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Hang Lung Properties
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 / company

Hang Lung Properties

Hang Lung Properties
Hang Lung Properties
Hang Lung Properties, formerly Amoy Properties and part of the Hang Lung Group, is a headquartered in Hong Kong and a constituent stock in the blue chip Hang Seng Index. Hang Lung Properties Ltd was incorporated in 1949 and was taken over by Hang Lung Group in 1980. It became the property investment arm of Hang Lung Group Ltd after the group re-organisation in 1987. The company is led by Ronnie Chan.
Chairman / President
Mr. Adriel Chan
CEO / Managing Director
Weber Wai Pak Lo
CFO / Finance Director
Kenneth Ka Kui Chiu
Industry
Property
Website
hanglung.com
Headquarters address
28th Floor, 4 Des Voeux Road Central, Hong Kong
Stock Code
SEHK:00101
Year founded
1960
The latest Sierra Sea offering includes 244 two-bedroom and 106 three-bedroom units. Photo: Edmond So
Hong Kong property

SHKP posts another Sierra Sea sell-out as Hong Kong property rebound strengthens

Fifth consecutive sell-out at Sai Sha development shows recovery gathering pace, with analysts forecasting further price increases ahead.

China property

Hang Lung flags ‘tough slog’ for property, looks to mainland malls for growth

Hong Kong environmental issues

Opinion | Hong Kong needs to ask the hard questions about its net-zero challenge

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China property

Shanghai retail landscape evolves with new malls, shift to experiential shopping

Hang Lung, New World and Swire are renovating and expanding their malls in Shanghai to stay relevant in a competitive environment.

Malls in Shanghai are revamping with new concepts to keep consumers interested. Photo: Reuters
China property

How China’s ‘emotional spending’ trend is transforming shopping malls

Pop Mart takes over prime spots once reserved for high-end luxury brands as retail landlords scramble to adjust to changing consumer habits.

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Hong Kong property

Hang Lung earnings drop 14% as developer flags risks from tariff war, rates

Economic uncertainties may stall interest rate cuts by the Federal Reserve, hurting consumer spending and business expansion.

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Hong Kong stock market

Hong Kong stocks fall on worries about China’s deflationary pressure

Henderson Land Development falls after raising US$1 billion from the sale of convertible bonds.

A view of Victoria Harbour. Photo: Sam Tsang
Hong Kong stock market

Hong Kong stocks fall by most in 2 months on Fed inflation warning, oil jitters

Fed Chair says increases in tariffs are likely to stoke prices, with officials waiting to assess the impact when a truce expires on July 9.

Hong Kong

The hottest new openings in Hong Kong, May 25 – June 1

From Hygge’s cosy vibes and Tabià‘s Italian charm, to Fenty Beauty’s pop-up and Net-Work’s premium co-working space.

Hong Kong property

Hong Kong developer Hang Lung diversifies amid consumer challenges

‘We have to improve ourselves and make sure that our offering is relevant,’ CEO Weber Lo says.

A girl plays among candy decorations outside a shop at Peak Galleria in Hong Kong on August 4, 2024. Photo: Dickson Lee
Hong Kong property

Hang Lung Properties net falls on lower leasing profits, higher finance costs

Company says it faces headwinds in China and Hong Kong.

Hang Lung’s Plaza 66 in Shanghai. Photo: Hang Lung Properties
Business of climate change

Hang Lung pushes for faster decarbonisation in construction sector

Developer urges quicker regulatory progress and pilot programmes to expedite low-carbon material adoption, vital for decarbonising the sector.

Hong Kong property

Hang Lung Properties’ profit sinks 56% amid Hong Kong, mainland China slowdown

First-half net profit fell to HK$1.06 billion (US$135.7 million), from HK$2.39 billion a year earlier on lower rental revenues, higher costs.

Banking & finance

Hong Kong stocks recorded biggest weekly loss since January as 4-month rally cools

Hong Kong stocks fell for a fourth straight day and capped their biggest weekly loss since January, with a lack of positive earnings surprises and waning rate cut hopes adding to the gloom.

Pedestrians walk past Exchange Sqaure in Central under rainy and gusty conditions. Photo: Eugene Lee
China property

Hong Kong developer Hang Lung to expand flagship Shanghai mall Plaza 66

Hang Lung Properties is targeting discerning Chinese consumers’ penchant for luxury goods as it prepares to undertake the expansion of its flagship mall in Shanghai.

