Previous close | 141.00 |
Open | 141.00 |
Bid | 140.00 x 50000 |
Ask | 143.00 x 50000 |
Day's range | 139.00 - 141.00 |
52-week range | 127.00 - 177.00 |
Volume | |
Avg. volume | 5 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 23 Jul 2024 - 29 Jul 2024 |
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.
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.
Luxury firms should beef up checks on suppliers to ensure they respect labour laws, according to Italy-wide proposals from Milan's court of justice following worker exploitation probes involving units of LVMH and Giorgio Armani. The proposed scheme, which would not be legally binding, marks an attempt by magistrates in Italy's fashion capital to tackle what they have described in documents seen by Reuters as "a generalised manufacturing method" that put people's lives at risk to boost profit margins.