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The Nexus
BUSINESSJul 27 · 06:00 UTCSCMP CHINAPeggy Ye

Hong Kong home sales recovery expected to boost developers’ earnings

Hong Kong property developers are expected to report stronger first-half earnings driven by a rebound in home sales and improved development margins. Bank of America Global Research projects an 8% year-on-year core net profit growth for developers and conglomerates, excluding New World Development.

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Hong Kong property developersorganizationBank of America Global ResearchorganizationNew World Developmentorganizationcore net profit growthtopichome sales recoverytopic
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