14k Posted October 3, 2010 Report Share Posted October 3, 2010 REITs, quoted in HK : Fortune, Sunlight, Champion, LINK, etc Was wondering if there were any views on REIT's in particular those based in HK (as I am "HK based"), e.g. Fortune REIT, Sunlight REIT, Champion REIT.My feeling is that US property is a better bet at the moment, as HK seems quite frothy? Do US REIT's exist? Link to comment Share on other sites More sharing options...
drbubb Posted October 3, 2010 Report Share Posted October 3, 2010 QUOTE (14k @ Oct 4 2010, 12:26 AM) <{POST_SNAPBACK}> Was wondering if there were any views on REIT's in particular those based in HK (as I am "HK based"), e.g. Fortune REIT, Sunlight REIT, Champion REIT.My feeling is that US property is a better bet at the moment, as HK seems quite frothy? Do US REIT's exist? Sure, there are many Reits in the US and they tend to trade on a yield basis, which could be dangerous, if earnings fall. == Unquote ==Here are charts on the ones you have mentioned:Champion REIT / HK:2778 .. update (chart lost) Fortune REIT / HK:778 .. update (chart lost) Sunlight REIT / HK:??? .. update Link to comment Share on other sites More sharing options...
drbubb Posted March 2, 2015 Report Share Posted March 2, 2015 Li Ka-shing's China-based REIT may benefit from this weekend's drop in interest rates: HK-87001 / Hui Xian REIT ... update : 6-mos : At Y 3.52, the historical yield is reported as 7.22% (ie. = 0.254) To boost growth, HX-Reit is buying a mixed-use development in Chongqing for 3.91 bn Yuan (HKD 4.84 bn). It will be rebranded as: "Metropolitan Oriental Plaza" REIT income available for distribution for 2014 grew by 8% from a year earlier, to 1.36 bn: Total revenue -- : 12.96 fen : up 3.5% Final distribution : 25.67 fen - 7.38% on year-end 3.48 yuan Annual revenues : 2.8 billion yuan : up 3.1% I believe the REIT is quoted in CNY CNY fx rate ... update : Link to comment Share on other sites More sharing options...
drbubb Posted March 2, 2015 Report Share Posted March 2, 2015 The HKD-quoted REITS Champ: hk2778 : $3.75 x 5.54% = 0.208 / PE: 32.37 Fortune : hk778 : $8.81 x 4.72% = 0.416 / PE: 4.188 Link ---- : hk823 : 49.95 x 3.59% = 1.793 / PE: 4.235 Sunlight : hk435 : $3.98 x 5.28% = 0.210 / PE: 4.300 Champion REIT / HK:2778 . update : 6mos : $3.75 x 5.54% = 0.208 / PE: 32.37 Fortune REIT--- / HK: 778 .. update : 6mos : $8.81 x 4.72% = 0.416 / PE: 4.188 LINK REIT------- / HK: 823 .. update : 6mos : 49.95 x 3.59% = 1.793 / PE: 4.235 Sunlight REIT--- / HK:435 .. update : 6mos : $3.98 x 5.28% = 0.210 / PE: 4.300 Link to comment Share on other sites More sharing options...
drbubb Posted August 12, 2015 Report Share Posted August 12, 2015 Falling RMB*... will impact the valuations of shares with RMB income...May be dragging Hui Xian (HK-87001), a China REIT, to a fresh low soon ... update : 12-mos : 10-days : Last : 3.37 - 0.03 - 0.88% (52wk: 3.29 - 3.57) / Yield: 8.09% / PE: 17.57 There was an article about Hui Xian in today's SCMP Sector's outlook challenging, says REIT - pg. P1 + Hui Xian is the first yuan-denominated REIT listed in HK + Core asset is: Oriental Plaza, an 800,000 mixed use development in Beijing + Also owns: a hotel in Shenyang, and a shopping mall in Chongqing : New Metro Oriental Mall In Chongqing, cost Rmb 3.91bn, completed on March 2nd : Contributed Rmb 38mn; CQ's no.1 mall, with "improving" tenant mix + In first half, HX reported a 9.8% rise in net property income to Rmb 1.03 bn / Hkd $1.28 bn + Distribution rose 10.1% to Rmb 730mn - annualized yield was 7.9% + Office, retail, serviced apts, were up, but the hotel income was down (-3.6% ave rm: Rmb 1,540) ===== ===== USDCNY / Chinese Yuan (CURRENCY) ... update : Further to go? 6.60 - 6.70 maybe 6.4263 +0.1008 : + 1.59% Link to comment Share on other sites More sharing options...
drbubb Posted August 12, 2015 Report Share Posted August 12, 2015 Hui Xian vs. Hang Lung Companies (Hui Xian and HL-Props track each other!) Symbol : Co.------ : Price-- : PE-R. : Yield% : Div. ? : Earn? : 87001 : Hui Xian- : #03.36 : 17.52 : 8.11% : #0.27 : #0.00 : HK10- : HL-Group: $33.65 : 6.981 : 1.13% : $0.38 : $0.00 : HK101 : HL-Prop. : $20.00 : 7.937 : 1.70% : $0.34 : $2.52 : HK101 : @ target : $17.50 : 6.940 : 1.94% : $0.34 : $2.52 : HK:87001 / Hui Xian vs. Hang Lung Cos. ... update Hang Lung Group could hit $17-18 - and a possible yield of 1.94 % - PE 6.9 HK-101 : Hang Lung Group ... update : 3-yrs : 10-d Link to comment Share on other sites More sharing options...
drbubb Posted August 24, 2015 Report Share Posted August 24, 2015 I'm Not Surprised by the drop, just surprised we got her so quickly Global markets plunge as Chinese stocks suffer biggest one-day fall since 2007 By Jane Onyanga-Omara August 24, 2015 2:46 am Investors chat while monitoring stock data on an electronic board at a securities brokerage house in Beijing, China on August 24, 2015. EPA/ROLEX DELA PENA Global shares plunged Monday with China’s Shanghai composite index suffering its biggest one-day fall since 2007 to close 8.5% lower as investors shaken by last week’s sell-off on Wall Street and fears over China’s slowing economy unloaded shares. The benchmark closed at 3,209.91, its biggest one-day loss since an 8.8% drop on Feb. 27, 2007. Hong Kong’s Hang Seng index fell 5.2% to 21,251.57 and Japan’s Nikkei 225 index dropped 4.6% to 18,540.68. == > http://americasmarkets.usatoday.com/2015/08/24/asian-markets-plunge-as-wall-st-declines-fuel-more-sell-offs/ CN-SHcomp / Shanghai Composite ... update - Targeting 2,700 now Is opportunity knocking yet, on some of the HK shares I am tracking HK:101 / Hang Lung- Props. .... update : At $17.== HL_Properties is looking pretty interesting Link to comment Share on other sites More sharing options...
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