China’s Luxury Malls Will Do Well in 2021: Hang Lung’s Chan

The transcript discusses the real estate market in Hong Kong and Mainland China, focusing on the bifurcation between luxury and mass markets. It highlights the impact of COVID-19 on work trends and market performance, noting that luxury markets are thriving while commercial rentals face challenges. The discussion also covers the social unrest in Hong Kong and its effect on tourism and consumer spending. The potential impact of vaccines on the market and future projects in luxury shopping centers are also explored.

What are the expectations regarding the work-from-home trend in the future?

How do you think the introduction of a vaccine will affect the rental market?

What are the prospects for luxury shopping centers in China moving forward?