Luxury Slowdown Hits Hang Lung, With Sales Dropping 8%

Hang Lung Properties reported its financial results for the first half of fiscal 2025, revealing widespread softness across its core business lines.

The group posted revenue of HKD 4.968 billion for the six months ended June 30, down 19% year-on-year. The steepest drop came from property sales, which plunged 87% to HKD 161 million.

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