Hongkong Land Holdings

Broker's Calls

Morgan Stanley downgrades Hongkong Land to ‘equal-weight’ amid weak Hong Kong office outlook

Despite buyback support from management, the analysts have also lowered their target price to US$3.80 from US$5.90 before.
GuocoLand, Frasers Property and Hongkong Land have the highest scores - THE EDGE SINGAPORE

Property

GuocoLand, Frasers Property and Hongkong Land have the highest scores

GuocoLand and Frasers Property are strongly undervalued and could be investment-worthy stocks for investors.
'Scant near-term re-rating catalysts' for Hongkong Land, CGS-CIMB reiterates 'hold' - THE EDGE SINGAPORE

Broker's Calls

'Scant near-term re-rating catalysts' for Hongkong Land, CGS-CIMB reiterates 'hold'

CGS-CIMB has reiterated their “hold” with an unchanged TP of US$4.

Broker's Calls

Analysts maintain calls on Hongkong Land but with reduced target prices

The company has a US$500 million share buyback programme in place

Broker's Calls

DBS says Hongkong Land is 'attractive from historical viewpoint' despite lower TP

DBS analysts Jeff Yau and Percy Leung have given Hongkong Land a lower target price of US$5.93 ($7.82) from US$6.14 previously.

Property

Copen Grand fully sold, with remaining units snapped up by second-time buyers

The units in this EC were sold at prices ranging between $1,300 psf and $1,337 psf
Hongkong Land reverses to profitability with US$292 mil earnings for 1HFY2022 - THE EDGE SINGAPORE

Results

Hongkong Land reverses to profitability with US$292 mil earnings for 1HFY2022

An interim dividend of 6 US cents per share, which will be payable on Oct 12, has been declared.

Results

Hongkong Land narrows FY2021 loss to US$349 mil, maintains dividend

The company plans to pay a final dividend of 16 US cents, for a FY2021 payout of 22 US cents.

Buybacks

Jardine Matheson to spend another US$250 mil for share buy backs

Jardine Matheson's separately-listed subsidiary Hongkong Land has been buying back shares too under its own US$500 mil programme.
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