Hongkong Land Undervalued in Light of the Buoyant Hong Kong Office Market
Hongkong Land’s shares were up only 3% for the year to date, not fully reflecting the buoyant Hong Kong office market. While the performance of the company’s core Hong Kong portfolio is in line, investor sentiment may reflect the uncertainties stemming from the company’s recent expansion initiatives. Notably, the company acquired six new development projects in mainland China, including entry into three new cities. Previously, the company’s development portfolio in mainland China consisted of 13...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.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.