Hang Lung Properties Ltd. reports robust Golden Week performance

Hang Lung Properties Ltd. (SEHK: 00101) announced that its retail portfolio delivered strong preliminary results during the first four days of the 2025 National Day Golden Week (October 1‑4). The company’s Mainland Chinese malls—particularly Heartland 66 in Wuhan and Grand Gateway 66 in Shanghai—recorded tenant sales that rose by more than 70 % and 50 % respectively, while overall sales across Mainland sites increased roughly 15 % year‑on‑year.

In Hong Kong, the company’s malls experienced a steady uptick in visitor traffic, a trend that aligns with the broader recovery of the city’s retail sector. Marketing initiatives, including a series of engaging campaigns and targeted member promotions, are cited as key drivers of the uptick in both footfall and sales. Member‑only sales also contributed noticeably to the growth, underscoring the effectiveness of Hang Lung’s loyalty programs during peak holiday periods.

Financially, Hang Lung’s share price closed at HK$ 8.50 on 7 October 2025, positioned within a 52‑week range that spans from a low of HK$ 5.58 (8 April) to a high of HK$ 9.09 (16 September). With a market capitalization of approximately HK$ 43.18 billion and a price‑to‑earnings ratio of 20.23, the stock remains within the upper mid‑range of valuation multiples for the Hong Kong real‑estate sector.

The company’s ongoing emphasis on property development, ownership, and management across both residential and commercial segments continues to underpin its growth strategy in Hong Kong and mainland China. The recent Golden Week results reinforce Hang Lung’s position as a leading player in the region’s retail real‑estate market.