Financial StabilitySino Land sat on net cash holding of HKD49.5bn, enabling it to pay steady dividends while pursuing value-accretive land acquisitions.
Strategic AcquisitionsSino Land acquired a residential site in Tuen Mun through government tender, strategically located near a future MTR station, which should offer strong transportation connectivity and good marketability.
ValuationThe stock is trading at a 51% discount to the appraised current NAV, offering potential for share price appreciation.