Henderson Land Development Co Ltd 12.HK

Henderson Land Development Co., Ltd. is an investment holding company located in Hong Kong and serving both the local market and China. Established in 1976, the company specialises in property development and investment as well as related fields such as construction, infrastructure, and project management.

Henderson Land Development Co., Ltd. is listed on the Hong Kong Stock Exchange (HKEX) under the ticker 0012.HK. Stock prices in late 2020 were approaching the 4.00 HKD mark, and those waiting to buy noted that the share price has enjoyed a monthly performance improvement of well over a percentage point in some recent months. The firm’s overall market capitalisation was estimated at just north of $18bn at one stage in 2020.

During the coronavirus pandemic, the firm benefited from an injection of cash in the form of a subsidy. Overall, it was provided with 50m HKD. The company operates by lending brownfield land (or unused land with commercial potential) to the Hong Kong government so that it can build homes for residents of Hong Kong.

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