Fitch Affirms Hysan Development at BBB; Outlook Stable

MT Newswires Live

08/20

Fitch Ratings on Wednesday affirmed Hysan Development's (HKG:0014) long-term foreign-currency issuer default rating at BBB.

The rating outlook is stable.

Fitch said the rating action reflects resilient rental income from Hysan's investment properties in Causeway Bay. The rating agency expects the completion of Lee Garden Eight in the second half of 2026 and proceeds from asset recycling to support Hysan's financial position.

Hysan's ratings could be downgraded if recurring EBITDA-to-gross-interest coverage stays below 2.0x for an extended period or recurring EBITDA fails to remain stable, Fitch said. An upgrade could result from sustained coverage above 2.5x.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/hant/news/2660403874"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2660403874\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2660403874?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-20 12:57","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2660403874","market":"us","top_or_hot":-1,"title":"Fitch Affirms Hysan Development at BBB; Outlook Stable","media":"MT Newswires Live","content":"<html><body><p> Fitch Ratings on Wednesday affirmed Hysan Development's (HKG:0014) long-term foreign-currency issuer default rating at BBB.</p><p>The rating outlook is stable.</p><p>Fitch said the rating action reflects resilient rental income from Hysan's investment properties in Causeway Bay. The rating agency expects the completion of Lee Garden Eight in the second half of 2026 and proceeds from asset recycling to support Hysan's financial position.</p><p>Hysan's ratings could be downgraded if recurring EBITDA-to-gross-interest coverage stays below 2.0x for an extended period or recurring EBITDA fails to remain stable, Fitch said. An upgrade could result from sustained coverage above 2.5x.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fitch Affirms Hysan Development at BBB; Outlook Stable</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFitch Affirms Hysan Development at BBB; Outlook Stable\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time smaller\">2026-08-20 12:57</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><body><p> Fitch Ratings on Wednesday affirmed Hysan Development's (HKG:0014) long-term foreign-currency issuer default rating at BBB.</p><p>The rating outlook is stable.</p><p>Fitch said the rating action reflects resilient rental income from Hysan's investment properties in Causeway Bay. The rating agency expects the completion of Lee Garden Eight in the second half of 2026 and proceeds from asset recycling to support Hysan's financial position.</p><p>Hysan's ratings could be downgraded if recurring EBITDA-to-gross-interest coverage stays below 2.0x for an extended period or recurring EBITDA fails to remain stable, Fitch said. An upgrade could result from sustained coverage above 2.5x.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2226123490.SGD","symbol_name":"Janus Henderson Horizon Asia-Pacific Property Income A5m SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2660403874","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2660403874","pubTimestamp":1787201846,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Fitch Ratings on Wednesday affirmed Hysan Development's  long-term foreign-currency issuer default rating at BBB.The rating outlook is stable.Fitch said the rating action reflects resilient rental income from Hysan's investment properties in Causeway Bay. The rating agency expects the completion of Lee Garden Eight in the second half of 2026 and proceeds from asset recycling to support Hysan's financial position.Hysan's ratings could be downgraded if recurring EBITDA-to-gross-interest coverage stays below 2.0x for an extended period or recurring EBITDA fails to remain stable, Fitch said. An upgrade could result from sustained coverage above 2.5x.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2226123490.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A5m SGD","LU2226123227.USD":"Janus Henderson Horizon Asia-Pacific Property Income A5m USD","BBB":"Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF","BK1229":"房地产经营公司","LU0229494975.USD":"骏利亨德森亚太地产股票基金","00014":"希慎兴业","LU1316543674.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A3 SGD","BK1258":"房地产运营公司","BK1534":"收租股"},"translate_title":"惠誉肯定希慎在 BBB 的发展；前景稳定","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00014":0.9,"BBB":1.5},"content_text":"Fitch Ratings on Wednesday affirmed Hysan Development's (HKG:0014) long-term foreign-currency issuer default rating at BBB.The rating outlook is stable.Fitch said the rating action reflects resilient rental income from Hysan's investment properties in Causeway Bay. The rating agency expects the completion of Lee Garden Eight in the second half of 2026 and proceeds from asset recycling to support Hysan's financial position.Hysan's ratings could be downgraded if recurring EBITDA-to-gross-interest coverage stays below 2.0x for an extended period or recurring EBITDA fails to remain stable, Fitch said. An upgrade could result from sustained coverage above 2.5x.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}