SEHK:10Real Estate
What Hang Lung Group (SEHK:10)'s Golden Week Sales Surge Means For Shareholders
Hang Lung Properties announced strong operational results from its Chinese mainland and Hong Kong properties during the National Day Golden Week, including major sales and visitor increases, especially at Heartland 66, Grand Gateway 66, and Hong Kong’s Peak Galleria.
Sales growth in mainland malls resumed in the third quarter, reversing earlier declines, highlighting the impact of flagship store openings and reinvigorated consumer activity.
With tenant sales rebounding and new flagship...