Hang Lung Properties' Strong Retail Momentum Likely to Continue -- Market Talk

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0413 GMT - Hang Lung Properties' strong retail momentum is set to continue in 4Q, say Citi analysts Cindy Li and Griffin Chan in a note. The Hong Kong-listed property company could sustain 10%-15% same-store sales growth in 4Q, after seeing 10% growth in 3Q, the analysts say. Robust same-store sales growth is likely to continue in 1Q next year, given newly opened and reopened stores and luxury stabilization, they say. While the retirement of the company's chief executive Lo Wai Pak next year came as a surprise to the market, the analyst believes the company's daily operations and long-term strategies will continue. Citi maintains its buy rating and HK$10.10 target price. Shares are up 3.2% at HK$8.96. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

December 18, 2025 23:13 ET (04:13 GMT)

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The Hong Kong-listed property company could sustain 10%-15% same-store sales growth in 4Q, after seeing 10% growth in 3Q, the analysts say. Robust same-store sales growth is likely to continue in 1Q next year, given newly opened and reopened stores and luxury stabilization, they say. While the retirement of the company's chief executive Lo Wai Pak next year came as a surprise to the market, the analyst believes the company's daily operations and long-term strategies will continue. Citi maintains its buy rating and HK$10.10 target price. Shares are up 3.2% at HK$8.96. 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The Hong Kong-listed property company could sustain 10%-15% same-store sales growth in 4Q, after seeing 10% growth in 3Q, the analysts say. Robust same-store sales growth is likely to continue in 1Q next year, given newly opened and reopened stores and luxury stabilization, they say. While the retirement of the company's chief executive Lo Wai Pak next year came as a surprise to the market, the analyst believes the company's daily operations and long-term strategies will continue. Citi maintains its buy rating and HK$10.10 target price. Shares are up 3.2% at HK$8.96. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 18, 2025 23:13 ET (04:13 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00101","symbol_name":"恒隆地產","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2592137390","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592137390","pubTimestamp":1766117580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0413 GMT - Hang Lung Properties' strong retail momentum is set to continue in 4Q, say Citi analysts Cindy Li and Griffin Chan in a note. The Hong Kong-listed property company could sustain 10%-15% same-store sales growth in 4Q, after seeing 10% growth in 3Q, the analysts say. Robust same-store sales growth is likely to continue in 1Q next year, given newly opened and reopened stores and luxury stabilization, they say. While the retirement of the company's chief executive Lo Wai Pak next year came as a surprise to the market, the analyst believes the company's daily operations and long-term strategies will continue. Citi maintains its buy rating and HK$10.10 target price. Shares are up 3.2% at HK$8.96. 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