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Hang Lung Properties Reports 16% Profit Drop Amid Market Pressures

1/30/2026

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Summary

Story summary

Hang Lung Properties, the Hong Kong developer, reported 2025 net profit fell 16% to HK$1.8 billion and revenue declined 11% to HK$9.95 billion.
The company notes ongoing pressure in Hong Kong and China's property markets with no quick rebound expected.
Chairman Adriel Chan notes potential in mainland retail as mall rental revenue rose 1% and occupancy increased by two percentage points.
Hang Lung operates 11 retail properties in mainland China.

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Story summary

Hang Lung Properties, the Hong Kong developer, reported 2025 net profit fell 16% to HK$1.8 billion and revenue declined 11% to HK$9.95 billion.
The company notes ongoing pressure in Hong Kong and China's property markets with no quick rebound expected.
Chairman Adriel Chan notes potential in mainland retail as mall rental revenue rose 1% and occupancy increased by two percentage points.
Hang Lung operates 11 retail properties in mainland China.