Hang Lung Group Limited (HNLGY)
Hang Lung Group Limited operates in the Real Estate - Development industry of the Real Estate sector, headquartered in Hong Kong, HK. The stock last traded at $7.90, up 0.00% on the session, giving a market capitalisation of $2.15B. On trailing twelve-month figures it carries a trailing P/E of 11.63, a net margin of 12.3%. Its beta of 0.66 implies it has historically moved less than the broad market.
Hang Lung Group Limited functions as an investment holding company, prominently involved in property development across both Hong Kong and Mainland China. Its core business activities are structured around two main divisions: Property Leasing and Property Sales. The group develops diverse real estate assets for both acquisition and tenancy, encompassing large-scale commercial, office, and residential complexes. Its extensive development scope further includes shopping malls, various office and residential premises, industrial properties, and car parking facilities. A cornerstone of its operations is a substantial portfolio of investment properties located across various major Chinese cities. This impressive collection features high-profile projects such as Grand Gateway 66 (a mixed-use commercial, office, and residential complex) and Plaza 66 (a commercial and office hub) in Shanghai. Other key developments comprise Palace 66 and Forum 66 in Shenyang; Parc 66 in Jinan; Center 66 in Wuxi; Riverside 66 in Tianjin; Olympia 66 in Dalian; Spring City 66 in Kunming; Heartland 66 in Wuhan; and Westlake 66 in Hangzhou. Beyond its core property development and investment activities, the company provides a comprehensive suite of related services. These include property and car park management, financial solutions, project oversight, dry and laundry cleaning, property agency services, and the operation and management of apartment buildings. Established in 1960, Hang Lung Group maintains its corporate headquarters in Central, Hong Kong.
Hang Lung Group Limited is most often compared with the following Real Estate names: