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Hysan Development Company Limited (OTCMKTS:HYSNY – Get Rating) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 8,900 shares, a growth of 78.0% from the February 28th total of 5,000 shares. Based on an average daily trading volume, of 12,500 […]
The Villa Lucca development offers 262 contemporary Hong Kong apartments and houses with enviable views
Hong Kong’s retail sector is yet to see full impact of the border reopening, while a supply glut will weigh on the office market, Hysan Development’s executives say.
Hysan Development will spend HK$2 billion (US$256.2 million) to upgrade its Lee Gardens commercial portfolio in Hong Kong’s Causeway Bay and turn it into a one-stop luxury shopping destination.
As in the years from 1997 to 2003, a struggling housing market, slowing economy and surging interest rates are making the debt levels of the city’s home builders a cause for concern.