7 Followers HKEX:4 - The Wharf (Holdings) Ltd The Wharf (Holdings) Ltd
Sector: Real Estate, Industry: Real Estate Development
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HKD 21.3    -0.55 (-2.52%)
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7 Dec 2022


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General

CEO: Mr. Tin Hoi Ng

Headquarters: HK

Employees: 6,700

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Description

The Wharf (Holdings) Ltd after the demerger in late 2017 is mostly now a China-focused property developer. The company expect China's assets to contribute 70% to 80% of the earnings, splitting between investment properties and development properties. A small portfolio of Hong Kong assets, consisting of niche luxury residential properties located on the peak, and some industrial and residential assets in Kowloon East, is expected to contribute 15% of the earnings. Incomes from hotel management and logistic businesses account for the rest. The parent company, Wheelock, holds a 70% stake.

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