Hongkong Land: Consider Portfolio Optimization And Office Property Market Outlook

The Value Pendulum
Investing Group Leader
(8min)

Summary

  • Hongkong Land remains a Buy with potential portfolio optimization moves and the improved outlook for Hong Kong's office property market.
  • HKHGF could engage in a number of value-accretive portfolio optimization moves, such as rejuvenating its Landmark Atrium retail asset.
  • The demand-supply dynamics for the Hong Kong office property market have become better, taking into consideration industry statistics, relevant news flow, and the company's recent operating metrics.
  • Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More »

Classic sailboat in Hong Kong harbor

IakovKalinin/iStock via Getty Images

Elevator Pitch

My rating for Hongkong Land Holdings Limited (OTCPK:HKHGF) (OTCPK:HNGKY) [H78:SP] stays as a Buy. Earlier, I wrote about the company's new CEO and its share buybacks in my January 1, 2024 update.

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This article was written by

The Value Pendulum
12.65K Followers

The Value Pendulum is an Asian equity market specialist with over a decade of experience on both the buy and sell sides.

He is the author of the investing group Asia Value & Moat Stocks, providing ideas for value investors seeking investment opportunities listed in Asia, with a particular focus on the Hong Kong market. He hunts for deep value balance sheet bargains and wide moat stocks and provides a range of watch lists with monthly updates within his investing group.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of HONGKONG LAND [H78:SP] either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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