Previous close | 727.10 |
Open | 714.50 |
Bid | 717.90 x 0 |
Ask | 718.40 x 0 |
Day's range | 712.80 - 719.60 |
52-week range | 648.40 - 890.70 |
Volume | |
Avg. volume | 22 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Hongkong Land announced a more than $1 billion, three-year investment in ultra-luxury retail in the heart of the city's financial district on Wednesday. The commercial property developer, which is 53.3% owned by Jardine Matheson, said it planned to invest $400 million, with $600 million coming from tenants, on 10 two-to-eight-storey Maison destinations within existing developments. Located in Hong Kong's Central business district, strategic tenants of the developments include luxury names such as Sotheby's auction house, Cartier, Tiffany & Co and Louis Vuitton, whom Hongkong Land said had a "very strong intention" to expand their content and customer experience.
The Arnaults' clout in the luxury world has conjured "Succession" parallels over who might take over. But Bernard Arnault doesn't plan to retire just yet.
Property developer Hongkong Land on Wednesday announced an investment of more than $1 billion over the next three years in a prime shopping mall in the heart of the city's financial district. Hongkong Land, which is 53.3% owned by Jardine Matheson , said it planned to invest $400 million in the project, with an additional $600 million coming from tenants. Located in Hong Kong's Central business district, the new Landmark project will house luxury names such as Sotheby's auction house, Cartier, Tiffany & Co and Louis Vuitton.