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Added to YB: 2024-06-17

Pitch date: 2024-06-14

0010.HK [bullish]

Hang Lung Group Limited

+98.16%

current return

Author Info

No bio for this author

Company Info

Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and the Mainland of China.

Market Cap

HKD 15.5B

Pitch Price

HKD 7.88

Price Target

N/A

Dividend

7.57%

EV/EBITDA

18.57

P/E

9.63

EV/Sales

10.16

Sector

Real Estate Management and Development

Category

value

Show full summary:
Hang Lung Group

0010.HK: Luxury mall & office owner in China & HK at 0.15x P/B, >20% earnings yield. 45% discount to NAV of subsidiary 0101.HK. Contrarian play on HK, China RE. Insider buying across sector. MSCI HK deletion of 0101 in May '24. 3rd gen family mgmt.

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