Dossier
Mainland China office market
Coverage of Mainland China office market in the Nexus archive.
- Hang Lung profit falls as property losses and weak offices offset record mall rents
Hang Lung Properties' underlying profit fell 10% to HK$1.44 billion in H1 2023 due to property sales losses, higher finance costs, and weak mainland China office market demand, despite a 23% revenue increase driven by Hong Kong residential project handovers like The Aperture and record mall rental income.