Plaza 66 is a high-end 592,000 sq ft mall in Shanghai’s West Nanjing Road. Photo: Handout
Banking & finance

Adriel Chan to succeed his father Ronnie Chan at Hong Kong’s Hang Lung Group

Hong Kong developer Hang Lung named Adriel Chan to succeed his father Ronnie Chan as its chairman, at a time when the real estate market is coming under more pressure and home prices are at a seven-year low.

China property

Hang Lung Properties reports 23 per cent profit growth amid slow economy

Net profit rose to HK$2.39 billion (US$306 million) in the first half, while total revenue dropped 1 per cent even as mall revenue rebounded. Still, ‘plenty of uncertainties’ persist, both domestically and internationally, company says.

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China-Middle East relations

Exclusive | Saudi minister calls for people exchanges to enhance trade

The minister’s comment came at the of the first day of the 10th edition of a two-day conference attended by more than 3,500 delegates of 23 different nationalities.

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Saudi Investment Minister Khalid A. Al-Falih (right) and Hong Kong businessman Ronnie Chan Chi-chung (left) met after a gala dinner at the Arab-China Business Conference in Riyadh. Photo: Kinling Lo
Banking & finance

Exclusive | Hong Kong’s ‘moneymaking genes’ help it trump charmless Singapore: Ronnie Chan

While some international cities that are well-equipped with hotels and airports are ‘artificial’ and ‘super boring’, Hong Kong is also ‘full of charm’, says Ronnie Chan Chi-chung of Hang Lung Properties.

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Hong Kong property

Hong Kong should go to Middle East ‘if there is money to be made’: Hang Lung chief

Hong Kong needs to look beyond the East and the West, and go anywhere “if there is money to be made”, including the Middle East, Hang Lung Properties Chairman Ronnie Chan says.

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Hong Kong property

Analysis | Hong Kong developers face HK$109 billion debt mountain as interest rates soar

As in the years from 1997 to 2003, a struggling housing market, slowing economy and surging interest rates are making the debt levels of the city’s home builders a cause for concern.

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A struggling housing market, slowing economy and surging interest rates are making the debt levels of the city’s home builders a cause for concern. Illustration: Brian Wang
Hong Kong property

Magnate warns of tough times as Hang Lung kicks off results season

The comments by Chan showed how Hong Kong has been caught since 2019 by a series of turbulent events, including months of anti-government protests, US sanctions and a Covid-19 pandemic in its third year.

Hang Lung Centre in Causeway Bay on 24 January 2017. Photo : Christopher DeWolf
China property

Hong Kong firms Kerry, Hang Lung looking at ways to support Shanghai tenants

Areas to the east of the Huangpu River – including the Pudong New Area where about 5.7 million people live – come out of their lockdown on Thursday night. The second stage starts on Friday, and will see Puxi, to the west of the Huangpu River, shut down for four days.

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Coronavirus India

Coronavirus: Hong Kong turns to mainland China, private sector for supplies

Commerce chief Edward Yau says government has sent a list of needed supplies to Chinese authorities to fight escalating outbreak.

Coronavirus Hong Kong

Tycoon Ronnie Chan urges Hong Kong to rethink tough Covid-19 stance

The billionaire chairman of Hang Lung Properties said the city’s measures, which include strict social distancing rules and a lengthy quarantine period, make life difficult for businesses.

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The government imposed a five-day lockdown at Ha Kwai House on the Kwai Chung Estate after five preliminary positive Covid-19 cases were found. Photo: Jelly Tse
Hong Kong property

Hong Kong homebuyers snatch up 145 flats in big weekend sale

With nearly 500 flats on offer on Saturday, Hong Kong marked its biggest weekend sale for homebuyers since September.

People line up at Hang Lung Properties’ The Aperture development in Kowloon Bay on December 18, 2021. Photo: Xiaomei Chen
Weekend Property

Buyers snap up the first homes to launch in Kowloon Bay in 40 years

The brisk take-up reflects improving sentiment among homebuyers as Hong Kong inched closer towards quarantine-free travel to mainland China.

Hong Kong property

Hang Lung’s Shouson Hill Road project to feature ‘5 or 6’ villas

The ultra luxury project on will only have five to six houses, each measuring 10,000 sq ft, with sweeping views of Deep Water Bay, says CEO Weber Lo.

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