Chen Qizong, chairman of Hang Lung Properties (00101), said the Hong Kong economy was growing steadily, not too fast. There will be no insoluble problems in Sino-US trade relations: other tariff measures can be implemented in mainland China, which have little impact on the Hong Kong economy and can influence the consideration of the United States by investors.
Chen Qizong said that if China and the United States started a trade war, they would be in a situation of "double jeopardy", the trade war could be beneficial for the development of the group.
It is difficult to estimate the renminbi exchange rate. The depreciation of the renminbi will reduce the buying sentiment of continental consumers, but the mainland's tariff policy could change, or attract more continental consumers, which has a positive impact on the retail market.
The market continues to improve, while consumer demand for luxury goods is increasing, I believe that in the next few years, the rental structure next year and the following year new shopping centers will be opened one after the other, the pace of opening of the centers will accelerate in the future and incomes will increase. Over the next three years, the growth of the Group's revenues will translate into by optimistic profit growth. The prospect of ten years.
Lu Weibo think the trade war will cause fluctuations in the RMB exchange rate in the short term, but in the long run, the group's views on business and the environment have not changed. Domestic demand, the trade war has little effect on the group, but in the short term will pay attention to the renminbi trend, interest rates and bank lending.
|
|
