Hang Lung Properties Limited Logo

Hang Lung Properties Limited

0101.HK

(2.2)
Stock Price

5,75 HKD

1.8% ROA

3.02% ROE

12.34x PER

Market Cap.

47.332.215.200,00 HKD

34.35% DER

7.41% Yield

36.31% NPM

Hang Lung Properties Limited Stock Analysis

Hang Lung Properties Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Hang Lung Properties Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.37x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a low debt to equity ratio (34%), which means it has a small amount of debt compared to the ownership it holds

3 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

4 ROE

ROE in an average range (2.79%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (1.8%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

7 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 Buffet Intrinsic Value

The company's stock appears overvalued (1) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Hang Lung Properties Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Hang Lung Properties Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Hang Lung Properties Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Hang Lung Properties Limited Revenue
Year Revenue Growth
1993 2.477.100.000
1994 2.434.100.000 -1.77%
1995 2.426.500.000 -0.31%
1996 3.686.100.000 34.17%
1997 3.843.900.000 4.11%
1998 2.765.000.000 -39.02%
1999 2.221.300.000 -24.48%
2000 2.748.400.000 19.18%
2001 2.476.200.000 -10.99%
2002 2.142.500.000 -15.58%
2003 4.533.400.000 52.74%
2004 6.955.300.000 34.82%
2005 3.740.600.000 -85.94%
2006 4.389.400.000 14.78%
2007 10.079.900.000 56.45%
2008 4.172.600.000 -141.57%
2009 12.057.000.000 65.39%
2011 3.069.000.000 -292.86%
2012 7.372.000.000 58.37%
2013 9.138.000.000 19.33%
2014 17.030.000.000 46.34%
2015 8.948.000.000 -90.32%
2016 13.059.000.000 31.48%
2017 11.199.000.000 -16.61%
2018 9.408.000.000 -19.04%
2019 8.852.000.000 -6.28%
2020 8.973.000.000 1.35%
2021 10.321.000.000 13.06%
2022 10.347.000.000 0.25%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Hang Lung Properties Limited Research and Development Expenses
Year Research and Development Expenses Growth
1993 0
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Hang Lung Properties Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
1993 0
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 90.600.000 100%
2000 86.300.000 -4.98%
2001 88.600.000 2.6%
2002 88.300.000 -0.34%
2003 122.700.000 28.04%
2004 121.100.000 -1.32%
2005 205.500.000 41.07%
2006 243.300.000 15.54%
2007 361.100.000 32.62%
2008 383.100.000 5.74%
2009 456.000.000 15.99%
2011 270.000.000 -68.89%
2012 626.000.000 56.87%
2013 642.000.000 2.49%
2014 644.000.000 0.31%
2015 655.000.000 1.68%
2016 607.000.000 -7.91%
2017 580.000.000 -4.66%
2018 637.000.000 8.95%
2019 593.000.000 -7.42%
2020 531.000.000 -11.68%
2021 592.000.000 10.3%
2022 650.000.000 8.92%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Hang Lung Properties Limited EBITDA
Year EBITDA Growth
1993 2.477.100.000
1994 2.434.100.000 -1.77%
1995 2.426.500.000 -0.31%
1996 3.686.100.000 34.17%
1997 3.843.900.000 4.11%
1998 2.765.000.000 -39.02%
1999 1.398.100.000 -97.77%
2000 1.917.800.000 27.1%
2001 1.340.100.000 -43.11%
2002 1.211.200.000 -10.64%
2003 2.675.300.000 54.73%
2004 3.206.000.000 16.55%
2005 5.996.600.000 46.54%
2006 8.807.500.000 31.91%
2007 16.835.500.000 47.68%
2008 6.776.900.000 -148.42%
2009 29.984.000.000 77.4%
2011 3.391.000.000 -784.22%
2012 10.506.000.000 67.72%
2013 9.581.000.000 -9.65%
2014 15.015.000.000 36.19%
2015 7.768.000.000 -93.29%
2016 8.868.000.000 12.4%
2017 11.066.000.000 19.86%
2018 10.978.000.000 -0.8%
2019 14.860.000.000 26.12%
2020 -694.000.000 2241.21%
2021 6.377.000.000 110.88%
