next five to 10 years were still good, Chan said after the annual general meetings of Hang Lung Properties and its...
- Tue
- May 21, 2013
- Updated: 6:31pm
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Hang Lung Properties
Hang Lung Properties, formerly Amoy Properties and part of the Hang Lung Group, is a headquartered in Hong Kong and a constituent stock in the blue chip Hang Seng Index. Hang Lung Properties Ltd was incorporated in 1949 and was taken over by Hang Lung Group in 1980. It became the property investment arm of Hang Lung Group Ltd after the group re-organisation in 1987. The company is led by Ronnie Chan.
Ronnie Chan Chichung has been waxing lyrical about the virtues of Hang Lung Properties. In his chairman's letter to shareholders, he discusses the question of guanxi and how the company does...
Last year, Hang Lung sold just 117 units - nine at the Harbourside in West Kowloon and 108 at the Long Beach in Tai Kok Tsui - at average prices of HK$32,100 and HK$10,600 per square foot,...
After leaving them empty for five years, Hang Lung Properties yesterday priced 10 flats at its AquaMarine development in Cheung Sha Wan about 15 per cent higher than current secondary transactions...
The chairman of Hang Lung Properties came to the defence of his ally Leung Chun-ying's housing policies yesterday, calling on the public to show patience.
With marriage registries booked to capacity, property managers were not slow to jump on the bandwagon on this week's auspicious triple-12 date.
Insurance giant AIA Group is buying Stanhope House in Quarry Bay from Hang Lung Properties for HK$2.4 billion.
With a floor area of 299,615 square feet, the price tag translates into HK$8,...
Hang Lung Properties, which has HK$65.89 billion in investment on the mainland, is finding local governments more willing to sell land, chairman Ronnie Chan Chichung said.
Hong Kong developers' earnings from their mainland projects have started taking off, and the profit contribution from these sources will continue to grow, according to analysts.
Developer Hang Lung Properties said it would continue to sell its non-core properties in Hong Kong, with the mainland offering better returns and lower risks than the local market.
Five years after it sold flats at Long Beach in West Kowloon for the last time, Hang Lung Properties yesterday said it would sell another 108 flats there - this time at its Tower 8.
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