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Phillip Capital Management fund manager Li Kwok-suen shared Galligan’s views, saying investors preferred Swire Properties to Swire Pacific and Cathay Pacific.
“But compared to other property stocks, Swire Properties’ performance still lags behind as it has limited land bank in Hong Kong,” he...
Phillip Capital Management fund manager Li Kwok-suen shared Galligan’s views, saying investors preferred Swire Properties to Swire Pacific and Cathay Pacific.
“But compared to other property stocks, Swire Properties’ performance still lags behind as it has limited land bank in Hong Kong,” he said. “It is stable but cannot enjoy the fast growth from property development.”
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Incoming Swire chairman faces uphill task with Cathay Pacific
http://www.scmp.com/property/hong-kong-china/article/2132755/cathay-pacific-and-offshore-marine-business-will-test
Analysts say the task has been cut out for Merlin Bingham Swire, who takes over as chairman of the group’s Asian holding unit and property subsidiary on July 1
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