On August 21, HENDERSON LAND rose 4.47% in regular trading, trading at HKD 29.84/share, with turnover of HKD 74.68 million. The rally follows the company's release of strong interim results after market close the previous day.

HENDERSON LAND reported attributable profit of HKD 4.09 billion for the six months ended June 30, representing a 41% year-over-year increase. Underlying profit surged 66% to HKD 5.071 billion, primarily driven by significant gains from Hong Kong property sales and government land resumption in the New Territories. Revenue jumped to HKD 17.2 billion from HKD 9.6 billion in the prior-year period, while earnings per share climbed to HKD 0.84 from HKD 0.60. The board declared an interim dividend of HKD 0.50 per share, payable September 17.

Additionally, the company announced plans to launch 8 residential development projects in Hong Kong during the second half, signaling an accelerated sales pipeline. The convertible bond conversion price was adjusted downward to HKD 33.91, effective September 9, triggered by the interim dividend distribution.

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