Sun Hung Kai Properties Ltd (0016.HK)
20 Dec 2013
|Market Cap (Mil.):||HK$262,475.50|
|Shares Outstanding (Mil.):||2,704.54|
(The following statement was released by the rating agency) HONG KONG, November 04 (Fitch) Fitch Ratings has affirmed Hong Kong-based Sun Hung Kai Properties Limited's (SHKP) Long-Term Issuer Default Rating (IDR) at 'A' and its Short-Term IDR at 'F1'. The Outlook is Stable. Fitch has also affirmed SHKP's senior unsecured rating at 'A'. KEY RATING DRIVERS Strong investment property portfolio: SHKP owns 28.6m sf GFA of completed investment properties in Hong Kong, with HKD10.2bn in leasing EBI
HONG KONG, Oct 7 - Hong Kong shares fell on Monday, led by Sun Hung Kai Properties on fears of weak demand after local media said the world's second-largest real estate developer was offering cash discounts at a relaunched project.
* China indexes set for biggest weekly gain since February
HONG KONG, Sept 13 - These are some of the leading stories in Hong Kong newspapers on Friday. Reuters has not verified these stories and does not vouch for their accuracy.
NEW YORK, Sept 12 - Hong Kong's A-list property names are making a dash before the year-end for fundraising in the loan market, taking advantage of a recent downward trend in pricing.
* Sun Hung Kai reports 14 pct drop in full-year underlying profit
* China shippers rise again, Baltic Dry Index extends surge
HONG KONG - Hong Kong's powerful property developers are locked in a price war as measures to cool one of the world's most expensive real estate markets force them to impose steep discounts to hit sales targets, with many turning to mainland China to fill the gap.
Sun Hung Kai Properties Limited
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