2022 6.367.000.000 -0.16%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Hang Lung Properties Limited Gross Profit
Year Gross Profit Growth
1993 2.477.100.000
1994 2.434.100.000 -1.77%
1995 2.426.500.000 -0.31%
1996 3.686.100.000 34.17%
1997 3.843.900.000 4.11%
1998 2.765.000.000 -39.02%
1999 1.843.200.000 -50.01%
2000 2.004.100.000 8.03%
2001 1.685.600.000 -18.9%
2002 1.511.300.000 -11.53%
2003 2.911.200.000 48.09%
2004 3.449.800.000 15.61%
2005 2.352.200.000 -46.66%
2006 2.703.400.000 12.99%
2007 6.597.600.000 59.02%
2008 3.444.200.000 -91.56%
2009 8.982.000.000 61.65%
2011 2.451.000.000 -266.46%
2012 5.742.000.000 57.31%
2013 6.837.000.000 16.02%
2014 13.008.000.000 47.44%
2015 6.548.000.000 -98.66%
2016 8.919.000.000 26.58%
2017 7.910.000.000 -12.76%
2018 6.822.000.000 -15.95%
2019 6.487.000.000 -5.16%
2020 6.481.000.000 -0.09%
2021 7.371.000.000 12.07%
2022 7.253.000.000 -1.63%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Hang Lung Properties Limited Net Profit
Year Net Profit Growth
1993 1.583.600.000
1994 1.669.200.000 5.13%
1995 1.465.700.000 -13.88%
1996 2.577.100.000 43.13%
1997 2.723.800.000 5.39%
1998 1.948.900.000 -39.76%
1999 1.266.400.000 -53.89%
2000 1.432.000.000 11.56%
2001 1.255.300.000 -14.08%
2002 1.010.100.000 -24.27%
2003 2.065.000.000 51.08%
2004 6.845.400.000 69.83%
2005 4.402.600.000 -55.49%
2006 6.370.600.000 30.89%
2007 13.159.100.000 51.59%
2008 4.130.300.000 -218.6%
2009 22.256.000.000 81.44%
2011 2.516.000.000 -784.58%
2012 8.395.000.000 70.03%
2013 7.212.000.000 -16.4%
2014 11.704.000.000 38.38%
2015 5.092.000.000 -129.85%
2016 6.195.000.000 17.8%
2017 8.124.000.000 23.74%
2018 8.078.000.000 -0.57%
2019 9.800.000.000 17.57%
2020 -2.056.000.000 576.65%
2021 4.805.000.000 142.79%
2022 3.836.000.000 -25.26%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Hang Lung Properties Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1993 1
1994 1 0%
1995 1 0%
1996 1 0%
1997 1 0%
1998 1 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 2 100%
2004 2 0%
2005 1 0%
2006 2 0%
2007 3 66.67%
2008 1 -200%
2009 6 80%
2011 1 0%
2012 2 100%
2013 2 0%
2014 3 50%
2015 1 -100%
2016 1 0%
2017 2 0%
2018 2 0%
2019 2 50%
2020 0 0%
2021 1 100%
2022 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Hang Lung Properties Limited Free Cashflow
Year Free Cashflow Growth
1993 -2.123.000.000
1994 -62.400.000 -3302.24%
1995 229.100.000 127.24%
1996 919.400.000 75.08%
1997 1.676.900.000 45.17%
1998 -545.700.000 407.29%
1999 -36.400.000 -1399.18%
2000 -4.725.100.000 99.23%
2001 -568.400.000 -731.3%
2002 -1.092.800.000 47.99%
2003 115.100.000 1049.44%
2004 4.332.800.000 97.34%
2005 627.800.000 -590.16%
2006 431.200.000 -45.59%
2007 6.443.200.000 93.31%
2008 1.005.600.000 -540.73%
2009 5.257.000.000 80.87%
2011 -5.951.000.000 188.34%
2012 -295.000.000 -1917.29%
2013 -4.730.000.000 93.76%
2014 10.061.000.000 147.01%
2015 -720.000.000 1497.36%
2016 4.058.000.000 117.74%
2017 3.781.000.000 -7.33%
2018 -7.121.000.000 153.1%
2019 -6.943.000.000 -2.56%
2020 306.000.000 2368.95%
2021 -30.750.000 1095.12%
2022 1.440.000.000 102.14%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Hang Lung Properties Limited Operating Cashflow
Year Operating Cashflow Growth
1993 1.522.600.000
1994 1.710.800.000 11%
1995 1.624.500.000 -5.31%
1996 1.293.000.000 -25.64%
1997 2.488.600.000 48.04%
1998 -82.800.000 3105.56%
1999 648.800.000 112.76%
2000 -3.727.100.000 117.41%
2001 -155.500.000 -2296.85%
2002 -811.100.000 80.83%
2003 318.400.000 354.74%
2004 4.959.200.000 93.58%
2005 1.846.300.000 -168.6%
2006 2.980.400.000 38.05%
2007 7.790.500.000 61.74%
2008 3.235.300.000 -140.8%
2009 8.923.000.000 63.74%
2011 1.001.000.000 -791.41%
2012 5.033.000.000 80.11%
2013 5.156.000.000 2.39%
2014 15.362.000.000 66.44%
2015 5.460.000.000 -181.36%
2016 6.735.000.000 18.93%
