Hang Lung Properties Limited (Hang Lung) is a major property developer with major operations both in China and Hong Kong. It owns a diversified property portfolio including commercial, retail, office, serviced apartment and car park properties. It also develops residential units for sales.
Hang Lung was founded in 1949 and is the property arm of Hang Lung Group limited, a real estate focused investment holding company. It is also a constituent of the Hang Seng Index.
Here are 7 Key Points to Know about Hang Lung.
Ticker symbol: 0101
Market Capitalisation: HK$70.07 Billion
Industry: Real Estate Development
Hang Lung’s business operations are divided into three main segments: China Property Leasing, Hong Kong Property Leasing and Hong Kong Property Sales and Development.
The group owns 8 integrated properties in key China cities such as Shanghai, Tianjin and Shenyang. These assets comprise office, commercial assets and high-end shopping …