Hang Lung Properties Reports Strong Sales and Footfall Growth During National Day Golden Week
Reuters
Oct 09
Hang Lung Properties Reports Strong Sales and Footfall Growth During National Day Golden Week
Hang Lung Properties Ltd. reported strong preliminary operational results for the first four days of the 2025 National Day Golden Week. The company's Mainland China malls saw total tenant sales rise by approximately 15% year-on-year, with standout performances at Heartland 66 in Wuhan (over 70% increase) and Grand Gateway 66 in Shanghai (over 50% increase). Member sales grew nearly 20% year-on-year. Footfall at Mainland malls improved by 3%, with Center 66 in Wuxi and Heartland 66 in Wuhan both recording increases of over 20%. In Hong Kong, the company's malls experienced a 4% year-on-year rise in footfall, with The Peak Galleria jumping by 26%. These results were driven by marketing campaigns and member promotions during the Golden Week period.
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