Hongkong Land Holdings Ltd
H78: XSES (SGP)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$6.73 | Blffmk | Vmfmvswn |
Hongkong Land's Long-Term Vision Is Maintained After a Century
Business Strategy and Outlook
Hongkong Land's history can be characterized by patience and transformation. The company’s strategy is to acquire and grow a portfolio of high-quality assets in Hong Kong’s CBD. Over more than a century, it assiduously assembled, maintained and upgraded these assets and turned them into a portfolio consisting of the most desirable office addresses and retail locations in the city. The Hong Kong portfolio accounts for nearly 55% of the company’s underlying earnings.