Abstract | Henderson Land, one of Hongkong's dominant property companies, especially in the low to middle-cost housing sector, seems well-placed to ride out any changes. Henderson is notable for its absence from most of the high-profile government land auctions. The reason? Since its founding by pioneering New Territories developer Lee Shau-kee in 1976, Henderson has accumulated a massive low-cost land bank, which allows it considerable flexibility in pricing developments and acquiring additional land. |
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