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What smart money is saying about Hang Lung GroupHong Kong flag

0010.HK · Real Estate · Real Estate - Development · Market cap $2.34B

2 funds in our archive have pitched Hang Lung Group — most recently Third Avenue International Real Estate Value Fund in March 2026.

Company profile

Hang Lung Group Limited, established in 1960 and based in Central, Hong Kong, functions as an investment holding company with a primary focus on real estate development across Hong Kong and mainland China. Its operations are divided into two main divisions: Property Leasing and Property Sales. The company constructs a diverse range of properties for both acquisition and rental, encompassing extensive commercial, office, and residential complexes. Beyond these, their development activities also extend to shopping malls, office buildings, residential units, industrial facilities, and parking structures. A significant part of its asset base comprises a portfolio of prestigious investment properties. Notable examples include the multi-use Grand Gateway 66 (commercial, office, residential) and the commercial/office complex Plaza 66, both located in Shanghai. Other key holdings feature Palace 66 and Forum 66 in Shenyang, Parc 66 in Jinan, Center 66 in Wuxi, Riverside 66 in Tianjin, Olympia 66 in Dalian, Spring City 66 in Kunming, Heartland 66 in Wuhan, and Westlake 66 in Hangzhou. Furthermore, Hang Lung provides an array of ancillary services. These include managing car parks and properties, offering financial services, overseeing project management, providing dry cleaning and laundry services, and acting as a property agency. The company also handles the operation and management of apartment units.

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1
Reported positions
1
Bought
0
Sold
2
Letters

Position history

Every position in Hang Lung Group on record in the archive was reported in Q1 2026, across 1 fund letter1 opened or added to the position.

Fund letters reporting a position in Hang Lung Group, by quarter
QuarterLettersBoughtSoldTheses
Q1 20261102

Fund activity · 1 position · 1 move

  • New positionThird Avenue Real Estate Value Fund
    March 2026
    Both of which seem constructive for the Fund’s recent investment in Hang Lung Group.
    Read the letterHang Lung Group

Fund coverage · 2 theses

  • Third Avenue International Real Estate Value Fund
    March 2026

    Hang Lung Group is a premium retail property owner with a strong mall brand, mainland China expansion, and multiple catalysts for value realization at a deeply discounted valuation.

    Read the full thesis
  • Third Avenue Real Estate Value Fund
    March 2026

    Hang Lung Group is a well-capitalized Hong Kong property company with valuable retail assets, improving operating catalysts, and a pronounced double-discount valuation.

    Read the full thesis

Read every full thesis on Hang Lung Group

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