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Hang Lung Properties
Hang Lung Properties

-7.89%

Real estate / Real Estate and Property Development

At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Company at a Glance

Overview
can be found on their official website. The company is a Hong Kong-based real estate developer and investor, with a focus on premium commercial and residential properties. It was founded in 1960 and has since become one of the leading property developers in Asia. Their portfolio includes a diverse range of properties, from suburban retail complexes to urban mixed-use developments. Hang Lung Properties is committed to creating sustainable and vibrant communities and has received numerous awards for its innovative and high-quality developments.
What is special about the company?
1. Established history: Hang Lung Properties was founded in 1960 and has a long and established presence in the real estate industry, making it one of the oldest and most reputable property developers in Hong Kong.
2. Large portfolio: The company owns and manages a diverse portfolio of properties, including residential, commercial, and mixed-use developments, with a strong focus on high-end luxury properties.
3. International presence: Hang Lung Properties has a global reach, with projects in Hong Kong, mainland China, and other international markets such as the Philippines and Singapore.
4. Commitment to quality: The company has a strong reputation for delivering high-quality developments, with strict standards and attention to detail in every aspect of the design and construction process.
5. Focus on sustainability: Hang Lung Properties is committed to sustainability and green initiatives, incorporating environmentally friendly features into their developments and advocating for sustainable practices.
6. Award-winning projects: The company has received numerous prestigious awards for their projects, including recognition for design, sustainability, and customer service.
7. Strong financial performance: Hang Lung Properties has a solid financial track record and has consistently delivered strong financial results through strategic planning and execution.
8. Corporate social responsibility: The company values giving back to the community and has various philanthropic initiatives, including educational programs, community development projects, and charitable donations.
9. Experienced leadership: The company is led by a team of experienced and skilled professionals with extensive knowledge and expertise in the real estate industry.
10. Customer-centric approach: Hang Lung Properties places a strong emphasis on customer satisfaction and strives to provide a seamless and enjoyable experience for its customers.
What the company's business model?
Hang Lung Properties is a leading property developer in Hong Kong and mainland China with a focus on developing and managing high-end commercial and residential properties. Its business model can be described as follows:
1. Property Development: The company is primarily engaged in the development of high-end commercial and residential properties in key cities in Hong Kong and mainland China. It identifies suitable land for development, designs and builds the properties, and then sells or leases them to buyers or tenants.
2. Property Investment: In addition to property development, Hang Lung Properties also invests in income-generating properties such as shopping malls, office buildings, and hotels. These properties provide a steady stream of rental income to the company.
3. Property Management: Hang Lung Properties also manages its own properties and provides a range of property management services to other property owners. This includes leasing, marketing, maintenance, security, and financial management services.
4. Retail Business: The company owns and operates a chain of high-end shopping malls in Hong Kong and mainland China. This business line contributes to the company's recurring income streams and helps increase customer traffic to its properties.
5. International Expansion: Hang Lung Properties is actively expanding its presence in other markets beyond Hong Kong and mainland China. This includes investing in projects in other key Asian cities such as Shanghai, Shenyang, Wuxi, Jinan, and Tianjin.
6. Sustainable Development: The company is committed to sustainable development and has integrated environmental, social, and governance (ESG) considerations into its business operations. It strives to create value for stakeholders while minimizing its impact on the environment and promoting social responsibility.
Overall, Hang Lung Properties' business model is focused on developing and managing high-quality properties in strategic locations, diversifying its income streams, and pursuing responsible and sustainable growth.
Interesting facts about the company
1. Hang Lung Properties Limited is a leading property developer in Asia with a total market capitalization of over HK$140 billion (US$ 18 billion).
2. The company was founded in 1960 by Mr. Ronny Ho of the Ho family, one of the wealthiest business dynasties in Hong Kong.
3. Hang Lung Properties has a diverse portfolio of properties including shopping malls, commercial and office buildings, residential projects, and hotels.
4. The company has a strong presence in major cities in Mainland China including Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, and Wuhan.
5. Hang Lung Properties is also the largest landlord in Hong Kong’s Central district, with prime properties such as Plaza 66 and the iconic Peak Tower.
6. In 2003, the company completed the construction of Shanghai Times Square, which was the first project to receive LEED Gold certification in Mainland China, for its sustainable design and construction.
7. Hang Lung Properties is committed to corporate social responsibility and has won numerous awards for its efforts in promoting sustainability, community engagement, and cultural preservation.
8. The company also has a strong focus on innovation and technology, with several digital initiatives in its shopping malls to enhance the customer experience.
9. Hang Lung Properties is listed on the Hong Kong Stock Exchange and has been included in the Hang Seng Corporate Sustainability Index for seven consecutive years.
10. The company’s tagline is Building Excellence, Living Beautifully and it strives to create not only quality properties but also vibrant and livable communities for its customers.
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