John Lee Ka-chiu: Adjusting the green and white form ratio in the Housing Policy Address should not be considered a 'conspiracy theory'. No serious speculation in the property market has been seen yet.
Chief Executive John Lee Ka-chiu said in an interview with TVB that it is not appropriate to hold a 'conspiracy theory' towards the adjustment of the public-private housing ratio mentioned in the Policy Address, emphasizing the importance of flexible allocation of housing demand. He mentioned that the differences in demand for public and private housing at different times are normal, and the role of the Hong Kong government is to balance the differences and determine the priority of resource allocation. If the public housing quotas are not fully utilized, they will be reallocated to applicants for private housing. John Lee Ka-chiu believes that he is confident that the situation of public housing supply being 'top-heavy and bottom-light' will improve after 3 years. As for the 'blank period' in between, it needs to rely on 'economical public housing' to solve the problem, describing the arrangement as being 'site-specific'.
HANG LUNG GROUP: 2024 Interim Report
The Stock Exchange of Shanghai and the Stock Exchange of Shenzhen: 33 shares will be included in the Hong Kong Stock Connect symbol from today.
The Shanghai Stock Exchange and Shenzhen Stock Exchange have announced that 33 stocks have been included in the list of Hong Kong stocks eligible for trading through the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect starting today.
This Hang Lung Group Insider Increased Their Holding By 67% Last Year
Chen Qizong: Family businesses are difficult to sustain, and inheriting wealth to the next generation can lead to conflicts.
The Hong Kong United Nations Educational, Scientific and Cultural Organization Association recently held the "Education Future Forum" with the theme of family education and inheritance. The honorary director of Hang Lung Properties (00101.HK), Ronnie Chan, who attended the event, expressed that sustainable business operation is impossible. The inheritance of family wealth through generations is extremely rare, and if mishandled, it will ultimately lead to a situation where the children fight each other. Therefore, he believes that the best method is to donate the wealth for charitable purposes. He emphasized that although there are many sustainable businesses in the world, large family enterprises are difficult to sustainably develop. The main reason is that the talent pool within the family is always limited. Hang Lung is able to sustain its operation not only due to luck, but also because it...
The list of stocks that are listed or meet the criteria for inclusion in the Hong Kong stock connect program is listed in "Da Hang" (Table).
According to a report by CICC, the Hang Seng Index Company announced its regular semi-annual index adjustment results last Friday, covering major flagship indices such as the Hang Seng Index, the China Enterprises Index, and the Hang Seng Tech Index. In addition, the Hang Seng Composite Index, which directly determines the investment scope of the Hong Kong stock connect, also underwent a significant adjustment. Regarding the recent market focus on whether Alibaba can enter the Hong Kong stock connect, the company's management stated during last week's conference call that the company will hold a shareholder meeting on August 22 to evaluate the use of Hong Kong as the company's main listing location and submit relevant proposals to shareholders. If the shareholder meeting approves, the company is expected to complete the New York to Hong Kong listing by the end of August.
Hong Kong stock market outlook: China Hongqiao's net income for the first half of the year increased by 273% to 9.155 billion yuan; Hang Seng Index announced the quarterly results, involving multiple companies including New Oriental.
S&P, NASDAQ have risen for 7 consecutive days, and the three major indexes have achieved the largest weekly increase this year; important adjustments to the information disclosure mechanism for Shanghai-Hong Kong Stock Connect trading will be made on August 19; the expectation of a rate cut by the Federal Reserve has pushed gold up to $2,500, setting a new record high.
CICC: What Is the Impact of the Half-Yearly Adjustment of the Hang Seng Index and the Hong Kong Stock Connect?
Hang Seng Index Company announced its regular semi-annual index adjustment results on August 16, 2024 (the review and assessment period ended on June 30, 2024, and the results were announced within 8 weeks after the assessment date).
Futu Morning News | Fed policymakers "soften" their stance: it's time to consider interest rate cuts; during the sharp drop in US stocks in August, hedge funds and individual investors aggressively bought tech giants at a low price.
The Jackson Hole Central Bank Annual Meeting will be held from August 22nd to 24th in 2024; Harris announced the economic agenda: building houses and subsidizing down payments; urged to buy, and the Alibaba's stock price has risen.
Quarterly review of Hang Seng Index constituents reveals no changes. ASMPT(00522) has been added as a constituent of the Hang Seng Tech Index.
Among them, there was no change in the Hang Seng Index constituent stocks, and the number of constituent stocks remained at 82.
Hang Lung Group Goes Ex Dividend Tomorrow
Director Chen Wenbo increased his shareholding in Hang Lung Group (00010) by 0.04 million shares, priced at HKD 8.44 per share.
On August 12th, Chairman Chen Wenbo increased his shareholding in Hang Lung Group (00010) by 0.04 million shares, with a price of HKD 8.4363 per share, for a total amount of approximately HKD 0.3375 million.
Hang Lung Group (00010) interim earnings conference: Hang Lung Plaza in Hangzhou is expected to open in the second half of 2025.
Recently, the Hang Lung Group (00010) held its earnings conference for the middle of the year.
HANG LUNG GROUP To Go Ex-Dividend On August 15th, 2024 With 0.13441 USD Dividend Per Share
July 31st (Eastern Time) - $HANG LUNG GROUP(HNLGY.US)$ is trading ex-dividend on August 15th, 2024.Shareholders of record on August 15th, 2024 will receive 0.13441 USD dividend per share on October 7
Express News | Hang Lung PPT and Hang Lung Group achieved a total revenue growth of 17% and 15% respectively in the first half of 2024.
HANG LUNG GROUP To Go Ex-Dividend On August 14th, 2024 With 0.21 HKD Dividend Per Share
July 30th (Beijing Time) - $HANG LUNG GROUP(00010.HK)$ is trading ex-dividend on August 14th, 2024.Shareholders of record on August 15th, 2024 will receive 0.21 HKD dividend per share on September 25
Hang Seng Index fell 235 points, real estate stocks declined, Hang Lung Properties fell more than 11%.
The Hong Kong stock market fell following the peripheral markets on the day of the futures settlement due to market anticipation of the US Federal Reserve's decision and the performance of large technology stocks. The Hang Seng Index opened low and extended losses, falling to a low of 16,971 at one point, down 235 points or 1.4% to close at 17,002. The H shares index fell 93 points or 1.5% to close at 5,986, while the Hang Seng Tech Index dropped 52 points or 1.5% to close at 3,414. The total trading volume of the day was HK$89.976 billion, with a net inflow of RMB 1.777 billion and a net outflow of 84.9 million via the southbound trading of the Shanghai and Shenzhen Stock Connect. Meanwhile, Hang Lung Properties Limited (00101.HK) suffered a 56% decrease in profit for the first half of the year.
Hang Lung Group's H1 Attributable Profit Falls Despite Revenue Growth
Hong Kong property stocks mostly fell, Hong Kong house price index hit an eight-year low. According to Morgan Stanley, the average earnings per share in the industry fell by an average of 7%.
Most Hong Kong property stocks fell, as of press time, Hang Lung Properties (00101) fell 12.05% to HKD 5.62; Hang Lung Group (00010) fell 4.46% to HKD 8.56; Swire Properties (01972) fell 4.4% to HKD 12.16.
Hong Kong stock market fluctuations | Hang Lung Group (00010) fell more than 5%, with an expected 47% year-on-year decrease in net profit for the first half of the year. The interim dividend remained at HKD 0.21.
Hang Lung Group (00010) fell by more than 5%, as of the time of writing, fell by 5.02%, to HKD 8.51, with a turnover of HKD 18.5762 million.
No Data
No Data