SEHK:683Real Estate
How Kerry Properties’ 63% Rally in 2024 Shapes the Valuation Debate for 2025
If you are standing at the crossroads with Kerry Properties, you are not alone. After all, just look at those numbers: in the past year, the stock has soared by 63.1%, and it is up 42.0% year to date. For anyone who has been watching the property sector recover and take off in 2024, Kerry Properties has certainly been an intriguing player. Was this surge due to optimism around the broader Hong Kong property market, or does it reflect something changing fundamentally in Kerry’s business? The...