Hongkong Land Holdings Limited: Update following ratings affirmation, outlook remains stable
Our credit view of HKLC reflects its status as a strong franchise and long operating history in Hong Kong, constrained by business risks in its residential development activities.Hongkong Land Holdings is a member of the Jardine Matheson Group. Co. is a property investment, management and development group in Asia. Co. owns and manages almost 800,000 sq. m. of office and retail property in Asian cities, principally in Hong Kong and Singapore. Co. has two operating segments: Commercial Property and Residential Property.
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