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Hongkong Land Holdings
Right Timing
Temporary pause likely after breakout
(Nov 8): Although the Straits Times Index retreated on Nov 8, the rally should be able to resume. On Nov 2, the index had broken above its 200-day moving average at 3,226 accompanied by expanding volume.
November 08, 2019
Global Markets
Betting on Hong Kong remaining a key financial centre
SINGAPORE (Sept 16): On Sept 4, as I watched my shares in Hongkong Land Holdings bounce strongly, it occurred to me that I could be accused of being invested in the people of the former British colony not getting their way. The talk in the market that day
September 13, 2019
Markets
Safe-haven play gold crosses US$1,500; Jardine family stocks hit by Hong Kong woes
SINGAPORE (Aug 12): Amid the market volatility, investors are seeking refuge in safe-haven asset classes. Gold rallied above US$1,500 an ounce — the highest level since 2013, extending a 17% gain since the start of the year. Silver surged as well. “Tu
August 08, 2019
Broker's Calls
Easy for Hongkong Land to find replacement for tenant HNA: DBS
SINGAPORE (Sept 20): China-based HNA Group reportedly surrendered eight floors at Three Exchange Square in Hongkong’s Central with lettable area of 88,000sf.
September 20, 2018
China Focus
HNA said to surrender Hong Kong office space it never used
(Sept 12): As HNA Group Co.’s global ambitions continue to shrink, so too does its need for office space.
September 12, 2018
Results
Hongkong Land reports 3% lower 1H earnings of US$455 mil; declares US 6 cents dividend
SINGAPORE (July 26): Hongkong Land, a member of the Jardine Matheson Group, reported earnings of US$455 million ($619 million) for the 1H18 ended June, compared with US$470 million in 1H17.
July 26, 2018
Property
Will Tulip Garden mark the return of billion-dollar deals in the Singapore property market?
SINGAPORE (Apr 13): The collective sale for Tulip Garden received the top bid from Asia Radiant – a joint venture (JV) between Yanlord and Hongkong Land Holdings’ MCL Land – of $907 million, representing about 20% premium to the owners’ asking pri
April 13, 2018
Property
Yanlord-Hongkong Land JV wins Tulip Garden en bloc sale with $907 mil bid
SINGAPORE (Apr 12): Asia Radiant, a joint venture entity between Yanlord Land Group and Hongkong Land Holdings’ MCL Land, has won the tender for the en bloc sale of Tulip Garden with a bid of $906.9 million.
April 12, 2018
Results
Hongkong Land posts 67% increase in FY17 earnings to US$5.6 bil on fair value of investment properties
SINGAPORE (Mar 8): Hongkong Land Holdings, the property group which is a member of the Jardine group, announced FY17 earnings increased by 67% to US$5.6 billion ($7.37 billion) compared to US$3.35 billion in FY16.
March 08, 2018
Hongkong Land's Central Boulevard JV with IOI Properties said to be facing setbacks
SINGAPORE (Feb 26): An agreement between Hongkong Land and Malaysia-listed IOI Properties Group to jointly own and develop a prime land parcel in Singapore’s Marina Bay financial district could be in trouble.
February 26, 2018