China's Q4 GDP growth was 7.7%-the slowest growth in 14 years,although more than the expected 7.2%.Nonetheless,Citigroup remains bullish on China.The Chinese New Year is generally when shares rally.It is on January 31 this year.*
I think the property market will continue to be strong,said Irene Lee of Hysan Development Company Limited in Hong Kong.We will not stop enhancing our properties.We will not stop making sure that every single building is updated and enhanced.
We are very confident in Causeway Bay.We are very resilient.We will continue to look at opportunities.At Causeway Bay,we make sure we have diverse offerings and are focusing on our locals as well as visitors.*
Listed on the Hong Kong Stock Exchange and having a US ADR programme,Hysan says it is a leading property investment,management and development company.It has an investment property portfolio of over four million sqaure feet of high quality office,retail and residential space,and is the largest commercial landlord in Causeway Bay,a vibrant 24-hour district of Hong Kong.
Typical of Hysan's projects is the landmark Hysan Place tower,which is a mixed use,LEED-certified building with 15 levels of office space and 17 of retail.Located at 500 Hennessy Road,it is directly linked to public transport.*
Hysan is a member of the Dow Jones Sustainability Indexes;the FTSE4Good Index and Hang Seng Corporate Sustainability Index.The company minimises impact to the environment by emphasising energy efficiency;indoor environmental quality;and waste management across its portfolio of buildings.
Hysan also owns and manages some 1200 car parks.*
Hysan Development Co Ltd(OTN:HYSNF)
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