Hongkong Land Holdings

Results

Hongkong Land narrows FY2021 loss to US$349 mil, maintains dividend

The company plans to pay a final dividend of 16 US cents, for a FY2021 payout of 22 US cents.

Buybacks

Jardine Matheson to spend another US$250 mil for share buy backs

Jardine Matheson's separately-listed subsidiary Hongkong Land has been buying back shares too under its own US$500 mil programme.
Office 'recentralisation' in Hong Kong to benefit landlords like Hongkong Land Holdings: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Office 'recentralisation' in Hong Kong to benefit landlords like Hongkong Land Holdings: CGS-CIMB

The team has identified strong rental growth in Hongkong Land’s IP portfolio as a potential re-rating catalyst.

Broker's Calls

Hongkong Land's share buyback reflects management's positive response to investors' concerns: CGS-CIMB

The group is one of the cheapest Hong Kong landlords as it trades at a 59% discount to end-FY2021 NAV.
Hongkong Land shares surge on US$500 mil share buyback plan - THE EDGE SINGAPORE

Buybacks

Hongkong Land shares surge on US$500 mil share buyback plan

As at June 30, its NAV was US$14.75
CGS-CIMB keeps 'add' call on Hongkong Land, sees performance stabilising - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB keeps 'add' call on Hongkong Land, sees performance stabilising

CGS-CIMB has also kept its TP of US$5.70 unchanged.
Hongkong Land Holdings says Covid-19 will have impact on its full-year performance - THE EDGE SINGAPORE

Results

Hongkong Land Holdings says Covid-19 will have impact on its full-year performance

Shares in Hongkong Land closed 1 US cent lower or 0.2% down at US$4.84 on May 5.
Broker's Digest: Dairy Farm, Hongkong Land, AEM Holdings and Credit Bureau Asia - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: Dairy Farm, Hongkong Land, AEM Holdings and Credit Bureau Asia

See the analysts' recommendations and target prices here.
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