Zhi Tong Cai Jing·2025-12-19 07:09Core Viewpoint - The retirement of CEO Lu Weibao from Hang Lung Group and Hang Lung Properties is seen as an unexpected event, but it is not expected to significantly impact the company's operations as major decisions will still be made by the family [1] Company Summary - Hang Lung Properties' stock rebounded over 3%, with a current price of HKD 8.98 and a trading volume of HKD 63.088 million [1] - Following the announcement of Lu Weibao's retirement, the stock price initially dropped by 2.9%, but analysts view this as a good buying opportunity [1] - The company's positive outlook is supported by improved sales from mainland tenants, driven by stable luxury retail sales, and new growth from light asset leasing in cities like Hangzhou, Wuxi, and Shanghai [1] - Hang Lung Properties offers a high certainty dividend yield of 6%, which is considered not demanding [1]