2017 8.557.000.000 21.29%
2018 5.738.000.000 -49.13%
2019 5.319.000.000 -7.88%
2020 3.413.000.000 -55.85%
2021 683.000.000 -399.71%
2022 4.139.000.000 83.5%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Hang Lung Properties Limited Capital Expenditure
Year Capital Expenditure Growth
1993 3.645.600.000
1994 1.773.200.000 -105.59%
1995 1.395.400.000 -27.07%
1996 373.600.000 -273.5%
1997 811.700.000 53.97%
1998 462.900.000 -75.35%
1999 685.200.000 32.44%
2000 998.000.000 31.34%
2001 412.900.000 -141.71%
2002 281.700.000 -46.57%
2003 203.300.000 -38.56%
2004 626.400.000 67.54%
2005 1.218.500.000 48.59%
2006 2.549.200.000 52.2%
2007 1.347.300.000 -89.21%
2008 2.229.700.000 39.57%
2009 3.666.000.000 39.18%
2011 6.952.000.000 47.27%
2012 5.328.000.000 -30.48%
2013 9.886.000.000 46.11%
2014 5.301.000.000 -86.49%
2015 6.180.000.000 14.22%
2016 2.677.000.000 -130.86%
2017 4.776.000.000 43.95%
2018 12.859.000.000 62.86%
2019 12.262.000.000 -4.87%
2020 3.107.000.000 -294.66%
2021 713.750.000 -335.31%
2022 2.699.000.000 73.56%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Hang Lung Properties Limited Equity
Year Equity Growth
1993 29.541.400.000
1994 29.792.700.000 0.84%
1995 30.485.300.000 2.27%
1996 38.260.200.000 20.32%
1997 29.467.700.000 -29.84%
1998 26.292.900.000 -12.07%
1999 27.477.300.000 4.31%
2000 27.019.100.000 -1.7%
2001 26.112.400.000 -3.47%
2002 24.839.200.000 -5.13%
2003 31.973.700.000 22.31%
2004 40.643.300.000 21.33%
2005 43.246.200.000 6.02%
2006 54.276.700.000 20.32%
2007 66.376.900.000 18.23%
2008 68.037.500.000 2.44%
2009 87.944.000.000 22.64%
2011 111.462.000.000 21.1%
2012 117.928.000.000 5.48%
2013 124.534.000.000 5.3%
2014 132.327.000.000 5.89%
2015 128.989.000.000 -2.59%
2016 126.565.000.000 -1.92%
2017 136.158.000.000 7.05%
2018 143.594.000.000 5.18%
2019 147.812.000.000 2.85%
2020 148.188.000.000 0.25%
2021 152.384.000.000 2.75%
2022 143.146.000.000 -6.45%
2023 139.848.000.000 -2.36%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Hang Lung Properties Limited Assets
Year Assets Growth
1993 35.609.100.000
1994 35.384.200.000 -0.64%
1995 35.185.900.000 -0.56%
1996 41.365.100.000 14.94%
1997 34.135.700.000 -21.18%
1998 34.234.300.000 0.29%
1999 37.912.700.000 9.7%
2000 40.546.000.000 6.49%
2001 39.458.300.000 -2.76%
2002 40.865.400.000 3.44%
2003 47.143.900.000 13.32%
2004 53.010.200.000 11.07%
2005 60.366.200.000 12.19%
2006 69.244.000.000 12.82%
2007 84.341.200.000 17.9%
2008 88.508.100.000 4.71%
2009 116.168.000.000 23.81%
2011 150.663.000.000 22.9%
2012 167.864.000.000 10.25%
2013 182.280.000.000 7.91%
2014 193.179.000.000 5.64%
2015 184.018.000.000 -4.98%
2016 174.907.000.000 -5.21%
2017 183.586.000.000 4.73%
2018 186.453.000.000 1.54%
2019 199.980.000.000 6.76%
2020 211.316.000.000 5.36%
2021 224.235.000.000 5.76%
2022 212.688.000.000 -5.43%
2023 210.608.000.000 -0.99%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Hang Lung Properties Limited Liabilities
Year Liabilities Growth
1993 5.944.300.000
1994 5.390.100.000 -10.28%
1995 4.504.200.000 -19.67%
1996 2.885.700.000 -56.09%
1997 4.427.900.000 34.83%
1998 7.672.900.000 42.29%
1999 10.117.200.000 24.16%
2000 13.526.900.000 25.21%
2001 12.884.400.000 -4.99%
2002 14.676.700.000 12.21%
2003 14.235.500.000 -3.1%
2004 11.400.300.000 -24.87%
2005 16.077.100.000 29.09%
2006 13.406.500.000 -19.92%
2007 15.690.600.000 14.56%
2008 17.178.400.000 8.66%
2009 23.542.000.000 27.03%
2011 33.645.000.000 30.03%
2012 43.886.000.000 23.34%
2013 51.113.000.000 14.14%
2014 54.176.000.000 5.65%
2015 49.126.000.000 -10.28%
2016 42.762.000.000 -14.88%
2017 41.341.000.000 -3.44%
2018 42.859.000.000 3.54%
2019 52.168.000.000 17.84%
2020 63.128.000.000 17.36%
2021 71.851.000.000 12.14%
2022 69.542.000.000 -3.32%
2023 70.760.000.000 1.72%

