On August 31, HENDERSON LAND fell 4.28% in regular trading to HK$27.14, with turnover of HK$133 million. The decline came amid broad weakness across the real estate development sector, with the stock continuing to retreat from post-earnings highs.

The property sector saw widespread declines, with China Jinmao falling 7.64%, China Overseas Development down 3.26%, and China Resources Land losing 2.47%. HENDERSON LAND had reported strong first-half results on August 20, with revenue surging 80% year-over-year to HK$17.2 billion and attributable profit rising 40.65% to HK$4.09 billion. Core net profit jumped 66% to HK$5.07 billion, driven by robust Hong Kong property sales and land resumption gains. The company declared an interim dividend of HK$0.50 per share.

Despite the beat, the stock has pulled back steadily since the earnings release. Analysts have flagged that Hong Kong real estate recovery momentum may soften in the second half due to factors including Federal Reserve rate expectations, equity market volatility, and tighter cross-border capital flows, creating near-term adjustment pressure for the sector.

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