Stephen Ng Tin-hoi, Wharf’s chairman, warned the strong Hong Kong dollar, potential interest rate rises, global economic conditions and political uncertainties will continue to put pressure on the retail sector. Photo: K. Y. Cheng
Wharf delivers 25pc rise in annual core earnings
Owner of Hong Kong’s largest shopping mall Harbour City, considering spinning off its investment property assets. But mainland office leasing unit struggles
Stephen Ng Tin-hoi, Wharf’s chairman, warned the strong Hong Kong dollar, potential interest rate rises, global economic conditions and political uncertainties will continue to put pressure on the retail sector. Photo: K. Y. Cheng