Sun Hung Kai Properties Ltd (0016.HK)
HONG KONG, Feb 28 Sun Hung Kai Properties Ltd , Hong Kong's largest real estate company by market value, posted a 57 percent surge in first-half underlying net profit on Tuesday, on the back of higher contribution from development earnings and rental income.
(The following statement was released by the rating agency) HONG KONG, February 16 (Fitch) Fitch Ratings has affirmed Hongkong Land Holdings Limited's (HK Land) Long-Term Issuer Default Rating (IDR) at 'A'. The Outlook is Stable. Fitch has also affirmed HK Land's senior unsecured rating at 'A'. The affirmation reflects the stable rental income from HK Land's investment properties in prime locations in Hong Kong's Central district, which provide strong rental income coverage ratios. Its limit