Hang Lung Properties Vice Chair on 1H Results

The video discusses the impact of currency devaluation on a leasing business, highlighting a 13% increase in RMB terms but only 6% in actual growth. It covers business performance, noting growth in luxury leasing and challenges in the mass market. The speaker shares insights from a road trip across Chinese cities, observing strong retail sales despite market pessimism. Residential markets face challenges, especially in second-tier cities. The company is cautious but open to acquisitions, considering interest rate impacts. Hong Kong shows signs of recovery, with increased commercial rents and foot traffic.

What challenges are mentioned regarding the residential market in second-tier cities?

How have higher interest rates affected the company's internal hurdle rates?

What is the outlook for commercial rents in Hong Kong as mentioned in the text?