Henderson Land Development, Hong Kong’s third-largest developer by market value, expects trying times to continue after reporting a slump in interim earnings as the Covid-19 pandemic and economic recession eroded the value of its assets.“The lingering Covid-19 pandemic, strained Sino-US relations and heightened geopolitical tensions have adversely affected the Hong Kong economy,” it said in an exchange filing late Thursday. “The operating environment for the Group’s various businesses is…
Source : South China Morning Post
Read more…Henderson Land expects trying times to persist, replenishes land bank as pandemic erodes property valuation