Hang Lung Properties Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.3
Net Income per Share
0.85
Price to Earning Ratio
12.34x
Price To Sales Ratio
4.57x
POCF Ratio
11.44
PFCF Ratio
32.87
Price to Book Ratio
0.35
EV to Sales
8.5
EV Over EBITDA
13.81
EV to Operating CashFlow
21.24
EV to FreeCashFlow
61.06
Earnings Yield
0.08
FreeCashFlow Yield
0.03
Market Cap
47,33 Bil.
Enterprise Value
87,92 Bil.
Graham Number
23.85
Graham NetNet
-13

Income Statement Metrics

Net Income per Share
0.85
Income Quality
0.71
ROE
0.03
Return On Assets
0.02
Return On Capital Employed
0.04
Net Income per EBT
0.65
EBT Per Ebit
0.83
Ebit per Revenue
0.67
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.73
Operating Profit Margin
0.67
Pretax Profit Margin
0.56
Net Profit Margin
0.36

Dividends

Dividend Yield
0.07
Dividend Yield %
7.41
Payout Ratio
0.91
Dividend Per Share
0.78

Operating Metrics

Operating Cashflow per Share
0.92
Free CashFlow per Share
0.32
Capex to Operating CashFlow
-0.65
Capex to Revenue
-0.26
Capex to Depreciation
-34.6
Return on Invested Capital
0.03
Return on Tangible Assets
0.02
Days Sales Outstanding
0
Days Payables Outstanding
778.49
Days of Inventory on Hand
1376.48
Receivables Turnover
0
Payables Turnover
0.47
Inventory Turnover
0.27
Capex per Share
-0.6

Balance Sheet

Cash per Share
1,16
Book Value per Share
29,65
Tangible Book Value per Share
31.82
Shareholders Equity per Share
29.65
Interest Debt per Share
10.28
Debt to Equity
0.34
Debt to Assets
0.22
Net Debt to EBITDA
6.37
Current Ratio
1.38
Tangible Asset Value
143,15 Bil.
Net Current Asset Value
-49,09 Bil.
Invested Capital
0.34
Working Capital
5,63 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
7,20 Bil.
Average Inventory
11229000000
Debt to Market Cap
0.97

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Hang Lung Properties Limited Dividends
Year Dividends Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 1 0%
2006 1 0%
2007 1 0%
2008 1 0%
2009 1 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%

Hang Lung Properties Limited Profile

About Hang Lung Properties Limited

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. The company operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties. Its investment properties portfolio includes shopping malls, office, residential, serviced apartment, hotel, and car parking properties, as well as industrial premises. The company also engages in the apartment operating and management; project management; and property agency activities. In addition, it provides management and financial services. The company was incorporated in 1949 and is headquartered in Central, Hong Kong. Hang Lung Properties Limited is a subsidiary of Hang Lung Group Limited.

CEO
Mr. Wai Pak Lo
Employee
4.126
Address
Standard Chartered Bank Building
Central,

Hang Lung Properties Limited Executives & BODs

Hang Lung Properties Limited Executives & BODs
# Name Age
1 Ms. Shun Ngar Poon
Director of Human Resources & Administration
70
2 Ms. Yuen Wah Ma
Director of General Counsel & Company Secretary
70
3 Mr. Kam Hung Chow
Deputy Director & Head of Corporate Audit
70
4 Mr. Chichung Chan
Executive Chairman of the Board
70
5 Ms. Helen Lau
Deputy Director & Head of Hong Kong Business Operation
70
6 Mr. John Haffner
Deputy Director of Sustainability
70
7 Mr. Wai Pak Lo
Chief Executive Officer & Executive Director
70
8 Mr. Wenbwo Chan
Executive Vice Chair of the Board
70
9 Mr. Ka Kui Chiu
Chief Financial Officer & Executive Director
70
10 Mr. Wai Keung Pau
Deputy Director & Head of Group Service Delivery
70

Hang Lung Properties Limited Competitors