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Hongkong Land Holdings ( (GB:HKLD) ) has issued an update.
Hongkong Land Holdings Limited reported an 11% increase in underlying profit, excluding China provisions, reaching US$320 million for the first half of 2025. Despite challenges from lower office rents and ongoing renovations in Hong Kong, the company maintained a stable interim dividend and improved its net asset value per share for the first time since 2018. The company has achieved 33% of its US$4 billion capital recycling target, which is part of its Strategic Vision 2035, aimed at reducing net debt and increasing investment capacity. The group’s financial position remains strong with a decline in net debt and a stable valuation of its prime properties, despite geopolitical uncertainties and market challenges.
The most recent analyst rating on (GB:HKLD) stock is a Hold with a $4.80 price target. To see the full list of analyst forecasts on Hongkong Land Holdings stock, see the GB:HKLD Stock Forecast page.
More about Hongkong Land Holdings
Hongkong Land Holdings Limited is a prominent property investment, management, and development group with a focus on ultra-premium integrated commercial assets in Asia’s gateway cities. The company is engaged in the development and management of prime office and retail properties, with significant operations in Hong Kong, Singapore, and the Chinese mainland.
Average Trading Volume: 3,038
Technical Sentiment Signal: Buy
Current Market Cap: $13.66B
Find detailed analytics on HKLD stock on TipRanks’ Stock Analysis page.