Real Estate Development

HARBOUR CENTRE

HARBOUR CENTRE released FY2025 9-month earnings on March 5, 2026 (BJT) with actual revenue of HKD 999.5M and EPS of HKD -0.3057

Harbour Centre released FY2025 Q3 earnings on March 5 (BJT), actual revenue HKD 345.5 M, actual EPS HKD -0.025

Haitou Enterprise Announces Loss for Fiscal Year 2025

HARBOUR CENTRE released FY2025 earnings on March 5 Pre-Market (BJT), actual revenue HKD 1.345 B, actual EPS HKD -0.3301

Harbour Centre released FY2025 Q4 earnings on March 5 Pre-Market BJT, actual revenue HKD 345.5 M, actual EPS HKD -0.025

HARBOUR CENTRE to Release FY2025 Annual Earnings on March 5, 2026 Pre-Market BJT

HARBOUR CENTRE released FY2025 Q1 earnings on August 5, 2025 (BJT) with actual revenue of HKD 327 M and EPS of HKD -0.1403

Harbour Centre released FY2025 Q2 earnings on August 5 Pre-Market (BJT), actual revenue HKD 327 M, actual EPS HKD -0.14

HARBOUR CENTRE released FY2025 Semi-Annual earnings on August 5 Pre-Market (BJT), actual revenue HKD 654 M, actual EPS HKD -0.2807

HARBOUR CENTRE to Release FY2025 Semi-Annual Earnings on August 5, 2025 (BJT)

Haigang Enterprises Announces Forfeiture of Unclaimed Dividends

Harbour Centre released FY2024 9 Months Earnings on March 6 (BJT), actual revenue 988.5 M HKD, actual EPS -0.0562 HKD

HARBOUR CENTRE released FY2024 Q3 earnings on March 6 (BJT), with actual revenue of 365.5 M HKD and EPS of -0.045 HKD

Harbour Centre released FY2024 earnings during market hours on March 6 (BJT), with actual revenue of 1.354 B HKD and EPS of -0.1 HKD

Harbour Centre released FY2024 Q4 earnings during market hours on March 6 (BJT), with actual revenue of 365.5 M HKD and EPS of -0.045 HKD

Haigang Enterprises Announces Annual Performance and Dividend Information for the Year Ended December

HARBOUR CENTRE to Release FY2024 Annual Earnings on March 6, 2025, During-Market BJT

Harbour Enterprises announces interim results

HINSANG GROUP

RIVERINE CHINA

PASHUN INT RTS

BRAINAURORA-B

SOFTMEDX

GOLDENPOWER

ZHONGKE GROUP

VISION SYNERGY

GEMILANG INTL

GHPC

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UBS stated that WHARF HOLDINGS recorded a basic profit of HKD 4.1 billion for the fiscal year 2025, an increase of 47% year-on-year, in line with expectations. The profit growth was mainly due to a reduction in impairment provisions related to properties developed in mainland China. WHARF has turned to hold a net cash of HKD 2 billion and maintains an interim dividend of HKD 0.2 per share. Management is optimistic about the luxury residential market in Hong Kong and plans to launch new projects in 2026. UBS has given WHARF a "Sell" rating with a target price of HKD 16.3

AASTOCKS

GREENTOWN CHINA

WHARF HOLDINGS

China Southern CSI All Share Real Estate ETF

WHARF REIC

ChinaAMC CSI All Share Real Estate ETF

"Big Banks" UBS: Wharf's performance last year met expectations, upgraded to Hold with net cash

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Citigroup released a research report detailing the investment ratings and target prices for Hong Kong property stocks. Wharf Holdings was rated as sell, with a target price of HKD 18.3; Henderson Land, HYSAN DEV, SHK PPT, SINO LAND, HANG LUNG PPT, KERRY PPT, FORTUNE REIT, CK ASSET, SWIREPROPERTIES, and WHARF REIC were all rated as buy, with target prices of HKD 30, HKD 24.3, HKD 168, HKD 14.2, HKD 11.2, HKD 23.2, HKD 5.56, HKD 54.55, HKD 23.8, and HKD 30.3 respectively; MTR CORPORATION and CHAMPION REIT were rated as sell, with target prices of HKD 24.5 and HKD 2.03

HYSAN DEV

TST PROPERTIES

SINO HOTELS

HANG LUNG GROUP

KERRY PPT

FORTUNE REIT

SWIREPROPERTIES

HENDERSON LAND

HANG LUNG PPT

MIRAMAR HOTEL

CHAMPION REIT

HENDERSON INV

SINO LAND

CK ASSET

SHK PPT

MTR CORPORATION

"Major Banks" Citigroup's Investment Ratings and Target Prices for Hong Kong Real Estate Stocks (Table)

HARBOUR CENTRE announced its performance for the year ending 2025, with a loss attributable to shareholders widening to HKD 234 million, a significant increase from HKD 70 million in the same period last year. The underlying net loss was HKD 22 million, with a profit of HKD 83 million expected in 2024. Revenue decreased by 0.66% to HKD 1.345 billion, and operating profit fell by 41.8% to HKD 235 million. In Hong Kong operations, hotel occupancy rates improved, and room revenue saw double-digit growth, but income and profit from investment properties dropped by 12%. The net impairment of investment properties was HKD 212 million

Tasty Money

HARBOUR CENTRE (0051) reported a loss of HKD 234 million last year

Harbour Centre Development Limited reported a deeper loss of HK$234 million for 2025, compared to HK$70 million the previous year, with an underlying net loss of HK$22 million. Despite a rebound in its Hong Kong hotel portfolio, investment property earnings declined due to a weak retail recovery and significant impairment charges in mainland China. The board opted not to declare a dividend. The latest analyst rating for the stock (HK:0051) is a Hold with a price target of HK$5.00.

Tip Ranks

Harbour Centre Swings to Deeper Loss as China Property Weakness Offsets Hong Kong Hotel Rebound

Dahonghui's Liang Shaohong sold a four-bedroom mansion located at Mount Nicholson for HKD 323 million, with a usable area of 4,564 square feet, at a price per square foot of approximately HKD 71,209. The unit was purchased in 2016 for about HKD 312 million, held for about 10 years, with a book profit of approximately HKD 11 million, but after deducting related expenses, the actual profit was about HKD 5 million. The buyer is EARTHSTONE LIMITED, with Fu Songyang as the director

"Harbour Mansion" Da Honghui Liang Shaohong sold Mount Nicholson four-bedroom mansion for HKD 323 million

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Hysan Development sold 2,307 units last year, with sales exceeding HKD 26.5 billion, an increase of approximately 20% year-on-year. Property sales accounted for HKD 26.113 billion, with an additional 62 parking spaces sold. Vice Chairman Huang Guangyao stated that the Hong Kong property market performed well, with the price index steadily rising and rents reaching new highs. Hysan will launch 4 new projects this year, including the 6B phase of Deep Water South "GRANDE BLANC" on Hong Kong Island

Yinhua CSI Interior Real Estate Theme ETF

GF CSI All Share Financials ETF

Hwabao WP CSI 800 Real Estate ETF

"Harbour Building" K. Wah International sold a total of 2,307 units last year and will launch 4 new projects this year