The ongoing saga surrounding China’s largest private property developer – Country Garden Holdings, who failed to pay coupons on the bonds due 6 August 2023, has exacerbated the fear on the property cashflow situation – keeping investors on the tenterhooks on the industry latest situation.
This adds on fuel to another already-done embattled Chinese property developer Evergrande which has taken the market by the storm with each passing day.
Because of that, it is no surprising that when you combine property together with the word Hongkong or China, investors would shun immediately right through it.
In this article, we’ll explore why Hongkong Land is different from the others and why investors should consider this undervalued gem.
Introduction to Hongkong Land:
Hongkong Land is a major listed property investment, management, and development group.
Founded in 1889, Hongkong Land’s business is built on excellence, integrity and partnership.
The Group owns and manages more than 850,000 square metres of prime office and luxury retail assets...