Hongkong Land: Watch New CEO Appointment And Share Repurchases


Source: seekingalpha.com seekingalpha.com

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Nikada Elevator Pitch Hongkong Land Holdings Limited (OTCPK:HKHGF) (H78:SP) stock is still rated as a Buy. I previously reviewed Hongkong Land's interim financial results for the first half of 2021 in my August 5, 2021 write-up. The company calls itself a "major listed property investment, management, and development group" with a portfolio of "850,000 sq. m. of prime office and luxury retail assets in key Asian cities" on its corporate website. Hongkong Land's shares are undervalued as seen with the company's share repurchases. I am of the opinion that the new CEO appointment will serve as a catalyst to re-rate...