Wharf firms up balance sheet as Hong Kong home sales cushion profit slump
Hong Kong developer Wharf (Holdings) is increasingly relying on Hong Kong’s luxury-home market to offset weakness in mainland China, while paring investments and building up cash as it navigates an uncertain outlook. Revenue from Wharf’s Hong Kong development properties nearly tripled to HK$1.35 billion (US$172 million) from HK$475 million in the first half, with operating profit rising more than…
We haven't written up this one. South China Morning Post - Hong Kong has the full story — the link below goes straight to it.
This story
This is one outlet's version. Read the fullest account.
- Hong Kong stablecoin selection expands with Standard Chartered-led venture’s launch scmp.com
- Chinese online fashion group Shein to launch cut-price £22bn stock market listing in Hong Kong next week thisismoney.co.uk
- Shein plans to launch Hong Kong IPO as soon as next Wednesday, sources say investing.com
- Shein plans to launch Hong Kong IPO as soon as next Wednesday, sources say channelnewsasia.com
