Henderson Land Development Co Ltd
00012: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HK$96.00 | Fly | Fvshwqtvt |
Henderson Land’s 2022 Earnings Disappoint on Weak Demand; FVE Lowered to HKD 40
Business Strategy and Outlook
Henderson Land Development, or HLD, is a leading Hong Kong property developer. It ranks third in square footage in the retail sector, and fourth in the office sector. In residential sales, HLD is usually a top-five developer in terms of units sold and contracted sales. Despite its strong presence across all sectors of Hong Kong real estate, it has limited signature projects.