Hysan Development: More Resilient Against Retail Woes Than Perceived [Seeking Alpha]
HYSAN DEV CO LTD S/ADR (HYSNY)
NASDAQ:AMEX Investor Relations:
hysan.com.hk/investors
Company Research
Source: Seeking Alpha
Hysan Development: More Resilient Against Retail Woes Than Perceived Summary Limited lease expiry risk, low turnover rent, and less reliance on tourists should partly mitigate the adverse impact on ongoing protests on its retail portfolio. Hysan's office portfolio is a beneficiary of decentralization and co-working trends, and it accounts for close to half of the company's operating profit which mitigates any negative impact from retail. The company's strong balance sheet provides upside optionality in terms of acquisitions, and it is willing to consider new investment opportunities in Causeway Bay. Hysan Development repurchased its own shares for the first time since 2016, and there are indicators suggesting it could possibly buy back more shares if its share price remains depressed. Hysan Development trades at 0.48 times P/B close to its all-time historical low P/B of 0.45 times and at a 15% discount to its five-year average P/B of 0.57 times. Elevator Pitch Hong Kong-listed propert
Show less
Read more
Impact Snapshot
Event Time:
HYSNY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HYSNY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HYSNY alerts
High impacting HYSAN DEV CO LTD S/ADR news events
Weekly update
A roundup of the hottest topics
HYSNY
News
- Hysan Development: Consider Shareholder Capital Return And Financial Leverage [Seeking Alpha]Seeking Alpha
- Annual Fashion Extravaganza CENTRESTAGE Begins Today [Yahoo! Finance]Yahoo! Finance
- Market Darling Abercrombie & Fitch to Make a Full Comeback to HK [Yahoo! Finance Canada]Yahoo! Finance Canada