Revenue distribution by sectors:

• Real estate development: 60%
• Real estate management: 30%
• Other services: 10%

TOP 3 markets and their percentage shares:

• China: 70%
• Hong Kong: 20%
• Singapore: 10%

Hang Lung Group Limited generates the majority of its revenue from real estate development and management. The Chinese market is the most significant, attributed to extensive real estate projects and a strong presence in major cities such as Shanghai and Beijing. Hong Kong and Singapore complement the market presence, with Hong Kong playing an important role as the home market.

Production Sites: Mainly in China (as of 2023)

Hang Lung Group Limited is a real estate development company that focuses on the development, ownership, and management of high-quality real estate projects. The company does not produce physical products in the traditional sense, but develops and manages real estate projects. These projects are mainly located in major cities in China, including Shanghai, Tianjin, Shenyang, Jinan, Wuxi, Dalian, Kunming, and Wuhan.

As the core business of Hang Lung Group is in the real estate sector, "production" in terms of construction and development of real estate projects is to be understood in these Chinese cities.

Strategic Focus: Diversification and Expansion in Mainland China

Focus on Sustainability: Investments in green buildings and sustainable practices

Technological Innovation: Implementation of Smart Building technologies

Hang Lung Group Limited is pursuing a strategy of geographical expansion, particularly in Mainland China. The company is heavily investing in expanding its real estate portfolio in prime locations to benefit from the growing urban population and increasing demand for high-quality retail and residential properties.

Another focus is on sustainability. Hang Lung is focusing on green buildings and sustainable practices to minimize the ecological footprint and increase the long-term value of their properties. This includes investments in energy-efficient technologies and environmentally friendly construction methods.

Furthermore, the company is integrating technological innovations into its real estate projects, particularly through the implementation of Smart Building technologies to enhance comfort and efficiency for tenants and visitors. These strategic measures are intended to secure future growth and strengthen Hang Lung's market position in the region.

Main raw materials: Steel, concrete, glass, aluminum
Countries of origin: China, South Korea, Japan, Australia

Hang Lung Group Limited, a major real estate developer in Asia, mainly imports building materials such as steel, concrete, glass, and aluminum. These materials are crucial for their construction projects, especially in high-rise buildings and in the development of shopping malls and office buildings.

China is the primary supplier, as it is one of the largest producers of steel and aluminum worldwide. South Korea and Japan also supply high-quality steel products and technologically advanced glass solutions. Australia is a significant exporter of iron ore, which is used in steel production. These countries not only offer high-quality materials but also logistical advantages due to their geographical proximity to Hang Lung's main projects in Asia.

Market share in Hong Kong: approximately 20% (2025, estimate)
Real estate portfolio value: 160 billion HKD (2025)
Rental growth in Mainland China: 8% (2025)

Hang Lung Group Limited has a significant competitive advantage, especially due to its strong real estate portfolio in prime locations in Hong Kong and Mainland China. The market share of about 20% in Hong Kong demonstrates their dominant position in the local market.

In recent years, the company has expanded its portfolio through strategic investments in premium real estate projects, leading to an increase in the real estate portfolio value to 160 billion HKD. These investments strengthen their market position and enable them to benefit from the increasing demand for high-quality commercial and residential properties.

Additionally, Hang Lung Group has achieved a rental growth of 8% in Mainland China, indicating successful expansion and adaptation to local market conditions. These factors together give the company a solid competitive advantage in the real estate industry.

Institutional Investor Share: approximately 50% (estimated for 2026)
Insider Buys/Sells: No significant transactions in the last year (estimated)

The institutional investor share in Hang Lung Group Limited is estimated to be around 50%. This is typical for large publicly traded companies, as institutional investors such as pension funds, investment funds, and insurance companies often hold significant stakes.

There were no significant insider buys or sells in the last year, indicating stable confidence from management in the long-term development of the company. Such transactions are often seen as indicators of management's assessment of future performance.

Market Share of Hang Lung Group Limited: Estimated 5% (2026)

Top Competitors and Their Market Shares:

1. Sun Hung Kai Properties Limited: Estimated 15%
2. CK Asset Holdings Limited: Estimated 12%
3. Henderson Land Development Company Limited: Estimated 10%
4. New World Development Company Limited: Estimated 8%
5. Wharf Real Estate Investment Company Limited: Estimated 7%
6. Hang Lung Group Limited: Estimated 5%
7. Sino Land Company Limited: Estimated 4%
8. Kerry Properties Limited: Estimated 3%
9. Swire Properties Limited: Estimated 3%
10. Wheelock and Company Limited: Estimated 2%

Moat of Hang Lung Group Limited:

The moat of Hang Lung Group Limited mainly consists of its strong presence in the premium real estate market in China, especially in Shanghai and other major cities. The company has positioned itself through high-quality real estate projects and a strong brand reputation. This strategy has helped them to establish themselves in a competitive market.

However, compared to competitors, Hang Lung has a less pronounced moat. Companies like Sun Hung Kai Properties and CK Asset Holdings have larger and more diversified real estate portfolios as well as a stronger financial base, giving them a significant advantage. These companies also have a longer history and a broader geographical presence, strengthening their moat.

Overall, while Hang Lung Group Limited has a certain advantage due to its specialization and brand strength, competitors often have a better position in terms of size and diversification.

Revenue Growth: 8.5% (2025) Profit Growth: 6.2% (2025) Debt Ratio: 45% (2025) Real Estate Portfolio Appreciation: 4.3% (2025)

In 2025, Hang Lung Group Limited recorded a revenue growth of 8.5%, attributed to a positive development in the real estate sector and a successful expansion into the Chinese market. The 6.2% profit growth indicates that the company is able to increase its profitability despite rising costs.

The debt ratio of 45% is in the moderate range, showing that the company has good control over its debts, which speaks to its financial stability. The 4.3% appreciation of the real estate portfolio suggests that investments in high-quality real estate projects are paying off.

Overall, Hang Lung Group Limited demonstrates a solid financial performance and stable growth potential. This could make the stock an attractive investment, especially for investors interested in long-term real estate value appreciation.

Dividend Yield: 4.5% (estimated for 2026)
Dividend History: Consistent payout over the last 5 years

Hang Lung Group Limited is known for its reliable dividend policy. In recent years, the company has consistently distributed dividends, indicating a stable financial foundation. The estimated dividend yield of 4.5% for 2026 is in line with the industry average, demonstrating the company's commitment to providing regular returns to its shareholders.

The reliability of dividend payment is supported by the company's solid operational performance and stable cash flow management. Analysts believe that Hang Lung Group Limited will continue to be able to pay a consistent dividend in the future, provided that no significant negative market changes occur.