{"id":121354,"date":"2021-08-10T17:30:10","date_gmt":"2021-08-10T10:30:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharfs-first-half-results-improve-helped-by-resurgent-sales-of-luxury-homes-in-hong-kong-and-strong-consumption-in-china\/"},"modified":"2021-08-10T18:03:34","modified_gmt":"2021-08-10T11:03:34","slug":"wharfs-first-half-results-improve-helped-by-resurgent-sales-of-luxury-homes-in-hong-kong-and-strong-consumption-in-china","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharfs-first-half-results-improve-helped-by-resurgent-sales-of-luxury-homes-in-hong-kong-and-strong-consumption-in-china\/","title":{"rendered":"Wharf\u2019s first-half results improve, helped by resurgent sales of luxury homes in Hong Kong and strong consumption in China"},"content":{"rendered":"


\nWharf Holdings, one of Hong Kong\u2019s biggest builders of luxury homes and shopping centres, improved its first-half financial results, as strong sales of ultra-expensive residences and investment gains bolstered its bottom line.The company\u2019s underlying interim net loss narrowed by 53.5 per cent to HK$526 million (US$67.58 million) from HK$1.13 billion loss in the first half of 2020, after an impairment charge of HK$3.65 billion, Wharf said in a filing to the Hong Kong stock exchange. Including\u2026
\n
\nSource : South China Morning Post
\nRead more…Wharf\u2019s first-half results improve, helped by resurgent sales of luxury homes in Hong Kong and strong consumption in China<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wharf Holdings, one of Hong Kong\u2019s biggest builders of luxury homes and shopping centres, improved...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-121354","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vzk","jetpack-related-posts":[{"id":172350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-firms-up-balance-sheet-as-hong-kong-home-sales-cushion-profit-slump\/","url_meta":{"origin":121354,"position":0},"title":"Wharf firms up balance sheet as Hong Kong home sales cushion profit slump","date":"August 11, 2026","format":false,"excerpt":"\r Hong Kong developer Wharf (Holdings) is increasingly relying on Hong Kong\u2019s luxury-home market to offset weakness in mainland China, while paring investments and building up cash as it navigates an uncertain outlook. Revenue from Wharf\u2019s Hong Kong development properties nearly tripled to HK$1.35 billion (US$172 million) from HK$475 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54131,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canary-wharfs-luxury-one-park-drive-apartments-to-go-on-sale-in-hong-kong\/","url_meta":{"origin":121354,"position":1},"title":"Canary Wharf\u2019s luxury One Park Drive apartments to go on sale in Hong Kong","date":"May 9, 2017","format":false,"excerpt":"\r Canary Wharf Group, which has transformed London\u2019s once-derelict Docklands into a prime office location over the past 20 years, says it is time to expand into residential development in the British capital\u2019s business centre. Brian De\u2019ath, director of residential sales, said the group has built and owns a portfolio\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-posts-first-half-profit-as-hong-kong-luxury-market-offsets-mainland-woes\/","url_meta":{"origin":121354,"position":2},"title":"Wharf posts first-half profit as Hong Kong luxury market offsets mainland woes","date":"August 12, 2025","format":false,"excerpt":"\r Hong Kong developer Wharf (Holdings) swung to a profit in the first half, supported by lower borrowing costs and a recovery in the city\u2019s luxury housing market that offset weaker demand in its mainland China operations. Profit attributable to equity shareholders came in at HK$535 million (US$68.2 million), reversing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124028,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lifestyles-of-the-ultra-wealthy-2-hong-kong-addresses-commanded-the-citys-5-costliest-homes-in-2021\/","url_meta":{"origin":121354,"position":3},"title":"Lifestyles of the ultra wealthy: 2 Hong Kong addresses commanded the city\u2019s 5 costliest homes in 2021","date":"December 31, 2021","format":false,"excerpt":"\r Hong Kong saw the record for per square foot prices of luxury homes being set a couple of times in 2021.Most of these transactions were concentrated in two areas: Mount Nicholson on The Peak and 21 Borrett Road in Mid-Levels.Nan Fung Development and The Wharf (Holdings) paid HK$10.4 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103214,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-home-sales-in-hong-kong-hit-record-us24-6-billion-last-year-says-centaline-report\/","url_meta":{"origin":121354,"position":4},"title":"Luxury home sales in Hong Kong hit record US$24.6 billion last year, says Centaline report","date":"January 23, 2019","format":false,"excerpt":"\r Sales of luxury homes in Hong Kong smashed all previous records last year, according to research by Centaline Property Agency. But whether that momentum can be maintained in 2019 will depend on the outcome of the US-China trade war, analysts warned. The number of homes that sold for HK$20\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71947,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharfs-commercial-property-spin-off-to-go-public-on-november-23\/","url_meta":{"origin":121354,"position":5},"title":"Wharf\u2019s commercial property spin-off to go public on November 23","date":"November 16, 2017","format":false,"excerpt":"\r Wharf Holdings\u2019 new commercial properties spin-off, Wharf Real Estate Investment Company (REIC), is scheduled to list on the main board of the Hong Kong stock exchange, on November 23. One of Hong Kong\u2019s biggest landowners, Wharf Holdings said on Wednesday the spin-off and listing of Wharf REIC provides a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121354"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=121354"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121354\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}