Sun Hung Kai Properties Ltd (0016.HK)
19 Jul 2019
HONG KONG (Reuters Breakingviews) - Hong Kong’s tycoons know scale can come at the cost of coherence. Protests in the city initially focused on the need to stop extraditions to the mainland; but the movement has broadened, and recent rallies have turned violent. That raises risks for investors and businesses, already suffering collateral damage. What happens next is harder to predict too.
HONG KONG, Feb 27 Hong Kong's Sun Hung Kai Properties reported a 31 percent fall in half-year underlying profit, dragged down by a change in accounting standard, and said it expects the property market to be stable in 2019.
HONG KONG, Feb 27 Hong Kong's Sun Hung Kai Properties reported a 31 percent fall in half-year underlying profit on Wednesday, dragged down by a change in accounting standard which leads to later recognition of revenue.